News
Borders to Shut DownBorders Group Inc. said it would liquidate after the second-largest US bookstore chain failed to receive any offers to save it. Borders, which employs about 10700 people, scrapped a bankruptcy-court auction ... read more
Book Chain Borders Will Likely Shut Its Doors This Week
In what could be a boon to competitors Amazon and Barnes & Noble, Borders, the book chain, may close its doors for good this week. The Wall Street Journal reports that a bankruptcy auction is scheduled for the chain on Tuesday after the deadline for ... read more
Gordon Brothers unit to handle Borders liquidation
By Herald Staff A unit of Boston-based retail liquidator Gordon Brothers Group has been hired to dispose of bankrupt Borders Group's real estate. DJM Realty said the bookseller retained the Melville, NY, company to line up bidders for 259 leases that ... read more