US bookstore chain Borders announced that it has filed for bankruptcy protection from its creditors so that it can reorganise and re-emerge as "a stronger and more vibrant book seller." "It has become ...
Bookseller Borders, which helped pioneer superstores that put countless mom-and-pop bookshops out of business, filed for bankruptcy protection Wednesday, sunk by crushing debt and sluggishness in ...
The 40-year-old company plans to close about 200 of its 642 stores over the next few weeks. All of the stores closed will be superstores, Borders spokeswoman Mary Davis said. The company also operates ...