Borders will begin their liquidation sales on February 19, 2011. There will be discounted prices at the Borders stores that are closing due to the bankruptcy.
The bookstore Borders declared chapter 11 bankruptcy on February 16, 2011, and the company's liquidation sales are scheduled to begin on Saturday, February 19, 2011. Although the Borders online bookshop is continuing to operate, 200 Borders store will be closed as part of the bankruptcy agreement. Borders will still honor gift certificates and give Borders Reward program points during the sale. The ebook side of Borders is not affected by the bankruptcy because that is through the online store, which will remain open.