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Borders is Closing Stores in 35 States and Puerto Rico

CHICAGO, Illinois – February 17, 2011 – Under authority of the U.S. Bankruptcy Court, store closing sales are being conducted at 200 Borders book stores in 35 states and Puerto Rico. Over $350 Million of inventory including books, magazines, music, movies calendars, posters and more will be liquidated.

Discounts are offered on merchandise at every closing location. Consumers benefit from significant savings on the entire stock of books including new releases, best sellers, text books, rare and collectible books, as well as children’s books. In addition, substantial price reductions can be found on thousands of CDs, DVDs, calendars, posters, puzzles, and much more.

Borders Rewards programs, including Borders Rewards Plus, remain in effect. Customers can continue to earn and redeem Rewards in all stores. Gift cards continue to be honored as usual.

SB Capital Group is part of a joint venture chosen to manage the liquidation of inventory and store fixtures in the 200 closing stores.