16.02.2011 19:50 Uhr, Quelle: Engadget

Borders files for bankruptcy, plans to keep operating but close 30 percent of its stores

We heard the news was coming, and now it's official -- Borders, the second-biggest bookstore chain the U.S., has filed for bankruptcy. As expected, the company will continue to operate while it restructures, but it will hardly be the same company it once was. It's being forced to close around 200 (or 30 percent) of its stores, and it may need to close another 75 if it's not able to gain some concessions from landlords, according to Bloomberg. This is news on Engadget, of course, because Borders has also been trying to compete with Amazon

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