Borders Closing Five Stores: Oxford St And Blanchardstown Included

Borders are closing five of its stores in the UK and Ireland. The stores closing include its flagship store on London’s Oxford Street and also its Irish store in Blanchardstown, Dublin. The other three stores closing are Colney, in London, Swindon and Llantrisant in Wales.

Borders confirmed late on Monday, 13th July that all five stores will have large stock stock clearance sales in over the coming weeks and they have relayed some of their stock plans back to publishers in an emailed communication.

It is not known at this moment how many staff would be affected by the store closures or whether all staff can be moved to other operating stores. The dates of the closures have yet to be announced but all the leases have been sold on to a well-known fashion outlet. Clearwater Corporate Finance had been brought in by Borders management in the past few weeks to find additional investment in the company.

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