25 Sep '11, 11am

DTN Singapore: Borders bookstore at Parkway Parade to shut: SINGAPORE: Thousands of bargain-hunters were at the

DTN Singapore: Borders bookstore at Parkway Parade to shut: SINGAPORE: Thousands of bargain-hunters were at the

SINGAPORE: Thousands of bargain-hunters were at the Borders bookstore at Parkway Parade mall, lured by the 70 per cent sale this weekend ahead of its closure on Monday. But up until about a week ago, there was still a scramble behind the scenes to keep the retailer afloat in Singapore. The Parkway Parade outlet - the retailer's second in Singapore - opened in 2007, a decade after its first store opened in Wheelock Place. "Prior to the decision to close it, it was a little bit slow. We couldn't buy new books either, so traffic was dropping significantly. We were booming the first year we opened. Second year was quite good as well, but third year it had actually declined. Book retailing has definitely changed; the customer habits have definitely changed as well," said Elissa Crosswell, sales manager of Borders Singapore. On Wednesday, Borders USA terminated its Brand License...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

Tweets

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Borders bookstore issued a statement on Friday that its only remaining branch at Parkway Parade will be closing its doors ...

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asiaone.com 23 Sep '11, 9am

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Parkway Parade's Borders to close on 26 September - Yahoo! via @yahoosg

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