Borders (UK) Ltd.
Borders (UK) Ltd. was established as a Borders Group subsidiary in 1998 and in 2007 became independent of the US company. At its peak after separation from the US parent, it traded from its 41 Borders and 28 BOOKS etc. shops, with over one million square feet of retail space taking around 8% of the retail bookselling market. In 2008 and 2009 the store numbers were reduced before the collapse of the chain. They also operated one single branch in the Republic of Ireland, but closed this early in 2009. On 26 November 2009 it was announced that Borders (UK) had gone into administration. All stores closed on 22 December 2009.A typical Borders shop in the UK contained both a Paperchase stationery and Starbucks cafe concession.
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Concerns over Amazon's power underlie plan to create £2. 6bn super-publisher – yet industry is relatively healthy.
UK bookstore chain Waterstones announced today that it’s partnering with Amazon to sell the Kindle in its 294 stores starting this fall.
And so it ends. Borders, whichwent bankrupt and announced plans to close hundreds of stores last February, is going to finish the job. Hilco Consumer Capital and Gordon Brothers arebuying what’s left of the chain, and plan to liquidate the 399 remaining stores and lay off 11,000 employees. (The companies specialize in buying up once-mighty brands: they also acquiredPolaroidand The Sharper Image.
London magazine Smoke is pausing for 'a rethink' after bookshop closures undermined its distribution. A sign of the times?.