The bankruptcy list continues to grow, with Borders the latest to fall. The second-biggest U.S. book chain announced it will close 200 stores immediately, with another 75 to follow if concessions aren’t won from landlords. Borders listed debt of $1.29 billion and assets of $1.28 billion as of December 25.
The 200 stores closing immediately include the following:
King of Prussia, PA
From Bloomberg: Borders Files for Bankruptcy, Will Close Some Stores