Bad news from Borders, with the UK version of the CD and book store announcing store closures:
Borders announced yesterday that leases for five stores, Blanchardstown in Dublin, Llantrisant, London Colney, Oxford Street, and Swindon have been sold to the fashion retailer, New Look. It is unclear when the stores will finally close or how many staff will be affected.
It's possibly a sign that Borders is planning to concentrate on its out-of-town locations by freeing up town centre leases that have other potential takers. Or possibly the first shutterings of a long, slow decline.