.

White Flint Borders Slated to Close

Borders Books and Music filed for Chapter 11 bankruptcy reorganization.

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.

nana anna February 13, 2012 at 03:46 PM
Used to work here and the manager was a complete witch. Still feel sad! I liked my fellow cashiers. The booksellers and management were snotty. Barnes and Noble is a much better place to work - Borders is a very punitive work environment, very militaristic in its view of employees, and very hierarchical. Maybe you wouldn't have closed if you treated your employees better, babes?

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something