Store Closing Sales Begin Saturday at 200 Borders Locations in 35 States and Puerto Rico
INVENTORY & FIXTURES LIQUIDATION MANAGED BY HILCO MERCHANT RESOURCES, GORDON BROTHERS GROUP, SB CAPITAL GROUP AND TIGER CAPITAL GROUP
20% TO 40% DISCOUNTS OFFERED ON INCREDIBLE ASSORTMENT OF LITERATURE, ENTERTAINMENT MEDIA AND MORE
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 |
Anchorage |
AK |
99515 |
|
Rogers |
2203 South 45th St Ste 12100 |
Rogers |
AR |
72758 |
|
Avondale |
10100 W. McDowell Road |
Avondale |
AZ |
85323 |
|
Chandler |
870 N. 54th Street |
Chandler |
AZ |
85226 |
|
Mesa |
1361 S Alma School Road |
Mesa |
AZ |
85210 |
|
Phoenix |
4555 East Cactus Rd |
Phoenix |
AZ |
85032 |
|
Phoenix |
2402 E Camelback Road, Suite 200 |
Phoenix |
AZ |
85016 |
|
Scottsdale |
7135 East Camelback Rd, Space 140 |
Scottsdale |
AZ |
85251 |
|
Scottsdale |
7000 E. Mayo Blvd. Suite 1050 |
Scottsdale |
AZ |
85054 |
|
Tucson |
4235 N Oracle Rd |
Tucson |
AZ |
85705 |
|
Alameda |
Alameda Towne Centre 2245 South Shore Center |
Alameda |
CA |
94501 |
|
Cerritos |
12741 Towne Center Drive |
Cerritos |
CA |
90703 |
|
Chino |
3833 Grand Avenue |
Chino |
CA |
91710 |
|
El Cajon |
159 Fletcher Parkway |
El Cajon |
CA |
92020 |
|
Fremont |
39210 Fremont Hub, Suite 211 |
Fremont |
CA |
94538 |
|
Glendale |
100 S Brand Blvd |
Glendale |
CA |
91204 |
|
La Habra |
1310 S. Beach Blvd. |
La Habra |
CA |
90631 |
|
Long Beach |
101 South Pine Avenue |
Long Beach |
CA |
90802 |
|
Long Beach |
2110 Bellflower Blvd |
Long Beach |
CA |
90815 |
|
Los Angeles |
6081 Center Dr, Suite 118 |
Los Angeles |
CA |
90045 |
|
Los Angeles |
10250 Santa Monica Blvd. |
Los Angeles |
CA |
90067 |
|
Los Gatos |
50 University Avenue, Ste 280 |
Los Gatos |
CA |
95030 |
|
Mira Loma |
12423 Limonite Ave. |
Mira Loma |
CA |
91752 |
|
Modesto |
3900 Sisk Rd |
Modesto |
CA |
95356 |
|
Montclair |
5055 S Plaza Lane |
Montclair |
CA |
91763 |
|
Orange |
20 City Boulevard, W. |
Orange |
CA |
92868 |
|
Oxnard |
241 W. Esplanade Drive |
Oxnard |
CA |
93030 |
|
Pasadena |
475 S. Lake Avenue |
Pasadena |
CA |
91101 |
|
Pico Rivera |
8852 Washington Blvd. |
Pico Rivera |
CA |
90660 |
|
Pleasanton |
4575 Rosewood Drive |
Pleasanton |
CA |
94588 |
|
Rolling Hills Estates |
550 Deep Valley Drive, Suite 261 |
Rolling Hills Estates |
CA |
90274 |
|
San Diego |
668 6th Avenue |
San Diego |
CA |
92101 |
|
San Francisco |
845 Market St. |
San Francisco |
CA |
94103 |
|
San Francisco |
400 Post Street |
San Francisco |
CA |
94102 |
|
San Jose |
356 Santana Row, Suite 1030 |
San Jose |
CA |
95128 |
|
San Jose |
925 Blossom Hill Road, Suite 1741 |
San Jose |
CA |
95123 |
|
San Mateo |
2925 El Camino Real |
San Mateo |
CA |
