Regardless of its popularity among locals, the Borders Books and Music superstore at 6685 Poplar in Germantown is not among those that the Books-A-Million chain is seeking to acquire, so the superstore that opened in the fall of 1995 will close its doors in theing weeks.
Birmingham, Ala.-based Books-A-Million, which operates 231 locations — including Bookland and Books & Co. stores — has bid for 30 Borders sites. If the bid is approved, those stores will be transformed into Books-A-Million stores and that chain, with Borders’ exit, will be the nation’s second-largest bookstore chain.
Barnes & Noble, the nation’s largest bookstore retailer, operates 705 retail shops and 636 college bookstores across the country.
Liquidation of Borders’ inventory, with initial discounts of up to 40 percent off, began today.
In addition to books,pact discs and DVDs, officials with a liquidator for the chain confirmed that store fixtures and items from the coffee shops located inside some stores also will be for sale.
Corporate spokesperson Mary Davis at the chain’s Ann Arbor, Mich., headquarters indicated that the timeline for the local store remains unknown.
“There’s no specific closing date to share,” Davis replied in an e-mail “All stores will wind down by the end of September.”
Today, thepany announced that Borders gift cards will be honored during the closing sale and Borders Rewards Perks accounts — including WOWPoints — will be redeemable through OO. Next Jump, which operates the Borders rewards program and customers will be able to use the same the ID and password used for Borders Rewards Perks. The WOWPoints will transition in the next 30 days.
The store will continue to operate from 9 a.m. to 10 p.m. Mondays through Saturdays and from 11 a.m. to 7 p.m. on Sundays.
In a farewell e-mail sent to Borders Rewards members, CEO Mike Edwards wrote, “For decades, Borders stores have been destinations withinmunities — places where people have sought knowledge, entertainment and enlightenment and connected with others who share their passions. I feel privileged to have had the opportunity to lead Borders and play a role in the true and noble cause of expanding access to books and promoting the joy of reading.
“As apany, we cannot thank you enough for giving us the opportunity to serve you and the millions of other customers who have shopped our stores over the years. My sincerest hope is that we remain in the hearts of readers for years toe.”
Books-A-Million Inc., based in Birmingham, Ala., is offering to buy the leases and assets of the stores and keep them open.
Here’s a look at the locations that may stay open if the bid is approved. The two chains are still in talks.
CALIFORNIA: San Diego, Sand City
CONNECTICUT: Waterford
DELAWARE: Dover
OHIO: Canton
MAINE: Bangor, Portland
MARYLAND: Columbia, Hagerstown, Waldorf
NEW HAMPSHIRE: Concord, West Lebanon
NEW JERSEY: Mays Landing
NORTH CAROLINA: Southern Pines
OREGON: Eugene, Gresham, Salem
PENNSYLVANIA: Butler, Exton, Hanover, Monaca, Pennsdale, Selinsgrove, Scranton, York
SOUTH CAROLINA: Charleston
SOUTH DAKOTA: Rapid City
TEXAS: San Antonio
VIRGINIA: Woodbridge
WISCONSIN: Eau Claire
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