Borders Files For Bankruptcy, Will Close Some Stores

A Borders Group Inc. bookstore that closed last month stands in Farmington Hills, Michigan, U.S., on Wednesday, Feb. 16, 2011. Borders Group Inc., the number-two U.S. bookstore chain, filed for bankruptcy in New York today after management changes, job cuts and debt restructuring failed to make up for sagging book sales in the face of competition from Amazon.com Inc. and Wal-Mart Stores Inc. Photographer: Jeff Kowalsky/Bloomberg

Jeremy

Jeremy is an angry nerd who enjoys pretty music and sad stories. His gloomy flash fiction has been published in the e-zine Every Day Fiction, and he’s currently laboring over the final touches of a novel that would’ve been finished years ago if MMORPGs did not exist.

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