94403 |
|
San Ramon |
120 Sunset Dr |
San Ramon |
CA |
94583 |
|
Santa Cruz |
1200 Pacific Ave, Suite 100 |
Santa Cruz |
CA |
95060 |
|
Sherman Oaks |
14651 Ventura Blvd. |
Sherman Oaks |
CA |
91403 |
|
Stockton |
10776 Trinity Parkway |
Stockton |
CA |
95219 |
|
Tustin |
2493 Park Ave |
Tustin |
CA |
92782 |
|
Union City |
32111 Union Landing Blvd |
Union City |
CA |
94587 |
|
Valencia |
24445 Town Center Dr. |
Valencia |
CA |
91355 |
|
Yorba Linda |
22401 Old Canal Rd |
Yorba Linda |
CA |
92887 |
|
Aurora |
6606 South Parker Road |
Aurora |
CO |
80016 |
|
Boulder |
1750 Twenty Ninth Street Suite 1052 |
Boulder |
CO |
80301 |
|
Dillon |
264 Dillion Ridge Way |
Dillon |
CO |
80435 |
|
Grand Junction |
2464 U.S. Highway 6 & 50 , Suite 132 |
Grand Junction |
CO |
81505 |
|
Greeley |
2863 35th Ave |
Greeley |
CO |
80634 |
|
Littleton |
8501 West Bowles Ave |
Littleton |
CO |
80123 |
|
Danbury |
110 Federal Road |
Danbury |
CT |
06811 |
|
Manchester |
59 Pavilions Drive |
Manchester |
CT |
06040 |
|
Milford |
1201 Boston Post Rd. |
Milford |
CT |
06460 |
|
Simsbury |
500 Bushy Hill Road |
Simsbury |
CT |
06070 |
|
Southbury |
Southbury Plaza 100 Main Street North, Spc 17 |
Southbury |
CT |
06488 |
|
Wilton |
14 Danbury Road (Gateway Center) |
Wilton |
CT |
06897 |
|
Washington |
1801 K Street NW |
Washington |
DC |
20006 |
|
Washington DC |
5333 Wisconsin Avenue, NW |
Washington DC |
DC |
20015 |
|
Altamonte Springs |
880 W. State Road 436 |
Altamonte Springs |
FL |
32714 |
|
Brandon |
2020 Town Center Blvd. |
Brandon |
FL |
33511 |
|
Clearwater |
2683 Gulf to Bay Blvd. |
Clearwater |
FL |
33759 |
|
Fort Myers |
Gulf Coast Town Center 10037 Gulf Center Drive |
Fort Myers |
FL |
33913 |
|
Ft Lauderdale |
2240 E Sunrise Blvd |
Ft Lauderdale |
FL |
33304 |
|
Gainesville |
6837 Newberry Road |
Gainesville |
FL |
32605 |
|
Jacksonville |
8801 Southside Blvd., Ste. 10 |
Jacksonville |
FL |
32256 |
|
Jensen Beach |
3066 NW Federal Hwy |
Jensen Beach |
FL |
34957 |
|
Naples |
10600 Tamiami Trail North, Suite 600 |
Naples |
FL |
34108 |
|
Ocoee |
9441 W. Colonial Drive |
Ocoee |
FL |
34761 |
|
Orlando |
1051 W. Sand Lake Road |
Orlando |
FL |
32809 |
|
Oviedo |
8285 Red Bug Lake Road |
Oviedo |
FL |
32765 |
|
Plantation |
12171 W. Sunrise Blvd. |
Plantation |
FL |
33323 |
|
Sarasota |
3800 S. Tamiami Trail |
Sarasota |
FL |
34239 |
|
Tampa |
909 Dale Mabry |
Tampa |
FL |
33609 |
|
Tampa |
12500 N Dale Mabry |
Tampa |
FL |
33618 |
|
Atlanta |
3101 Cobb Parkway |
Atlanta |
GA |
30339 |
|
Austell |
1605 East-West Connector Road |
Austell |
GA |
30106 |
|
Buford |
1705 Mall of Georgia Blvd - Suite 200 |
Buford |
GA |
30519 |
|
Kennesaw |
605 Ernest W Barrett Parkway, Bldg 400 |
