Friday, March 18, 2011

Borders closing 28 additional stores, making final count 228

Reuters: "Borders Group Inc is set to close another 28 of its superstores on top of the 200 locations it is already shutting down as part of its reorganization under bankruptcy protection. Those locations will close by the end of April and include stores in Hollywood, California, and Stamford, Connecticut. The closings will leave Borders with only half of its superstores. 'We reached the determination about these stores after a further review of their ongoing economic viability,' Borders spokeswoman Mary Davis said in a statement. ... "