Center City Borders Will Close

Guess it was only a matter of time

Although Borders has had the bankruptcy blues for a while now, somehow the Broad Street outlet was looking like it would escape the ax. But the bookstore chain has finally announced the demise of its Center City location. Look for the fire sale soon; shuttering is scheduled for May. [Business Journal] The Scoop’s question: What should go into the hot-property space? Hopefully, not a Red Lobster.