You may remember that back in 2013, people who forgot to redeem their Borders gift cards sued the company’s smoldering remains and tried to get some of their money back. A federal judge shot that effort down, but the gift card lawsuit continued, and went all the way to the U.S. Supreme Court. No, really. However, the Supremes declined to hear the case, which means you’re stuck using those Borders gift cards to scrape ice off your car windows. [More]
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Judge Says Customers Won’t See One Red Cent Of Unredeemed Borders Gift Cards
Ineffective rectangular frisbees? Tiny coasters? Better start thinking of some ideas for any of those unredeemed Borders gift cards you may still have lying around: A judge ruled this week that customers won’t see a nickel of a total of $210.5 million in remaining balances on gift cards they failed to use before Borders bit the big one and went off to that great mall in the sky. [More]
Borders Store To Be Turned Into Library System Nexus
Here’s another cool liquidated Borders store conversion story. The Pioneer Library System in Oklahoma is buying up a 25,000 square foot Borders store and turning it into their new book master control system headquarters. [More]
Man Reuses Letters From Borders Sign To Open "ODE" Bookstore In Same Spot
San Francisco is big into recycling and books, and both interests have combined in the form of a liquidated Borders bookstore that is getting reused as a used bookstore. The owner is even finding a place for the letters in the original Borders sign: spelling out the name of the new store, “ODE.” [More]
Liquidated Borders Store Reincarnated As Temporary Halloween Shop
What happens to old Borders stores now that the book chain is bankrupt and liquidated? In Kennesaw, Georgia, one old Borders shop has been brought back from the dead as a temporary Halloween supply warehouse. It makes reader DW sad. [More]
Borders Employees Say Adios With Oversized Confession To Customers
There’s nothing like the full confession of a few former employees who have a bone to pick with the common customer. In this case, it’s some Borders workers, who have taken to a ginormous piece of paper to list, in detail, their biggest peeves with shoppers. [More]
14 Borders Stores To Be Reborn As Books-A-Million
Loyal customers of some Borders stores in the Northeast and Midwest, rejoice: you may not have to go long without a book superstore once Borders closes. According to bankruptcy court documents filed yesterday, Alabama-based chain Books-A-Million has agreed to take over the leases for 14 Borders outlets, mostly in the Northeast. A previous proposal for BAM (best store acronym ever) to take over 30 Borders leases fell through. [More]
Google+ Circle Forms Jobs Blog For Ex-Borders Workers
Borders shutting down means 11,000 nice bookworms are out of a job. That’s a pretty sad thought so a couple of friends started musing together on Google+ about how someone should help these folks out. So they started a new blog, “Help Ex-Borders Employees” where people can post job listings for these newly unemployed. [More]
Even The Computers At Borders Have Given Up
As Borders stores around the country are being salvaged for scraps before being melted down into a homogenous molten goo, it appears that even the retailer’s in-house computers have decided its time to retire. [More]
Borders CEO's Goodbye Email To His Customers
Mike Edwards, the CEO of the liquidating Borders bookstores emailed a farewell note to all Borders Rewards Members last night. In it, he looked back at the over 40 years of bookselling and imagination-stoking the chain has done and explained why they were closing down. Beyond the sentiments, he also explained some important things you’ll want to know if you want to buy some books from them before they close their doors for good. [More]
Borders Gets No Love From Bidders, Forced To Liquidate
Though Borders had received a tentative “stalking horse” bid earlier this month for around $215 million, that deal has since fallen apart and no one else has stepped up to the bidder’s box. Thus, the company has decided to say “aw, screw this,” and liquidate. [More]
Borders Finds Someone Willing To Buy It For $215 Million
Nearly five months after filing for Chapter 11 bankruptcy protection, the once huge chain of Borders bookstores has finally found a private investment firm willing to buy it for $215 million. Alas, the buyer would also be assuming $220 million in debt from the busted bookseller. [More]
Buying Fixtures In A Retail Liquidation Sale: A Cautionary Tale
Liquidators hired to clean out a closing retail store sell everything, down to the equipent and fixtures. Well, theoretically they do. Jay bought a handtruck from a closing Borders store, paid in advance, and was told to stop by the store to pick up the purchase later that month when the store actually closed. When he did, the store had closed, and all of the fixtures were gone, along with the liquidators. [More]
Pop-Up Bookstore To Temporarily Take Over Empty Borders Store
Like a hermit crab taking up residence in the shell of a deceased snail, a former Borders store in Pittsburgh will soon see its shelves lined with books — if only temporarily — when it briefly becomes the home of an independent bookseller. [More]
Borders Revises Store Closing Ad To Make It Less Confusing
We’re delighted to report that Borders sent out a new e-mail blast to customers in markets with closing stores. This flyer is significantly less confusing than last week’s, which sent r Devin on a heroic quest to get the additional 10% discount that the e-mail had promised him. [More]
Sign At Closing Borders: 'Manga So Cheap, You Don't Need To Steal Them Anymore!'
Reader Syndicate Product spotted this sign at a Borders store in liquidation, noting that manga and graphic novels were only 30% off at the time…and then there’s the 8% sales tax in this area. Not particularly cheap, then. The sadness and frustration still come through. [More]