Hobart Borders to close as company files for bankruptcy

Borders is closing about 200 of its 642 stores over the next few weeks, including its Hobart store at Westfield Southlake mall, shown here, after filing for bankruptcy Wednesday. (Photograph by John J. Watkins, File/The Times.)
Borders is closing about 200 of its 642 stores in the next few weeks, including its Hobart location, after filing for bankruptcy Wednesday.
The Borders location at Westfield Southlake mall in Hobart is among those slated to close, according to a list posted on the company website.
“As part of the filing, Borders plans to take a store reduction program, which this store is a part of,” company spokesman Donald Cutler said.
The company took into account economic conditions, cost structures and each location’s viability when it was deciding which stores to close, Cutler said.
The bookseller has struggled with crushing debt and sluggishness in adapting to a rapidly changing industry.
“We do appreciate the loyalty of our customers over the years and look forward to welcoming them into the stores that remain part of the community in general and also online at Borders.com,” he said.
“Over the next several weeks, (the closings) will take place, and customers can continue to use their gift cards and coupons as usual in all the stores.”
Shoppers at the Hobart Borders were surprised Wednesday when they learned of its impending closure, which comes just a few months after another major bookseller, Barnes & Noble, closed its doors across the street in Hobart.
Brian McGue, of Chesterton, said he was surprised because “bookstores always seem busy.”
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