Right near Lord & Taylor, this Borders is one of my favorite shops in Center City Philly. It is on three floors in a former theater/cinema, and so you'll notice a lot of detail and moulding, which just adds to the excitement of shopping here. They have a really good selection, and you can shop while watching the citylife outside. Pretty neat! What's kind of odd though is how the store has checkout on the first floor, a cafe on the second, and then the rest of it is on the top floor. Lot of stair walking just to get to most of it. But there is an elevator.
The prices aren't bad, really. They're about what I pay across the bridge in Jersey.