Liquidators Ferrier Hodgson have announced they haven’t been able to find a buyer for Borders and so the remaining bookstores, including the ones in Canberra, will close.
A total of 315 staff will be affected by the closures, which will take place over the next six to eight weeks.
The final Borders stores will close on July 17, but others may close sooner dependent on the sellthrough of remaining stock.
The Administrator, Mr John Melluish, said the stores are closing because no buyers had emerged for the Borders outlets.
As a lover of books it always seemed that while Borders (and Angus and Robertson for that matter) might have had a lot of books, but they didn’t do a great job of pointing the reader to the best books.