Sharper Image stores announced today that they are having a gadget sell off with discounts of 20% to 40% on everything in the store as all 86 of its stores across the country prepare to close down. Sharper Image stores filed for bankruptcy not too long ago.

It seems that the Sharper Image isn’t going out of business completely, but the store closings are called a major transformation of the Sharper Image brand. I would assume that means Sharper Image is going to a completely web based model.

The store closing program is being led by Hilco Merchant Resources and a few other companies. Michael Keefe, President of Hilco Merchant Resources stated, "This is an outstanding opportunity for consumers to realize unprecedented savings on a remarkable selection of products not to be found anywhere but in Sharper Image stores. This is sure to be a very popular sale, which will not last very long and comes at a perfect time for making Father's Day gift purchases."

Via Sharper Image