Borders, Bookstore | featured news

The saying goes that when God closes a door, he opens a window. So when the Borders bookstore chain — the nation’s second-largest — finishes closing all of its stores this month, Christian retailers see a window of opportunity in the death of a mega-competitor that once threatened to put them out of business.

Talks to save a few dozen Borders Group stores collapsed, increasing the odds those 30 outlets will meet their demise along with the rest of the chain of nearly 400 bookstores.

Borders Group is beginning liquidation sales at all of its 399 stores A liquidation company that is part of the process said late Thursday that the sales will be held starting Friday...

Publishers turned aggressive about selling to Kitson, Mr. Ross said, as traditional bookstores switched focus or closed. That "has been good for us," he said. "If there's a good book, we'll go deep into it." And publishers, he said, "realize what a specialty store can do for their business, with the window and the table."

Borders Group launched an e-bookstore powered by Kobo Inc., the Canadian e-book retailer in which Borders owns an investment stake.