Borders Closing Brings Opportunity for Consumers and Wholesalers
Borders, the Michigan-based bookseller announced it will liquidate all its assets and close 399 stores since the offer from Najafi Cos. fell apart and there were no further offers. This is a great opportunity for consumers to discover which liquidation centers and closeouts dealers will pick up Borders’ inventory.
The company opened its first store in 1971 and helped pioneer the book superstore concept along with competitor Barnes & Noble. The book chain’s downfall was accelerated due to fierce competition by discounters and online booksellers, as well as the popularity of electronic books and e-readers like Kindle. At its peak in 2003, Borders had 1,249 stores including Waldenbooks.
A lot of Borders goods will be available through liquidation centers and closeouts dealers throughout Q3 and Q4 of this year for early Christmas shopping. Smart consumers will be on the lookout for these bargains in books, music and related goods.
Wholesale buyers can stock up for resale in flea markets, bargain bins and dollar stores. Visit the new TopTenWholesale.com for quick and easy sourcing as well as many new features.
You can also visit Manufacturer.com, WholesaleU and OffPriceNetwork for closeouts goods. Don’t forget, it’s time to shop for Christmas in July.
