Borders said it is losing about $2 million a day at the stores it plans to close. Cautious consumer spending, negotiations with vendors and a lack of liquidity made it clear Borders “does not have the ...

There will be no storybook ending for Borders. The 40-year-old book seller could start liquidating its 399 remaining stores as early as Friday. The Ann Arbor, Mich.-based chain, which helped pioneer ...

NEW YORK — There will be no storybook ending for Borders. The 40-year-old book seller could start shuttering its 399 remaining stores as early as Friday. The Ann Arbor, Mich.-based chain, which helped ...

Borders has filed Chapter 11 bankruptcy but says “business operations continue as normal,” in a statement posted on a new web page titled www.bordersreorganization.com. The statement reads: “In light ...

Steve Hancock is a science fiction kind of guy. Amazon employees have been told not to visit Missouri and Illinois without permission from their managers, a Wall Street Journal article says. The ...

Borders was slow to get the message as the big-box retailer lost book, music and video sales to the Internet and other competition. The result: It filed for Chapter 11 bankruptcy Wednesday and will ...