Borders Liquidation = Cheap Assets

Borders has been going out of business for a while, but until last weekend I hadn’t stepped foot in one of the going-out-of-business-stores. The one in Minneapolis is two floors and almost empty. While it’s sad and a little scary for people in the publishing biz to see such a huge brick-and-mortar store go down, it was also a little fun to browse the massive sales.

I bought a book normally $50 for $5, and this weekend I plan on visiting the nearest store in New Jersey to purchase one of the beautiful bookshelves. Ever since I raided Random House, my basement floor has been covered with ~850 books. But Borders is selling everything–including desks, bookshelves, magazine stands, and basically anything and everything in its stores–for low prices. All the furniture in Minneapolis was between $50-175. Each store is different, so New Jersey may be more expensive, but will probably still be a bargain.

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