Borders retreats from Britain to concentrate on US book chain | News | Guardian Unlimited Books
I am distraught at this news:
'Borders, the US book chain, said yesterday it planned to withdraw from Britain, underlining the dire state of book retailing on the high street.
The group said it had hired the investment bank Merrill Lynch to explore alternatives for its 71 stores in the UK. It also plans to get rid of its businesses in Ireland, Australia and New Zealand. The announcement follows HMV's decision last week to close 30 of its Waterstone's book chain.'
Here's hoping for a great MBO so that I can still divert to look at craft porn when I'm anywhere near Fosse Park