Borders to Keep 20 Waldenbooks Stores

By Jason Boog 

bordersbook23.jpgBorders anticipated closing around 200 Waldenbooks stores in January, but Daily Finance reported today that the company will save 20 of those stores.

Here’s more from the article: “Borders spokeswoman Mary Davis did not give a reason, commenting only that the decision to keep that store open had been made during the past few days. (When reached for comment, Davis told DailyFinance, ‘We are not disclosing the reasons why these stores will remain open, but look forward to continuing to serve the many customers who have shopped at these locations.’)”

Earlier this year, GalleyCat reported on the company’s plans for these stores. This week Borders (BGP) CEO Ron Marshall made headlines when he rejected the idea of building a reading device like his competitors at Barnes & Noble (BKS) and Amazon.com (AMZN).