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Borders Is Dead, Long Live Borders

By Gotty™ / 07.18.11

After hanging on for dear life as long as it could, once the world’s coolest bookstore Borders announced today that it will be liquidating and shuttering all remaining stores. Borders filed for bankruptcy in February and had already closed about 200 stores to date. Today’s announcement means the 10,700 people who still work for Borders will lose their jobs.

It’s all on you, Barnes & Noble and Amazon.

[WSJ]


TAGSBordersChapter 11 BankruptcyDigital NewsEVERYTHING ELSEHEADLINESSMOKE BREAKSpotlight

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