Beverly Not Ready to Let Borders Go
As Borders liquidation begins, hundreds rally to keep their store open
Borders Group, a chain of 674 bookstores, including this one in Glen Mills, Pa., may file for bankruptcy reorganization as early as Monday or Tuesday, according to a report in the Wall Street Journal, Friday, Feb. 11, 2011. (AP Photo/Henny Ray Abrams)
Updated at 3:24 PM CST on Friday, Mar 4, 2011
As Borders begins to liquidate merchandise Saturday at 16 locations in the Chicago area, efforts to keep local stores open are growing, especially in Chicago's Beverly community.
Borders announced Wednesday it filed bankruptcy and will close about 200 stores across the country in the next few weeks.
But members of an ad hoc group in Beverly aren't letting their location of the books-and-music chain go so easily. The group launched a Facebook page requesting Borders keep the location at 2210 W. 95th St. open, claiming it's the "anchor of the community."
More than 700 people joined a different Facebook group started by the Beverly Area Planning Association, called Keep the Beverly Borders Bookstore Open, The Southtown Star reports
Borders sent a "store closing" flier via email to customers of the Beverly location announcing 20 - 40 percent off of everything in the store beginning Saturday. "Everything must go," the flier announced.
“People here like to read. Our 2009 housing survey found that 90 percent of homebuyers had a bachelor’s degree or more,” Matt Walsh, executive director of the Beverly Area Planning Association said.