Borders Closes Remaining Stores

Borders Group Inc. will be liquidated

Borders Group Inc. has been closing stores recently. Today it is reported that Borders has decided to close its remaining 399 stores—including the 20 or so they still had in the Philadelphia region. Borders Inc. thinks that the liquidation process could begin this week and that the should be out of business for good sometime this fall. The End. [WSJ]

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