The Borders at the Shops at Bishop Ranch officially closed its doors on Wednesday afternoon, after almost two months of closeout sales.
In February, Borders Group said it would close 12 Bay Area stores as part of the company's reorganization while in Chapter 11 bankruptcy. Borders' Pleasanton location has also closed.
"This decisive action will give Borders the opportunity to achieve a proper infusion of capital in order to have the opportunity to have the time to reorganize in order to reposition itself to be a successful business for the long term," said Borders Spokesman Jeremy Fielding.
Borders has been an anchor store in the shopping center, along with Target and Whole Foods, since 1999. It employed 36 people, some of whom worked till midnight boxing the remaining merchandise.
"Across these closing stores, we're trying to see if we can transfer impacted employees to other store locations when it makes sense for them and for the company," said Mary Davis, public relations manager for Borders Group. Employees did not get severance pay.
The San Ramon store is part of Borders' initial 200 location closings and 25 additional stores are scheduled to close by the end of May. Davis said those closures are the result of failed lease negotiations.
Kenyon Barstow, the company that manages the Shops at Bishop Ranch, did not return calls about future tenants.