Borders UK to Close

Borders UK will close all 45 of its Borders and Books Etc stores on December 22, 2009, unless a buyer for the chain is found. The troubled company’s administrator, restructuring specialist MCR, said that while it is in “advanced stages of negotiations with a number of parties” about purchasing certain stores or assets, no deal has yet been made. If the chain closes, 1,150 employees will lose their jobs on … Continue reading Borders UK to Close