BORDERS Books and Music Closes in the UK

Dec 24, 2009

BORDERS Books and Music Closes in the UK

MUSIC NEWS - Another music retailer fails; sadly the UK division (Glasgow, Scotland & 45 stores in Britain) of book, cd, and dvd retailer, Borders, shutdown this week after management was unable to find a buyer for the collapsing chain. A victim of the declining retail marketplace and drops in music/video sales, they've been running closing sales for several weeks.

Unfortunately, approximately 1,150 employees lost their jobs on December 24, 2009. The chain stopped taking orders on its website this Monday, and a several publishers, record companies and home entertainment divison had already stopped supplying the chain.

No comment from the Borders USA office was issued.

Posted in Books, CD Releases, Music Biz | Permalink

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