Published: February 17, 2011
Store Closing Sales Begin Saturday at 200 Borders Locations in 35 States and Puerto Rico
CHICAGO, Feb. 17, 2011 /PRNewswire/ -- Under authority of the U.S. Bankruptcy Court, store closing sales will begin on Saturday, February 19th at 200 Borders book stores in 35 states and Puerto Rico. Over $350 million of inventory including books, magazines, music and movie media, calendars, posters and more will be liquidated.
Discounts from 20% to 40% with limited exceptions are offered on all merchandise at every closing location. Consumers will benefit from very significant savings on the entire stock of books in every category, including new releases, best sellers, text books, rare and collectible books and children's books. There are also substantial price reductions on, thousands of music CDs and video DVDs, calendars, posters, puzzles and arts and crafts items.
Borders Rewards programs, including Borders Rewards Plus, remain in effect. Customers can continue to earn and redeem their Rewards in all stores and on Borders.com. Gift cards will also be honored as usual.
The liquidation of inventory and store fixtures is being managed by a joint venture composed of Hilco Merchant Resources, LLC, Gordon Brothers Group, SB Capital Group, LLC, and Tiger Capital Group. A spokesperson for the joint venture said, "This is a tremendous opportunity for consumers to take advantage of truly compelling discounts on a huge selection of literature, entertainment media and much more. We anticipate that today's value conscious consumer will respond very positively to these outstanding savings. We expect this will be a short sale."
About Hilco Merchant Resources, LLC
Based in Northbrook, IL, Hilco Merchant Resources (www.hilcomerchantresources.com) provides a wide range of analytical, advisory, operational, asset monetization and capital investment services to help retailers define and execute strategic initiatives. Hilco can acquire, co-invest in or facilitate the merger of retail operations; purchase or otherwise dispose of duplicative stores, underperforming divisions, unnecessary distribution centers, inventory, owned real estate, leases, and furniture, fixtures and equipment. Hilco also provides retail restructuring services, interim store management, loss prevention services, marketing and advertising management, merchandising management, and strategic store opening programs.
About Gordon Brothers Group
Founded in 1903, Gordon Brothers Group (www.gordonbrothers.com) is a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors. Gordon Brothers Group maximizes value for both healthy and distressed companies by purchasing or selling all categories of assets, appraising assets, providing debt financing, making private equity investments, and operating businesses for extended periods. Gordon Brothers Group conducts over $50 billion in transactions and appraisals annually.
About SB Capital Group, LLC
SB Capital Group, a Schottenstein affiliate, is a leader in the field of asset recovery, rescue finance, restructuring and strategic store closing events. As equity stakeholders in businesses comprising sectors as diversified as retail enterprises, consumer products, franchising, licensing and real property, SB Capital Group leverages resources and depth of experience to provide services with applicability across a wide spectrum of industries. Recognized worldwide as a trusted partner for businesses and professionals, SB Capital Group's participation in transactions that span the globe has solidified a reputation as one of the most creative and innovative financial service and asset realization firms in existence today. Discover more at www.sbcapitalgroup.com.
About Tiger Capital Group
Tiger Capital Group (www.tigergroupllc.com) specializes in the planning, promotion, and management of store-closing events in connection with mergers, acquisitions, downsizing, corporate divestitures and Chapter 11 proceedings. Our focus is to help retailers, assets-based lenders, and other financial institutions understand the underlying value of inventory and to provide key monitoring advice. Professionals within Tiger Capital have many years' experience and extensive knowledge in the valuation and disposition of assets. Tiger and its affiliated companies provide comprehensive advisory, valuation, auction, management, and disposition services for a broad range of retail, wholesale, and industrial companies.
NOTE TO EDITORS: STORE LOCATION LIST FOLLOWS
Store Closing
Sales In
Progress at
These Borders
Locations:
Anchorage 1100 E Dimond Blvd
Rogers 2203 South 45th St Ste 12100
Avondale 10100 W. McDowell Road
Chandler 870 N. 54th Street
Mesa 1361 S Alma School Road
Phoenix 4555 East Cactus Rd
Phoenix 2402 E Camelback Road, Suite 200
Scottsdale 7135 East Camelback Rd, Space 140
Scottsdale 7000 E. Mayo Blvd. Suite 1050
Tucson 4235 N Oracle Rd
Alameda Towne Centre 2245 South
Alameda Shore Center
Cerritos 12741 Towne Center Drive
Chino 3833 Grand Avenue
El Cajon 159 Fletcher Parkway
Fremont 39210 Fremont Hub, Suite 211
Glendale 100 S Brand Blvd
La Habra 1310 S. Beach Blvd.
