CG: Borders to Close Remaining Stores

July 18, 2011 - by NYC News Desk
Print Article Email Article


Borders - home to many events in its locations throughout the country - will close its remaining stores, according to published reports. 

This includes those in New York City, most notably the Columbus Circle location, which has featured innumerable theatre events. The bookstore has in its roster upcoming appearances from Jane Lynch and Jane Fonda; tomorrow the location will feature an appearance from the cast of the current Broadway run of HAIR.

Borders canceled a bankruptcy auction due to a lack of bids and will instead liquidate their assets. Its largest competing companies, Barnes & Noble and Amazon, are both creators of bestselling eReader devices - which was likely a factor in the slowing of Borders sales.

The process of liquidation will begin as early as this week, and is set to conclude by September and earn around $270 million. 

At this time, Borders has about 400 stores remaining in the United States.

Looking for Free Group Planning Services?

Get free advice on planning your group's trip to New York.

Type of Group:
Date of Trip:
Areas of Interest: Sightseeing Dining Theater Culture

Shopping Transportation

Group Size:

Enter the code: 7539


Fogo de Chão  Photos

Fogo de Chão

Fogo de Chão's first churrascaria (Brazilian steakhouse) in ...


Chicago Photos


Kander and Ebb's "musical vaudeville" in which Roxie Hart ga...


HBO Shop Photos

HBO Shop

An array of quality branded merchandise showcasing HBO's® aw...


Gray Line New York Sightseeing Photos

Gray Line New York Sightseeing

Enjoy the best prices for deluxe double decker, hop-on, hop-...


This Week in NYC

(10/20-10/27) Looking for what to do in New York? We've got the latest on all the goings-on in NYC, from concerts to museum exhibitions to comedy to the best in city sightseeing. Read on for our picks for the best of this week in New York City. click here