Kennesaw |
GA |
30144 |
|
Suwanee |
3630 Peachtree Parkway, Suite 100 |
Suwanee |
GA |
30024 |
|
Kailua-Kona |
75-1000 Henry Street |
Kailua-Kona |
HI |
96740 |
|
Lihue |
4303 Nawiliwili |
Lihue |
HI |
96766 |
|
Bolingbrook |
161 N. Webber |
Bolingbrook |
IL |
60490 |
|
Chicago |
6103 N. Lincoln Avenue |
Chicago |
IL |
60659 |
|
Chicago |
4718 N. Broadway Ave |
Chicago |
IL |
60640 |
|
Chicago |
755 W. North Avenue |
Chicago |
IL |
60610 |
|
Chicago |
2210 W. 95th Street |
Chicago |
IL |
60643 |
|
Chicago |
2817 North Clark Street |
Chicago |
IL |
60657 |
|
Crystal Lake |
6000 Northwestern Highway |
Crystal Lake |
IL |
60014 |
|
Deerfield |
49 S Waukegan Road |
Deerfield |
IL |
60015 |
|
DeKalb |
2520 Sycamore Road |
DeKalb |
IL |
60115 |
|
Evanston |
1700 Maple Avenue |
Evanston |
IL |
60201 |
|
Matteson |
4824 West 211th Street |
Matteson |
IL |
60443 |
|
McHenry |
2221 Richmond Road |
McHenry |
IL |
60050 |
|
Mt. Prospect |
909 North Elmhurst Rd |
Mt. Prospect |
IL |
60056 |
|
Normal |
200 A North Greenbriar Drive |
Normal |
IL |
61761 |
|
Norridge |
7100 W. Forest Preserve Drive |
Norridge |
IL |
60706 |
|
St. Charles |
3539 E Main |
St. Charles |
IL |
60174 |
|
Carmel |
2381 Pointe Parkway |
Carmel |
IN |
46032 |
|
Evansville |
6401 E. Lloyds Expressway, Suite 1 |
Evansville |
IN |
47715 |
|
Indianapolis |
11 S. Meridian Street, Suite 110 |
Indianapolis |
IN |
46204 |
|
Merrillville |
2074 Southlake Mall |
Merrillville |
IN |
46410 |
|
Mishawaka |
4230 Grape Road |
Mishawaka |
IN |
46545 |
|
West Lafayette |
348 E. State Street |
West Lafayette |
IN |
47906 |
|
Lawrence |
700 New Hampshire Street |
Lawrence |
KS |
66044 |
|
Wichita |
1715 Rock Rd & 13th Street |
Wichita |
KS |
67206 |
|
Louisville |
400 S. 4th Street |
Louisville |
KY |
40202 |
|
Louisville |
2520 S. Hurstborne Gem Lane |
Louisville |
KY |
40220 |
|
Metarie |
3131 Veterans Memorial Blvd. |
Metairie |
LA |
70002-6047 |
|
New Orleans |
3338 St. Charles Ave |
New Orleans |
LA |
70115 |
|
Boston |
511 Boylston Street |
Boston |
MA |
02116 |
|
Burlington |
Wayside Commons 6 Wayside Road, Space U |
Burlington |
MA |
01803 |
|
Holyoke |
Holyoke Mall 50 Holyoke St., Space J312 |
Holyoke |
MA |
01041 |
|
Hyannis |
990 Iyannough Road |
Hyannis |
MA |
02601 |
|
Peabody |
151 Andover Street |
Peabody |
MA |
01960 |
|
Wareham |
Wareham Crossing 2421 Cranberry Highway, Ste 460 |
Wareham |
MA |
02571 |
|
Bowie |
4420 Mitchellville Rd. |
Bowie |
MD |
20716 |
|
Kensington |
11301 Rockville Pike |
Kensington |
MD |
20895 |
|
Largo |
931 Capital Centre Blvd. |
Largo |
MD |
20774 |
|
Ann Arbor |
3527 Washtenaw Ave. |
Ann Arbor |
MI |
48104 |
|
Dearborn |
5601 Mercury Drive |
Dearborn |
MI |
48126 |
