A Borders store near me just closed after Christmas. Discounts on the sale/bargain books reached 70% off near the end of the sale. Almost all of the regular stock of books, cds, and dvds never went beyond 40% off. There were a few bargain cds and dvds that did qualify for the 70% off.
Signs posted at the store explained that any current books and the cds and dvds that did not sell at 40% off would be returned to the distributor. Magazines/periodicals were excluded from the sale.
Miscellaneous items like toys, cards, games, stationery, clothing, etc.,followed the same markdown schedule as the bargain books though there was limited selection after the 50% markdown. There were some great deals on Twilight items with Team Switzerland t-shirts eventually going for $1 and the Borders special edition Twilight movies selling for $10 (org. $40).