Long Beach 101 South Pine Avenue
Long Beach 2110 Bellflower Blvd
Los Angeles 6081 Center Dr, Suite 118
Los Angeles 10250 Santa Monica Blvd.
Los Gatos 50 University Avenue, Ste 280
Mira Loma 12423 Limonite Ave.
Modesto 3900 Sisk Rd
Montclair 5055 S Plaza Lane
Orange 20 City Boulevard, W.
Oxnard 241 W. Esplanade Drive
Pasadena 475 S. Lake Avenue
Pico Rivera 8852 Washington Blvd.
Pleasanton 4575 Rosewood Drive
Rolling Hills
Estates 550 Deep Valley Drive, Suite 261
San Diego 668 6th Avenue
San Francisco 845 Market St.
San Francisco 400 Post Street
San Jose 356 Santana Row, Suite 1030
San Jose 925 Blossom Hill Road, Suite 1741
San Mateo 2925 El Camino Real
San Ramon 120 Sunset Dr
Santa Cruz 1200 Pacific Ave, Suite 100
Sherman Oaks 14651 Ventura Blvd.
Stockton 10776 Trinity Parkway
Tustin 2493 Park Ave
Union City 32111 Union Landing Blvd
Valencia 24445 Town Center Dr.
Yorba Linda 22401 Old Canal Rd
Aurora 6606 South Parker Road
1750 Twenty Ninth Street Suite
Boulder 1052
Dillon 264 Dillion Ridge Way
2464 U.S. Highway 6 & 50 , Suite
Grand Junction 132
Greeley 2863 35th Ave
Littleton 8501 West Bowles Ave
Danbury 110 Federal Road
Manchester 59 Pavilions Drive
Milford 1201 Boston Post Rd.
Simsbury 500 Bushy Hill Road
Southbury Plaza 100 Main Street
Southbury North, Spc 17
Wilton 14 Danbury Road (Gateway Center)
Washington 1801 K Street NW
Washington DC 5333 Wisconsin Avenue, NW
Altamonte
Springs 880 W. State Road 436
Brandon 2020 Town Center Blvd.
Clearwater 2683 Gulf to Bay Blvd.
Gulf Coast Town Center 10037 Gulf
Fort Myers Center Drive
Ft Lauderdale 2240 E Sunrise Blvd
Gainesville 6837 Newberry Road
Jacksonville 8801 Southside Blvd., Ste. 10
Jensen Beach 3066 NW Federal Hwy
10600 Tamiami Trail North, Suite
Naples 600
Ocoee 9441 W. Colonial Drive
Orlando 1051 W. Sand Lake Road
Oviedo 8285 Red Bug Lake Road
Plantation 12171 W. Sunrise Blvd.
Sarasota 3800 S. Tamiami Trail
Tampa 909 Dale Mabry
Tampa 12500 N Dale Mabry
Atlanta 3101 Cobb Parkway
Austell 1605 East-West Connector Road
1705 Mall of Georgia Blvd -Suite
Buford 200
605 Ernest W Barrett Parkway, Bldg
Kennesaw 400
Suwanee 3630 Peachtree Parkway, Suite 100
Kailua-Kona 75-1000 Henry Street
Lihue 4303 Nawiliwili
Bolingbrook 161 N. Webber
Chicago 6103 N. Lincoln Avenue
Chicago 4718 N. Broadway Ave
Chicago 755 W. North Avenue
Chicago 2210 W. 95th Street
Chicago 2817 North Clark Street
Crystal Lake 6000 Northwestern Highway
Deerfield 49 S Waukegan Road
DeKalb 2520 Sycamore Road
Evanston 1700 Maple Avenue
Matteson 4824 West 211th Street
McHenry 2221 Richmond Road
Mt. Prospect 909 North Elmhurst Rd
Normal 200 A North Greenbriar Drive
Norridge 7100 W. Forest Preserve Drive
St. Charles 3539 E Main
Carmel 2381 Pointe Parkway
Evansville 6401 E. Lloyds Expressway, Suite 1
Indianapolis 11 S. Meridian Street, Suite 110
Merrillville 2074 Southlake Mall
Mishawaka 4230 Grape Road
West Lafayette 348 E. State Street
Lawrence 700 New Hampshire Street
Wichita 1715 Rock Rd & 13th Street
Louisville 400 S. 4th Street
Louisville 2520 S. Hurstborne Gem Lane
Metarie 3131 Veterans Memorial Blvd.
