July 18, 2011
News You Can Use about Borders - Part 5
Borders Group will close the remaining 399 stores and cut approximately 10,700 employees. Liquidation can begin as soon as this Friday. Borders is expected to go out of business by the end of September.
If you've kept up with my reporting of Borders, you know this is not a surprise. The writing's been on the wall and it was only a matter of time. Very sad news for bookhearts who frequent Borders stores. **slides down wall and hugs self**
Sources: Huffington Post and Media Bistro