Borders filed its monthly report with the bankruptcy court, revealing that it lost $328 million in the month of July, a new record for the liquidating chain (see “Bye Bye Borders”).  The losses came primarily from writing down the value of the company’s inventory and its long-lived assets.  The company had sales of $94.7 million in July. 

Borders had $114.5 million in cash and $208.5 million in inventory at the end of the month.