FLINT TWP. — This week’s announcement that Borders book chain is closing, including its store at 4135 Miller Road, will shelve many local events and activities, especially those for children, frequently held at the store.
A calendar of events listed on the store’s website includes a Boys & Girls Club Book Drive scheduled to end Aug. 1.
Since June 10, Borders’ customers have donated 500 books to the Boys & Girls Club of Greater Flint for use in their literacy and summer reading programs, said Sarah Pinder, B &G Club development director.
But it looks like there won’t a happy ending for the 40-year-old Borders chain which entered Chapter 11 bankruptcy reorganization in February but apparently failed in its bid to attract new investors.
On Monday, the Ann Arbor-based chain announced its intent to seek court approval for a plan to sell its assets to Hilco and Gordon Brothers for liquidation.
Borders began with a single store founded in 1971 and had grown to 642 stores when in filed for Chapter 11. Several stores were closed then.
Borders remaining 399 stores will likely close by the end of September after a phased liquidation rollout that could begin as early as Friday at some stores, according to the latest announcement.
Mary Davis, a Borders spokesperson, said the Flint Township store has 27 employees. The store’s closing date will depend on how soon merchandise is liquidated, she said. Corporatewide Borders has about 10,700 employees.
“For decades, Borders stores have been destinations within our communities, places where people have sought knowledge, entertainment and enlightenment and connected with others who share their passion,’’ said Mike Edwards, Borders Group President, in a press release.
“Following the best efforts of all parties, we are saddened by this development,’’ Edwards said. “We were all working hard towards a different outcome but the headwinds we have been facing for quite some time, including the rapidly changing book industry, eReader revolution and turbulent economy have brought us to where we are now.’’
Borders opened its Flint Township store in November 1996 and quickly established itself as a community gathering spot for Open Mic nights, poetry readings, book signings, Harry Potter parties and many other events.
All scheduled store events have been canceled.