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Books-A-Million Makes Bid for Up To 35 Borders Stores

Books-A-Million has made a last-minute bid for up to 35 Borders stores today.  Publishers Marketplace news editor Sarah Weinman tweeted the store locations from the courtroom.

Bloomberg reported on the hearing: “Books-A-Million would likely buy inventory from the liquidators, led by Hilco Merchant Resources and Gordon Brothers Retail Partners LLC, and use a similar cost structure. The liquidators agreed to pay about 72 percent of the cost value of Borders’ inventory, which was estimated at $350 million to $395 million.”

At the same time, publishing professionals around the country rallied to support Borders employees. A new job-focused blog was launched “To Help ex-Borders employees find work, make rent, have food and survive.” Mediabistro.com’s Job Post also added a few job leads for bookstore employees.

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Personal Essay Writing: Master Class

Personal Essay Writing: Master ClassStarting October 21, work with the senior editor at Marie Claire magazine to polish and publish your essay! Whitney Joiner will help you to develop your voice, narrative, and identity, draft your pitch, and decide where to market your essay. Register now!