Borders inches closer to bankruptcy liquidation of Methuen and Salem stores

The Borders bookstore chain got a lot closer to bankruptcy liquidation over the weekend, as no bidders emerged by the bankruptcy court’s deadline.

This probably means the eventual shuttering of the Methuen store at the Loop, and the mini-outlet in the Mall at Rockingham Park in Salem, N.H., due to the bankruptcy. There could be some big sales there soon, but I’ll be sad to see them go.

Last minute negotiations with the Alabama based Books-A-Million chain apparently fell through late Sunday.

 

By Doug Beaton

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