Are there going to be fire sales or closing down sales?
Absolutely! Some Borders bookstores have already started their closing down/clearance sales, and there will probably be lots of bargains to be had as all the stock must go. However, the stock can also be returned to publishers and distributors, so it is unlikely that very popular books will be severely discounted, but the discount will probably be in the region of up to 70% off RRP. Books Etc stores, which are owned by Borders UK, have already been having their closing down sales for weeks now. The London Insider recommends making a trip down to a Borders or Books Etc store to see if you can pick up any book bargains for Christmas presents.
Borders Bookstores in the UK have gone into administration, as they were making huge losses and simply run out of money to pay their suppliers and staff wages. The past week has seen the Borders management team scramble to find a solution or a buyer for the company, but today they were forced to finally call in the bankruptcy accountants, MCR.
Where are the Borders stores in London?
The following is a list of Borders bookstores in London and their addresses:
N1 Centre Islington, 26 Parkfield Street, Islington, London, N1 0PS
122 Charing Cross Rd, London, WC2H 0JR
203 Oxford St, London, W1D 2LE
Fulham Broadway Retail Centre, Fulham Road, London, SW6 1BW