Borders To Close Remaining Stores

Source: MSNBC. Borders, unable to find a seller willing to get it out of bankruptcy, plans to close its remaining 399 stores and go out of business by the end of September. "Following the best efforts of all parties, we are saddened by this development," Borders Group President Mike Edwards said in a written statement late Monday. "We were all working hard towards a different outcome, but the headwinds we have been facing for quite some time, including the rapidly [...]