Borders Begins Going Out of Business Sale Today

Shoppers visiting  bookstores Friday may take advantage of large discounts offered as the company embarks on a massive "going out of business sale" at 399 locations, including one in Troy.

Located near the southwest entrance of , Troy's Borders store carries classic books, new bestsellers, nonfiction titles and teen and children's books, as well as dozens of magazines. Borders also offers games, puzzles, DVDs and CDs.

The sale is part of the chain's effort to sell off the remaining of its more than $700 million of inventory including books, puzzles/games, activity sets, stationery, magazines, music and movie media, calendars, posters, and more will be liquidated, as well as store fixtures, furnishings and equipment.

"This marks the end of an era and we thank our customers for their patronage over our 40-year history," said Mike Edwards, president of Borders Group. "I encourage our customers to take advantage of this one-time opportunity to find exceptional discounts on their favorite books and other great merchandise. The commitment to our customers will remain a top priority throughout the going-out-of-business sale."

Discounts up to 40 percent will be offered on all merchandise at every location. In addition, customers can also buy store fixtures such as lighting, shelving and racks, and, at select locations, café equipment.

Borders gift cards will be honored throughout the sale. Initially, Borders Rewards PLUS members will continue to receive additional discounts on qualifying purchases. All existing Borders Bucks can be redeemed until they expire on July 31. All sales made on or after July 22 are final. Returns made on any merchandise purchased prior to July 22 will be handled in compliance with Borders' existing return policy.