Direct Brands, parent of mail-order disc service Columbia House, among other services, has put in an offer to purchase bankrupt Borders Group Inc.More>>

A United States bankruptcy judge March 15 approved a $505 million bankruptcy loan for retailer Borders from General Electric Capital Corp.More>>

Embattled retailer Borders Group said March 9 that its stock will be delisted from the New York Stock Exchange starting March 21, “because, in the opinion of the Exchange, the Securities are no longer suitable for continued listing and trading on the Exchange.” More>>

Bankrupt retailer Borders Group canceled an auction of unsold merchandise and may have reached an agreement with lenders and creditors to salvage approximately 40 stores that previously had been on the chopping block, according to documents filed in U.S. bankruptcy court.More>>

Borders Group aims to exit bankruptcy protection by the end of summer, with as many as 75 more of its stores closing, according to a report by the 'Wall Street Journal.' More>>

While Borders recently announced it would cut shelf space for DVD, a Barnes & Noble spokesperson said the No. 1 bookseller will continue its expansion of DVD and Blu-ray Disc.More>>

Retailers have lined up various midnight sales in relation to the teen vampire phenomenon Twilight, hitting stores March 21 from Summit Home Entertainment.More>>

Refinancing plans have failed and a bankruptcy filing is near for troubled retailer Borders, according to a report from the <i>Wall Street Journal</i>.More>>

While it continues to complete a refinancing or restructuring of its credit, retailer Borders announced Jan. 31 that it would delay payments to vendors, landlords and some other parties.More>>

Target Stores and Borders Group are releasing exclusive DVD/Blu-ray Disc sets of teen vampire hit <i>The Twilight Saga: New Moon</i> when it hits retail March 20.More>>