store closure

The Borders bookstore at Pennsylvania Plaza - New York, NY - Jul 22, 2011 (credit: Jared Max for CBSNewYork.com)

Last Borders Shoppers Wistful, Looking For Deals

Borders, an Ann Arbor, Mich.-based chain that pioneered the big-box bookselling concept and grew to 1,249 stores at its peak in 2003, will cease to exist by the end of the day on Sunday. It’s a victim of a shift in the industry brought on by customers who’d much rather read their favorite titles on an electronic book or tablet computer than turn the page on a paperback.

09/18/2011