borders closing
And the story is entering its final chapter this summer, with the Borders Group retreating from the Wolf Road corridor, leaving Barnes & Noble to dominate the area it first settled in 1993. [1]
DETROIT (AP) ‘ Book retailer Borders Group (BGP) said Thursday that it would close nearly half of its Waldenbooks stores, weigh options for its international units and start selling books through its own website. [2]
The Borders bookstore in downtown Minneapolis will close Feb. 2, vacating space in the Block E retail complex that it has tried to sublease for the past year. [3]
After 13 years in Gaithersburg, bookstore operator Borders Group is closing its Borders Books and Music store at Gaithersburg Square, a spokeswoman said Dec. 10. [4]
Nico Holthaus, a longtime Tempe filmmaker, said he recalled the 2001 opening of Borders bookstore on Mill Avenue as a symbol of a changing downtown Tempe. [5]
The store at 6th Street and Hennepin Avenue S. has been an “underperforming outlet,” according to Kolleen O’Meara, spokeswoman for Borders Group Inc. based in Ann Arbor, Mich. [3]
The closing threatens to leave the western end of Wolf Road with two vacant big-box stores, including the 30,000-square-foot building B&N abandoned last November. [1]
The books and music store at University Drive and Mill Avenue is expected to shut its doors in January. [6]
Same-store sales, or sales at stores open at least one year, fell 2.8% at the company’s domestic Borders Superstores. [2]
The closing threatens to leave the western end of Wolf Road with two vacant big box stores, including the 30,000-square-foot building B&N abandoned last November. [...] The closing will come 10 months after B&N relocated across the road to a newly constructed 33,000-square-foot space at the Colonie Center ‘ putting it even closer to Borders. [7]
While Tempeans have lamented the “corporatization” of Mill, last week they noticed that the economic slump may have spurred an unexpected opportunity to revive independent business downtown. [5]
Comparable store sales for Borders superstores decreased by 12.8 percent in the third quarter. [4]
With the notice of Borders closing, many Tempeans are recalling the ‘old’ Mill Avenue and positing on what will replace the prime Border spot at Seventh Street and Mill. [5]
Borders has several other store locations in the Valley, including the Biltmore and Paradise Valley Mall areas of Phoenix, and stores in Chandler, Mesa, Scottsdale and north Glendale. [6]
Sources:
[1] Borders to close store on Wolf Road
[2] Borders to close some Waldenbooks stores, redo website, more - USATODAY.com
[3] Borders closing a blow to Block E
[4] Gaithersburg Borders closing
[5] Some see revival of old Mill Avenue in Borders closing
[6] Mill Avenue Borders bookstore to close - Phoenix Business Journal:
[7] Borders to close Wolf Road store