Who reads books anymore anyway?
"Downtown Crossing Borders to close" June 10, 2011|By Kaivan Mangouri, Globe Correspondent
The troubled Borders Group bookstore chain is closing its Downtown Crossing location as early as August, leaving a big, empty storefront in the heart of the city....
And yet we are told how great is the economy.
The state closures are among at least 220 Borders store closings nationwide this year. The retailer has struggled with weak customer spending and a lack of liquidity. In recent years, the chain overextended itself domestically and internationally and failed to reinvent itself quickly or dramatically enough to cope with industry changes....
Kind of like newspapers?
The closure comes as the city tries to revitalize the shopping district, which has become an eyesore after construction stopped nearly three years ago on the redevelopment of the former Filene’s department store site....
Related: Faneuil Hall shops deal rejected
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Also see: Borders closing store in Swampscott Mall
