And yes, in case you haven heard... Borders is going to be in for a change..
Borders Group is preparing to file for bankruptcy protection as early as Monday or Tuesday, reported Deal Journal colleagues Mike Spector and Jeff Trachtenberg, as the struggling bookstore chain tries to put its financial house in orde
As part of its plans to cut costs, Borders also is expected to close 200 stores, with an option to close 50 more, according to our Journal colleagues. That means a big box store near you may be having going-out-of business sales. It also means potentially thousands of Borders employees may lose their jobs, the Journal reported.
Wonder how that will affect the Singapore outlets... maybe a clearance sale while they restructure?... must say that I rarely visit the stores these days with e-readers and services like BookDepository... but yeah... Wheelock place will never be the same again =/
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