Borders Group, the nation's second-largest bookstore chain, which once operated more than 1,000 stores, appears headed for liquidation after a judge Thursday approved its motion to auction itself off ...

It doesn’t look good. Borders Group Inc.’s creditors rejected today a sale of the bookseller to a private equity firm, paving the way for a possible liquidation of the chain. Ann Arbor-based Borders ...

NEW YORK (AP) — A bankruptcy judge on Thursday approved Borders Group's plan to sell off its assets via a group of liquidators in what could be the final nail in the coffin for the 40-year-old chain.

Borders Group Inc. said it would liquidate after the second-largest U.S. bookstore chain failed to receive any offers to save it. What, if anything, can save brick & mortar bookstores? (Photo: AFP / ...