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Business News HMV Timeline Retail
Borders is no more
By CMU Editorial | Published on Wednesday 23 December 2009
The UK version of CD and books seller Borders finally closed its doors yesterday after administrators failed to find a buyer for the collapsing retailer.
I went to the Islington branch on Saturday with the closing down sale in full swing. It was depressing. I always liked Borders. It always seemed like one of the more sophisticated shopping experiences. On Saturday it had been transformed into a glorified pound shop where the fittings were selling as fast as the books and records. Still, I got sixty quid’s worth of books for twenty pounds. So not all bad news.
Bad news for the former retail chain’s staff though, who are out of work as of tomorrow. Such a shame.