Final page for Borders as books chain sells off stock

Everything must go: Borders
12 April 2012

Borders has launched a "countdown to closure" fire sale to clear its stock before Christmas after the bookshop chain went into administration.

Signs have gone up at its 14 stores inviting offers on everything including fixtures and fittings and even the piano at the Charing Cross Road branch.

More than 1,000 jobs are expected to go after administrators were unable to find a buyer for the company, launched only a decade ago.

Borders made a pre-tax loss of £13.6million last year, losing trade to online retailers such as Amazon and to the encroaching market share of Tesco.

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