New Orleans 3338 St. Charles Ave
Boston 511 Boylston Street
Wayside Commons 6 Wayside Road,
Burlington Space U
Holyoke Mall 50 Holyoke St., Space
Holyoke J312
Hyannis 990 Iyannough Road
Peabody 151 Andover Street
Wareham Crossing 2421 Cranberry
Wareham Highway, Ste 460
Bowie 4420 Mitchellville Rd.
Kensington 11301 Rockville Pike
Largo 931 Capital Centre Blvd.
Ann Arbor 3527 Washtenaw Ave.
Dearborn 5601 Mercury Drive
Grosse Pointe 17141 Kercheval Avenue
Utica 45290 Utica Park Boulevard
Maple Grove 12059 Elm Creek Blvd.
Minnetonka 1501 Plymouth Road
Richfield 800 W. 78th Street
St. Paul 1390 W. University Avenue
Ballwin 15355-A Manchester Road
Chesterfield 2040 Chesterfield Mall
Kansas City 8628 North Boardwalk Avenue
Springfield 3300 S. Glenstone Avenue
St. Joseph 5201 North Belt Highway, Suite 127
St. Peters 1320 Mid Rivers Mall
Bozeman 2855 North 19th Avenue, Suite C
1541 Beaver Creek Commons Dr. Ste
Apex 220
Cary 1751 Walnut Street
Chapel Hill 1807 Fordham Blvd.
Greensboro 3605 High Point Rd
Raleigh 404-101 East Six Forks Rd
Nashua 281 Daniel Webster Hwy.
Raceway Mall 3710 Route 9, Ste
Freehold 2318
Ft. Lee 1642 Schlosser Street
Paramus Garden State Plaza Suite 2200
Watchung 1515 Route 22 West, Suite 02
Albuquerque 10420 Coors Bypass NW, Suite B
Santa Fe 500 Montezuma, Suite 108
Las Vegas 2323 S Decatur Boulevard
Commack 68 Veterans Memorial Highway
Ithaca 40 Catherwood Road
Manhattan 576 Second Avenue
New York 100 Broadway
New York 461 Park Ave.
Saratoga
Springs 395 Broadway
Scarsdale 680 White Plains Road
Wappingers
Falls 1820 South Road, Suite 110
Westbury 1260 Old Country Road
Cincinnati 9459 Colerain Avenue
Columbus 4545 Kenny Road
Columbus 6670 Sawmill Road
2700 Miamisburg Centerville Rd,
Dayton Ste 870
Mason 5105 Deerfield Blvd
Medina 4927 Grande Shops Ave.
Mentor 9565 Mentor Avenue
Oklahoma City 3209 Northwest Expressway
Tulsa 8015 S. Yale
Camp Hill 3515 Gettysburg Road
Erie 2088A Interchange Rd
King of
Prussia 650 Mall Blvd.
Langhorne 2343 E. Lincoln Highway
Monroeville 200 Mall Blvd
Pittsburgh 5986 Penn Circles South Ste 101
Pittsburgh 1775 North Highland Road
Reading 1075 Woodland Rd
Whitehall 1937 Whitehall Mall
Carolina 5891 Plaza Escorial
Mayaguez Avenida Hostos 975, Suite 765
Franklin 545 Cool Springs Blvd, Suite 190
9500 South IH 35 Service Rd.
Austin Southpark Meadows
Austin 4477 S. Lamar
Austin 3309 Esperanza Crossing
Burleson 1131 N. Burleson Blvd.
