This morning, filed for Chapter 11 bankruptcy reorganization, which means that many locations—including Kensington—will close.
"Borders has identified certain underperforming stores — equivalent to approximately 30 percent of the company’s national store network — that are expected to close in the next several weeks," according to a press release detailing future plans for the store.
The bankruptcy will help with Borders business strategy to reposition itself
successfully for the long term, according to the release.
With the closure of the book store, which is located on the second and third floor of , the nearest in Silver Spring.
Kensington Patch will continue to follow this story as more information is released.