Add Comment

Borders Bankruptcy: Long Island Borders Stores Closing


Two Long Island Borders stores will be closing following a bankruptcy announcement by the company on Wednesday.

The Borders in Commack on Veteran’s Highway and the Borders in Westbury on Old Country Road are two of 200 Borders locations closing across the country.

The stores chosen to be closed were those who are not doing well financially.


advertisement

Borders has more than 600 store locations and the 200 closings reflect a 30 percent cut.

According to the bankruptcy filing, Borders has debt in the amount of $1.29 billion. The company’s assets were listed as $1.28 billion.

View a complete list of Borders store closings here.

More articles filed under Long Island News,News

Tags:

Leave a Comment

Please use the comment box below for general comments, but if you feel we have made a mistake, typo, or egregious error, let us know about it. Click here to "call us out." We're happy to listen to your concerns.