Two Long Island Borders may close as the bookstore chain struggles with curbing costs and finding buyers as it works its way through bankruptcy proceedings.
Borders stores in Syosset and Riverhead are on a newly released list of 51 store locations across the U.S. that may face a shut down. Earlier this year, Borders closed shops in Commack and Westbury after filing for Chapter 11 bankruptcy protection in February.
A store employee reached at the Riverhead store could not confirm the store’s closure. The employee, who asked not to be identified or quoted directly, said he had not heard anything about the store closing, adding that he thought the Riverhead location had very good sales. A manager was not immediately available to comment.
The list was contained in papers filed with as part of the chain’s bankruptcy proceedings. Borders will be closing at least 220 stores this year. The bookseller has been unable to keep up revenue as the rise of the e-book market and tablets cut into sales of books.
Also on the list are Borders at Penn Station, Columbus Circle and at JFK Airport.
Above, Martha Stewart signs books at the Syosset store in 2009.
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