Borders articles


Amazon Brick-it After Times UK Spread The Mortar

Amazon Brick-it After Times UK Spread The Mortar

An interesting story has appeared over the weekend, reported in the business section of the Times UK, about secret plans by Amazon to launch brick and mortar retail outlets. Amazon have been extraordinarily quick to refute them through a Reuters report. “A spokesman for the group said it had no plans to open physical stores


Borders UK Stores To Close By Christmas

The 45 Borders stores in the UK will enter a final phase of closure in the four weeks of retail business leading up to Christmas. This is the final blow for their 1150 staff who have, until late last week, held some forlorn hope of the stores being taken over at local and regional levels.


Borders UK Formally Enters Financial Administration

Borders UK formally entered financial administration this afternoon with the appointment of MCR who will carry out a period of assessment before reporting to creditors. However, the 45 Border stores in the UK will continue to trade and its 1150 staff will be paid their wages. Some news networks jumped the gun a little early


Borders UK On the Brink of Collapse

According to reports in this weekend’s business section of the Times UK, Borders UK retail chain is on the brink of collapse following WH Smith withdrawing from rescue discussions with the book retailer. It is expected talks will continue this week with other perspective groups, but one of the main points of contention is that Borders is


Borders UK Launch Second-hand Book Sales

Borders UK have linked up in a partnership with Alibris Books to sell second-hand books through its online store. The new service is targeted at ‘cash-strapped’ customers and will provide access to hard-to-get, out-of-print and out-of-stock books. Borders UK are planning to offer up to nine million titles in an effort to provide their customers


Management Buyout Secures Borders UK Future

The not surprising news has broken late this afternoon that Borders UK has been sold in its entirety to a management led investment group headed by current Border’s Chief Executive, Philip Downer and Financial Director, Mark Little. The management group will be funded by Valco Capital Partners and should go a long way to securing


Borders UK Moving Closer To Complete Sale?

James Thompson is reporting in this morning’s Independent that struggling UK book retail chain Borders is in discussions with equity firm, Hilco, with the target being the aquisition of all 46 UK stores. Valco Capital, part of Hilco, intent maintaining the book retailer as a going concern. The aquisition would include Books Etc and Borders


Borders Closing Five Stores: Oxford St And Blanchardstown Included

Borders are closing five of its stores in the UK and Ireland. The stores closing include its flagship store on London’s Oxford Street and also its Irish store in Blanchardstown, Dublin. The other three stores closing are Colney, in London, Swindon and Llantrisant in Wales. Borders confirmed late on Monday, 13th July that all five