Borders will close 75 more stores
Wichita Business Journal – by Philadelphia Business Journal, Philadelphia Business Journal
Date: Monday, March 14, 2011, 11:52am CDT
Borders will close 75 stores on top of the 200 closings it had previously announced, according to a report. No word on whether any of its Philadelphia area sites are on the list.
The president of the Borders Group bookstore chain has said that the company will close an additional 75 stores on top of the 200 it previously announced would be shuttered, according to a report in the Detroit Free Press.
The chain announced it had filed for Chapter 11 bankruptcy on Feb. 16 and announced it would close roughly one-third of its stores nationwide, including one at 1715 Rock Road in Wichita. There was no word on which additional stores would be closed.
Borders has a second Wichita location in NewMarket Square, and so far, that store appears slated to remain open.