Borders cancelled their planned liquidation sales of some dozens of stores, but the bookseller is preparing to close at least a couple of additional locations, and those landlords are challenging those plans in court. As we reported earlier, the manager of Borders Downtown Crossing store indicated that his location is preparing to close shortly (and was not dependent on the recent court motions). The landlord tells the court they did indeed agree to Borders requested extension to accept or reject their lease “on or about April 18.” Apparently Borders wants to proceed with closing a Borders Express in Key West […]
