Closing More Borders

CLOSING MORE BORDERS Liquidators are already bidding to run going-out-of-business sales for as many as 200 Borders and Waldenbooks bookstores nationwide, ahead of an expected bankruptcy filing from the book retailer that could come as early as Monday, reports the WSJ’s Mike Spector. Closings of an additional 50 of the chain’s total 674 stores could come later, according to sources who spoke to Spector and reporter Jeffrey Trachtenberg. There are 7 remaining Borders locations in the Houston area — in the Galleria, Meyerland Plaza, on Kirby at West Alabama, in Bush Intercontinental Airport, in the Baybrook Mall, at Fountains on the Lake in Stafford, and in the Market Place Shopping Center in The Woodlands. The company closed its locations in the Willowbrook Mall, in Houston Center, in the Northwest Mall, and at Westheimer near Gessner early last year. [Wall Street Journal; previously on Swamplot]

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