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Borders stores that are closing

I am not sure if everyone has seen in the news today but Borders Books is filing Chapter 11 and closing 200 of their stores. The closing of these stores was part of the financing agreement they made with GE Capital. 

http://dealbook.nytimes.com/2011/02/16/borders-files-for-bankruptcy/?hp (sorry its not clicky)

This makes me extremely sad. I worked for the company for 4 years and really did enjoy it, well until they laid me off while I was on maternity leave BUT aside from that I love Borders. A good majority of the stores that are closing in MA and NH are stores that I have worked at and still have friends that are employed there.

I am ready for the economy to turn around now. Its just sad that so many people are losing their jobs AGAIN.

 

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Re: Borders stores that are closing

  • I hear that, and I find it really BS that reputable outlets are reporting that the recession ended... that's crap. When AOL can buy out Huffington Post and one of the countries largest book chains goes kaput, it's nowhere near over.
  • That is so sad!  The store in my area is closing and of course it is the only Borders close by.  I love Borders...
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  • This is so sad!

     I know they weren't doing well b/c at the end of the year they closed their 4 story store on Michigan Avenue....but now I see they're closing the store closest to me and also ALL of the stores I used to go to when I was in school in Milwaukee. It's awful!

  • I am a Barnes and Noble girl but only because there is one within walking distance to the apt.   Where did it say which are closing?

     

    Edit:  Obviously I can't read and missed the stores closing list.  The one in my city is closing.  The only in my old city in MA will be staying open for now. 

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  • Just heard on the news, ours is closing, too. Kinda sucks, as I could pick up books on my way home from work, but I'm more of a Barnes and Noble gal, and that's closer to home.
  • my new pastor was pretty high up in Borders until January when he and the VP he worked for were laid off...luckily for him he was offered the pastor position within a couple weeks...
    "I said what I meant and I meant what I said, an elephant's faithful 100%" Dr. Seuss, Horton Hatches The Egg. My Ovulation Chart Ttc buddies with LexiMS!
  • Uh! So sad. I love Border's and B&N. Luckily the one closest to me is staying open for now
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