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Borders closing 28 more stores, paying vendors COD

from Reuters

Borders Group Inc. is set to close another 28 of its superstores on top of the 200 locations it is already shutting down as part of its reorganization under bankruptcy protection. Those locations will close by the end of April and include stores in Hollywood, Calif., and Stamford, Conn. The closings will leave Borders with only half of its superstores. more

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