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Last day at downtown Borders store

Posted by Jeremy C. Fox  September 14, 2011 03:01 PM
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borders last day 1.jpg

(Jeremy C. Fox for Boston.com)

Signs outside the Downtown Crossing Borders store on Wednesday read “Last Day.”

Today was the final day of the nearly two-month liquidation sale at the Borders store in Downtown Crossing.

Shoppers picked over the last remaining paperback Western novels and “Twilight” movie posters Wednesday afternoon as store staff announced that everything left in the store — every CD, book, magazine, greeting card, and DVD — had been reduced to 25 cents.

The Ann Arbor, Mich.-based chain filed for Chapter 11 bankruptcy protection in February. On July 21, a bankruptcy judge approved a plan to liquidate its 399 stores, including 15 in Massachusetts, after a private equity firm’s $215 million bid fell apart amid objections from creditors.

The closure of the Downtown Crossing location, the largest Borders store in the nation, had already been announced in early June.

A director for the Clarendon Group, the owners of the building at the corner of Washington and School streets, said last month that the group hopes to find a “destination tenant that will generate foot traffic for the area weekdays, evenings, weekends.”

Email Jeremy C. Fox at jeremycfox@gmail.com.
Follow Jeremy C. Fox on Twitter: @jeremycfox.
Follow Downtown on Twitter: @DowntownUpdate.

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(Jeremy C. Fox for Boston.com)

Shoppers picked over the few remaining unsold items, now marked down to 25 cents.


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