Warrensville Heights,
Ohio – Liquidation sales will
begin today at 27 former InkStop locations.
The 152-store ink and toner chain, which also carried digital cameras, GPS devices, MP3 players and
computer peripherals, shut its doors abruptly on Oct. 1 due to cash flow issues,
and later filed for Chapter 7 after an attempted restructuring failed.
A court-ordered fire
sale is being held in 27 stores in Atlanta,
Cleveland, Dallas, Denver, Detroit,
Philadelphia, St. Louis and Washington by
liquidators Solid Asset Solutions and Liquid Asset Partners.
“We truly feel for the employees and their families during this
holiday,” said Liquid Asset CEO Bill Melvin Jr. “These stores were closed in an
abrupt fashion, and we’re re-opening them quickly to try to save as much value
as possible for all involved.”
The bankruptcy court instructed the liquidators to continue the
sale until all inventory is sold. Stores will be open to the public from 10:00
a.m. to 7:00 p.m. Monday through Saturday and noon to 5:00 p.m. on Sundays. Store
locations can be found at
.