|
Grosse Pointe |
17141 Kercheval Avenue |
Grosse Pointe |
MI |
48230 |
|
Utica |
45290 Utica Park Boulevard |
Utica |
MI |
48315 |
|
Maple Grove |
12059 Elm Creek Blvd. |
Maple Grove |
MN |
55369 |
|
Minnetonka |
1501 Plymouth Road |
Minnetonka |
MN |
55305 |
|
Richfield |
800 W. 78th Street |
Richfield |
MN |
55423 |
|
St. Paul |
1390 W. University Avenue |
St. Paul |
MN |
55104 |
|
Ballwin |
15355-A Manchester Road |
Ballwin |
MO |
63011 |
|
Chesterfield |
2040 Chesterfield Mall |
Chesterfield |
MO |
63017 |
|
Kansas City |
8628 North Boardwalk Avenue |
Kansas City |
MO |
64154 |
|
Springfield |
3300 S. Glenstone Avenue |
Springfield |
MO |
65804 |
|
St. Joseph |
5201 North Belt Highway, Suite 127 |
St. Joseph |
MO |
64506 |
|
St. Peters |
1320 Mid Rivers Mall |
St. Peters |
MO |
63376 |
|
Bozeman |
2855 North 19th Avenue, Suite C |
Bozeman |
MT |
59718 |
|
Apex |
1541 Beaver Creek Commons Dr. Ste 220 |
Apex |
NC |
27502 |
|
Cary |
1751 Walnut Street |
Cary |
NC |
27511 |
|
Chapel Hill |
1807 Fordham Blvd. |
Chapel Hill |
NC |
27514 |
|
Greensboro |
3605 High Point Rd |
Greensboro |
NC |
27407 |
|
Raleigh |
404-101 East Six Forks Rd |
Raleigh |
NC |
27609 |
|
Nashua |
281 Daniel Webster Hwy. |
Nashua |
NH |
03060 |
|
Freehold |
Raceway Mall 3710 Route 9, Ste 2318 |
Freehold |
NJ |
07728 |
|
Ft. Lee |
1642 Schlosser Street |
Ft. Lee |
NJ |
07024 |
|
Paramus |
Garden State Plaza Suite 2200 |
Paramus |
NJ |
07652 |
|
Watchung |
1515 Route 22 West, Suite 02 |
Watchung |
NJ |
07069 |
|
Albuquerque |
10420 Coors Bypass NW, Suite B |
Albuquerque |
NM |
87114 |
|
Santa Fe |
500 Montezuma, Suite 108 |
Santa Fe |
NM |
87501 |
|
Las Vegas |
2323 S Decatur Boulevard |
Las Vegas |
NV |
89102 |
|
Commack |
68 Veterans Memorial Highway |
Commack |
NY |
11725 |
|
Ithaca |
40 Catherwood Road |
Ithaca |
NY |
14850 |
|
Manhattan |
576 Second Avenue |
Manhattan |
NY |
10016 |
|
New York |
100 Broadway |
New York |
NY |
10005 |
|
New York |
461 Park Ave. |
New York |
NY |
10022 |
|
Saratoga Springs |
395 Broadway |
Saratoga Springs |
NY |
12866 |
|
Scarsdale |
680 White Plains Road |
Scarsdale |
NY |
10583 |
|
Wappingers Falls |
1820 South Road, Suite 110 |
Wappingers Falls |
NY |
12590 |
|
Westbury |
1260 Old Country Road |
Westbury |
NY |
11590 |
|
Cincinnati |
9459 Colerain Avenue |
Cincinnati |
OH |
45251 |
|
Columbus |
4545 Kenny Road |
Columbus |
OH |
43220 |
|
Columbus |
6670 Sawmill Road |
Columbus |
OH |
43235 |
|
Dayton |
2700 Miamisburg Centerville Rd, Ste 870 |
Dayton |
OH |
45459 |
|
Mason |
5105 Deerfield Blvd |
Mason |
OH |
45040 |
|
Medina |
4927 Grande Shops Ave. |
Medina |
OH |
44256 |
|
Mentor |
9565 Mentor Avenue |
Mentor |
OH |
44060 |
|
Oklahoma City |
