Borders files for Chapter 11, will close approximately 200 Borders superstores nationwide in April.
The company said it is still serving customers, including honoring its Borders Rewards program, gift cards and other customer programs.
Borders is a national presence, and its extensive network of remaining stores as well as
Borders.com, will continue to run in normal course. The company emphasized the closings were a reflection of economic conditions, cost structures and viability of locations, among other factors, and not on the dedication and productivity of the workforce in these stores.
Reorganization Closure List is in PDF
3 comments:
It saddens me when brick and mortar stores have such widespread closures!
I feel conflicted over this--I'm so sad about our Borders closing, but kind of excited to take advantage of all the deals. Sigh.
Thank you so much for linking up with Type A Thursday! I'm now following you and we hope you'll be back again next week. :)
Thanks for sharing this - I didn't know. Is a sign of the times. Have to admit that after I lost my job the first thing to go was buying books instead of checking them out at the library and even though I have a job now, still just stick to necessities as you never know when the next cut will come and be looking again.
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