24 Sep '11, 9am

Evening news: The Borders Parkway Parade store will close Sept 26.

The Borders Parkway Parade store will close at 9pm on Monday evening, Sept 26. The book retailer has started a final closing down sale with a 70% discount of all stocks in the store. According to Mr Tim Reid of Ferrier Hodgson, the judicial manager of Borders Pte Ltd, Borders Singapore secured rights to the use of the 'Borders' brand and intellectual property rights through a brand licence agreement that was secured when the Australian, New Zealand and Singaporean Borders operations were purchased from Borders USA. He added that Borders USA terminated the agreement, giving 90 days' notice to Borders Singapore to stop all activities authorised through the license agreement.

Full article: http://news.insing.com/tabloid/borders-parkway-parade-sto...

Tweets

Borders Parkway Parade store to close on Sept 26

Borders Parkway Parade store to close on Sept 26

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