3209 Northwest Expressway |
Oklahoma City |
OK |
73112 |
|
Tulsa |
8015 S. Yale |
Tulsa |
OK |
74136 |
|
Camp Hill |
3515 Gettysburg Road |
Camp Hill |
PA |
17011 |
|
Erie |
2088A Interchange Rd |
Erie |
PA |
16509 |
|
King of Prussia |
650 Mall Blvd. |
King of Prussia |
PA |
19406 |
|
Langhorne |
2343 E. Lincoln Highway |
Langhorne |
PA |
19047 |
|
Monroeville |
200 Mall Blvd |
Monroeville |
PA |
15146 |
|
Pittsburgh |
5986 Penn Circles South Ste 101 |
Pittsburgh |
PA |
15206 |
|
Pittsburgh |
1775 North Highland Road |
Pittsburgh |
PA |
15241 |
|
Reading |
1075 Woodland Rd |
Reading |
PA |
19610 |
|
Whitehall |
1937 Whitehall Mall |
Whitehall |
PA |
18052 |
|
Carolina |
5891 Plaza Escorial |
Carolina |
PR |
00987-5001 |
|
Mayaguez |
Avenida Hostos 975, Suite 765 |
Mayaguez |
PR |
00680-1277 |
|
Franklin |
545 Cool Springs Blvd, Suite 190 |
Franklin |
TN |
37067 |
|
Austin |
9500 South IH 35 Service Rd. Southpark Meadows |
Austin |
TX |
78748 |
|
Austin |
4477 S. Lamar |
Austin |
TX |
78745 |
|
Austin |
3309 Esperanza Crossing |
Austin |
TX |
78758 |
|
Burleson |
1131 N. Burleson Blvd. |
Burleson |
TX |
76028 |
|
Colleyville |
5615 Colleyville Blvd, Ste 100 |
Colleyville |
TX |
76034 |
|
Dallas |
3600 McKinney Avenue |
Dallas |
TX |
75204 |
|
Dallas |
10720 Preston Road, Suite 1018 |
Dallas |
TX |
75230 |
|
Lewisville |
2403 S Stemmons, Suite 100 |
Lewisville |
TX |
75067 |
|
Mesquite |
2709 N.Mesquite Drive |
Mesquite |
TX |
75150 |
|
Plano |
1601 Preston Road, Suite J |
Plano |
TX |
75093-5101 |
|
Logan |
1050 North Main Street |
Logan |
UT |
84321 |
|
Murray |
132 E. Winchester |
Murray |
UT |
84107 |
|
Glen Allen |
9750 W Broad St |
Glen Allen |
VA |
23060 |
|
Newport News |
12300 Jefferson Ave, Suite 100 |
Newport News |
VA |
23602 |
|
Stafford |
1240 Stafford Market Place |
Stafford |
VA |
22556 |
|
Vienna |
8027 Leesburg Pike, Ste 100 |
Vienna |
VA |
22182 |
|
Winchester |
2420 S. Pleasant Valley Road |
Winchester |
VA |
22601 |
|
Gig Harbor |
4601 Point Fosdick Dr. NW |
Gig Harbor |
WA |
98335 |
|
Lynnwood |
3000 184th St. SW, Suite 910 |
Lynnwood |
WA |
98037 |
|
Fox Point |
8705 N. Port Washington |
Fox Point |
WI |
53217 |
|
Greendale |
5250 S. 76th Street |
Greendale |
WI |
53129 |
|
Madison |
3750 University Ave |
Madison |
WI |
53705 |
|
Milwaukee |
101 West Wisconsin Avenue |
Milwaukee |
WI |
53203 |
|
Co-Contacts: |
|
Richard L. Kaye |
|
Hilco Merchant Resources |
|
Office: 847-418-2711 |
|
Email: [email protected] |
|
Michael Burdeen |
|
Edelman Public Relations |
|
Office: 312-240-3152 |
|
Mobile: 847-601-1954 |
|
Email: [email protected] |
|
SOURCE Hilco Merchant Resources, LLC
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