Originally Posted by
kipper
I would guess that they'll either liquidate the inventory in those stores or will simply ship it to the remaining stores. They might opt to do a combination of both. That said, if they liquidate inventory, realize that chances are they won't accept coupons, they won't participate in the rewards program, so you won't receive credit for your purchase, and they probably will not accept gift cards as a form of payment.
You can find a list of the stores they plan to close at
http://www.bordersreorganization.com...osure_List.pdf
Besides those two possibilities there is the return-it-to-the-publisher one. I don't know the details of the arrangements between booksellers and publishers, but I know that the former does not take all the risk that books, especially new fiction, will sell. So, I expect a combo of in-store sales, ship to remaining stores, and return to publisher.
Not sure what you mean by "won't accept coupons." They will have no choice but to discount from publisher's price, and for that purpose they will almost certainly be putting out 30%, 40%, 50%, etc. coupons. No? Perhaps they will have in-store pricing too, so not everything storewide subject to same flat discount. All speculation on my part to be sure, but how many ways can they go about it?
Will go look at that website for more info, in particular if they say when the stores will close. I'm sure that small booksellers, that is those who have survived this long, won't mourn for the closed stores. Of courses, there are still a good many remaining Borders stores for them to compete with, plus all the B&N stores, and the huge monster that is Amazon. Property owners will, of course, take huge hits not only on the closing stores, but on the remaining ones because they will be looking at renegotiated leases at lower rates.