Submitted by intern
on
All 399 remaining Borders' bookstores will be closing starting this Friday after the company failed to find a buyer or any other alternative to liquidation. There are two stores in Vermont: one on Church Street in Burlington and one in the University Mall in South Burlington; there is also a Borders across the Connecticut river in West Lebanon and one in Keene, New Hampshire. All will close in the coming months.
According to a letter from the CEO of the company, Mike Edwards, Borders will honor all gift cards throughout the liquidation process. Members will also continue to receive their Borders Rewards Plus benefits and Borders Bucks will remain valid until they expire on July 31.
Source: Borders, 5-22-2011