Borders Bookstores Is Closing – Bittersweet News For Indy Booksellers?
Jul 19
After not being able to find a last-minute savior, the Borders Group will begin closing its remaining 399 stores as soon as Friday, and the liquidation is expected to run through September. To be honest, this might not be the worst news for communities, as a 2002 study showed that for every $100 spent at a local Borders, only $13 stayed in the community (vs. $45/$100...
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