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Closing the book on Borders

 

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.

Comments

Like this comment
Posted by Chuck
a resident of another community
on Apr 24, 2011 at 8:00 pm

Remember when this portion of the shopping center was constructed the potential tenant was going to be Mervyns. As part of a Dayton-Hudson combo shopping center as they owned both Target and Mervyn's at the time.


Like this comment
Posted by Derek
a resident of Danville
on Apr 25, 2011 at 3:24 pm

Pretty soon Amazon, Costco, and Walmart won't have to feature discount pricing because they will be the only thing left. We're destroying business diversity by patronizing these entities. I just hope Rakestraw and Barnes & Noble (Walnut Creek) can hold out. What I really hate is having to drive all the way to Berkeley to find a good music store.


Like this comment
Posted by Kathy
a resident of Danville
on Apr 26, 2011 at 10:16 am

If you are looking for a nice bookstore you should check out read. in Blackhawk Plaza. It is a great store with a very wonderful staff.


Like this comment
Posted by Petey3
a resident of Danville
on Apr 27, 2011 at 8:48 am

Check out READ in the Blackhawk Plaza


Sorry, but further commenting on this topic has been closed.

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