News: Borders is closing 30% of its stores

Bad news for the book world may be good news for your wallet.  With Borders filing for a limited bankruptcy, 30% of its stores will be closing its its doors some of which may be near you (I will skip the obvious "final chapter" references).  They are expected to have sales on all inventory with discounts ranging from 20-40% standard retail pricing.  Naturally, this will not be good news for the 6000 employees now without jobs, but hopefully this will allow Borders to recover and become more competitive with its big brother Barnes & Noble.