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Tuesday, July 19, 2011

Borders Liquidates: 10,700 Jobs Lost

NEW YORK (CNNMoney) -- Borders Group will liquidate its remaining assets after efforts to find a buyer fell through, the bookstore chain announced Monday.

The nation's second largest book seller, which filed for bankruptcy protection earlier this year, currently operates 399 stores and employs approximately 10,700 workers.

4 comments:

Anonymous said...

Sure glad we are in the summer of recovery. Oh sorry. I forgot that was last summer

Anonymous said...

Obama is enjoying every bit of this failed economy after all its exactly what our Failure in Chief has worked so hard to accomplish. Great job Obamie

Anonymous said...

Never could understand why so many people voted for this geek! Agree 442PM.....Definately a Failure in Chief.

Anonymous said...

It must be George Bush's fault.