Colleyville 5615 Colleyville Blvd, Ste 100
Dallas 3600 McKinney Avenue
Dallas 10720 Preston Road, Suite 1018
Lewisville 2403 S Stemmons, Suite 100
Mesquite 2709 N.Mesquite Drive
Plano 1601 Preston Road, Suite J
Logan 1050 North Main Street
Murray 132 E. Winchester
Glen Allen 9750 W Broad St
Newport News 12300 Jefferson Ave, Suite 100
Stafford 1240 Stafford Market Place
Vienna 8027 Leesburg Pike, Ste 100
Winchester 2420 S. Pleasant Valley Road
Gig Harbor 4601 Point Fosdick Dr. NW
Lynnwood 3000 184th St. SW, Suite 910
Fox Point 8705 N. Port Washington
Greendale 5250 S. 76th Street
Madison 3750 University Ave
Milwaukee 101 West Wisconsin Avenue
Store Closing
Sales In
Progress at
These Borders
Locations:
Anchorage Anchorage AK 99515
Rogers Rogers AR 72758
Avondale Avondale AZ 85323
Chandler Chandler AZ 85226
Mesa Mesa AZ 85210
Phoenix Phoenix AZ 85032
Phoenix Phoenix AZ 85016
Scottsdale Scottsdale AZ 85251
Scottsdale Scottsdale AZ 85054
Tucson Tucson AZ 85705
Alameda Alameda CA 94501
Cerritos Cerritos CA 90703
Chino Chino CA 91710
El Cajon El Cajon CA 92020
Fremont Fremont CA 94538
Glendale Glendale CA 91204
La Habra La Habra CA 90631
Long Beach Long Beach CA 90802
Long Beach Long Beach CA 90815
Los Angeles Los Angeles CA 90045
Los Angeles Los Angeles CA 90067
Los Gatos Los Gatos CA 95030
Mira Loma Mira Loma CA 91752
Modesto Modesto CA 95356
Montclair Montclair CA 91763
Orange Orange CA 92868
Oxnard Oxnard CA 93030
Pasadena Pasadena CA 91101
Pico Rivera Pico Rivera CA 90660
Pleasanton Pleasanton CA 94588
Rolling Hills Rolling Hills
Estates Estates CA 90274
San Diego San Diego CA 92101
San Francisco San Francisco CA 94103
San Francisco San Francisco CA 94102
San Jose San Jose CA 95128
San Jose San Jose CA 95123
San Mateo San Mateo CA 94403
San Ramon San Ramon CA 94583
Santa Cruz Santa Cruz CA 95060
Sherman Oaks Sherman Oaks CA 91403
Stockton Stockton CA 95219
Tustin Tustin CA 92782
Union City Union City CA 94587
Valencia Valencia CA 91355
Yorba Linda Yorba Linda CA 92887
Aurora Aurora CO 80016
Boulder Boulder CO 80301
Dillon Dillon CO 80435
Grand Junction Grand Junction CO 81505
Greeley Greeley CO 80634
Littleton Littleton CO 80123
Danbury Danbury CT 06811
Manchester Manchester CT 06040
Milford Milford CT 06460
Simsbury Simsbury CT 06070
Southbury Southbury CT 06488
Wilton Wilton CT 06897
Washington Washington DC 20006
Washington DC Washington DC DC 20015
Altamonte Altamonte
Springs Springs FL 32714
Brandon Brandon FL 33511
Clearwater Clearwater FL 33759
Fort Myers Fort Myers FL 33913
Ft Lauderdale Ft Lauderdale FL 33304
Gainesville Gainesville FL 32605
Jacksonville Jacksonville FL 32256
Jensen Beach Jensen Beach FL 34957
Naples Naples FL 34108
Ocoee Ocoee FL 34761
Orlando Orlando FL 32809
Oviedo Oviedo FL 32765
Plantation Plantation FL 33323
Sarasota Sarasota FL 34239
Tampa Tampa FL 33609
Tampa Tampa FL 33618
Atlanta Atlanta GA 30339
Austell Austell GA 30106
Buford Buford GA 30519
Kennesaw Kennesaw GA 30144
Suwanee Suwanee GA 30024
Kailua-Kona Kailua-Kona HI 96740
Lihue Lihue HI 96766
Bolingbrook Bolingbrook IL 60490
Chicago Chicago IL 60659
Chicago Chicago IL 60640
Chicago Chicago IL 60610
Chicago Chicago IL 60643
Chicago Chicago IL 60657
Crystal Lake Crystal Lake IL 60014
Deerfield Deerfield IL 60015
DeKalb DeKalb IL 60115
Evanston Evanston IL 60201
Matteson Matteson IL 60443
