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Old 07-19-2011, 09:40 AM   #61
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Bankrupt Borders Group Inc said it has canceled its auction and will sell itself to a group of liquidators.
Borders announced the decision on Monday, saying it was not able to reach a deal for a going-concern sale to salvage its 400 remaining stores and 11,000 jobs.
A liquidation group led by Hilco Merchant Resources will begin liquidations as early as Friday, Borders said in a statement. The bookseller will seek bankruptcy court approval of the closing procedures at a hearing set for Thursday.
Borders Bookstore Will Eliminate 11,000 Jobs, Close 400 Remaining Stores

I have friends who work at a nearby Borders and I can imagine how hard it must be to lose their jobs admist a 9.2% unemployment rate. Would it be unethical of me to buy books in bulk during their closing sales?
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Old 07-19-2011, 09:49 AM   #62
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I suppose I can throw out my loyalty card now.
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Old 07-20-2011, 08:17 AM   #63
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wow, how sad. the borders in memphis (there's only been one there ever since i moved there in late 94) has always been pretty busy. but that's what i thought of the one in nashville near the hotel i always stay at, and i discovered in july they closed.
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Old 07-21-2011, 12:46 AM   #64
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