McHenry McHenry IL 60050
Mt. Prospect Mt. Prospect IL 60056
Normal Normal IL 61761
Norridge Norridge IL 60706
St. Charles St. Charles IL 60174
Carmel Carmel IN 46032
Evansville Evansville IN 47715
Indianapolis Indianapolis IN 46204
Merrillville Merrillville IN 46410
Mishawaka Mishawaka IN 46545
West Lafayette West Lafayette IN 47906
Lawrence Lawrence KS 66044
Wichita Wichita KS 67206
Louisville Louisville KY 40202
Louisville Louisville KY 40220
Metarie Metairie LA 70002-6047
New Orleans New Orleans LA 70115
Boston Boston MA 02116
Burlington Burlington MA 01803
Holyoke Holyoke MA 01041
Hyannis Hyannis MA 02601
Peabody Peabody MA 01960
Wareham Wareham MA 02571
Bowie Bowie MD 20716
Kensington Kensington MD 20895
Largo Largo MD 20774
Ann Arbor Ann Arbor MI 48104
Dearborn Dearborn MI 48126
Grosse Pointe Grosse Pointe MI 48230
Utica Utica MI 48315
Maple Grove Maple Grove MN 55369
Minnetonka Minnetonka MN 55305
Richfield Richfield MN 55423
St. Paul St. Paul MN 55104
Ballwin Ballwin MO 63011
Chesterfield Chesterfield MO 63017
Kansas City Kansas City MO 64154
Springfield Springfield MO 65804
St. Joseph St. Joseph MO 64506
St. Peters St. Peters MO 63376
Bozeman Bozeman MT 59718
Apex Apex NC 27502
Cary Cary NC 27511
Chapel Hill Chapel Hill NC 27514
Greensboro Greensboro NC 27407
Raleigh Raleigh NC 27609
Nashua Nashua NH 03060
Freehold Freehold NJ 07728
Ft. Lee Ft. Lee NJ 07024
Paramus Paramus NJ 07652
Watchung Watchung NJ 07069
Albuquerque Albuquerque NM 87114
Santa Fe Santa Fe NM 87501
Las Vegas Las Vegas NV 89102
Commack Commack NY 11725
Ithaca Ithaca NY 14850
Manhattan Manhattan NY 10016
New York New York NY 10005
New York New York NY 10022
Saratoga Saratoga
Springs Springs NY 12866
Scarsdale Scarsdale NY 10583
Wappingers Wappingers
Falls Falls NY 12590
Westbury Westbury NY 11590
Cincinnati Cincinnati OH 45251
Columbus Columbus OH 43220
Columbus Columbus OH 43235
Dayton Dayton OH 45459
Mason Mason OH 45040
Medina Medina OH 44256
Mentor Mentor OH 44060
Oklahoma City Oklahoma City OK 73112
Tulsa Tulsa OK 74136
Camp Hill Camp Hill PA 17011
Erie Erie PA 16509
King of King of
Prussia Prussia PA 19406
Langhorne Langhorne PA 19047
Monroeville Monroeville PA 15146
Pittsburgh Pittsburgh PA 15206
Pittsburgh Pittsburgh PA 15241
Reading Reading PA 19610
Whitehall Whitehall PA 18052
Carolina Carolina PR 00987-5001
Mayaguez Mayaguez PR 00680-1277
Franklin Franklin TN 37067
Austin Austin TX 78748
Austin Austin TX 78745
Austin Austin TX 78758
Burleson Burleson TX 76028
Colleyville Colleyville TX 76034
Dallas Dallas TX 75204
Dallas Dallas TX 75230
Lewisville Lewisville TX 75067
Mesquite Mesquite TX 75150
Plano Plano TX 75093-5101
Logan Logan UT 84321
Murray Murray UT 84107
Glen Allen Glen Allen VA 23060
Newport News Newport News VA 23602
Stafford Stafford VA 22556
Vienna Vienna VA 22182
Winchester Winchester VA 22601
Gig Harbor Gig Harbor WA 98335
Lynnwood Lynnwood WA 98037
Fox Point Fox Point WI 53217
Greendale Greendale WI 53129
Madison Madison WI 53705
Milwaukee Milwaukee WI 53203
Co-Contacts:
Richard L. Kaye
Hilco Merchant Resources
Office: 847-418-2711
Email: rkaye@hilcotrading.com
Michael Burdeen
Edelman Public Relations
Office: 312-240-3152
Mobile: 847-601-1954
Email: michael.burdeen@edelman.com
SOURCE Hilco Merchant Resources, LLC
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