Daily Independent (Ashland, KY)

Local News

November 10, 2009

Ashland Waldenbooks to close

Among 200 Borders Group stores affected

Ashland — The Waldenbooks in the Ashland Town Center is expected to be among 200 stores closed by Borders Group Inc. at the end of 2009.

The closures will eliminate about 1,500 employees, according to The Wall Street Journal, leaving Borders with roughly 130 mall-based locations. Borders Group is the nation’s second-largest bookstore chain.

General Manager Merri Hurn said mall officials were notified of the plan to close Waldenbooks on Monday morning.

“We are actively looking for someone that will replace Waldenbooks and fill that need in this market,” Hurn said.

The mall manager said the decision to close the Ashland location is not a reflection of low demand for books, magazines and other specialty products, explaining local customers had previously expressed strong demand for an even larger store than the existing Waldenbooks.

A statement released by a Borders spokesman indicated the mall stores scheduled for closure will be fully stocked for holiday shoppers and should begin clearance sales in mid-December.

An employee of the Ashland Waldenbooks declined comment about the corporate decision to close the store, but made a point of saying the Ashland store will conduct a book drive to help build a new library for victims of domestic violence at Safe Harbor. The book drive begins Saturday will continue through the end of the year, the Waldenbooks employee said.

“We are saddened by the loss of any business, regardless of its location, and realize the impact on our community,” said Chrissy Dillow, general manager of Kyova Tri-State Mall & Lifestyle Center.

“As a lifestyle mall we do see the benefit of offering a bookstore at Kyova Tri-State Mall & Lifestyle Center but are not in serious talks with any potential bookstores at this time.”

TIM PRESTON can be reached at tpreston@dailyindependent.com or (606) 326-2651.

Text Only
Local News
Featured Ads
Seasonal Content
AP Video
Vatican in Chaos After Butler Arrested for Leaks Jimmy Carter Endorses Egypt's Election Results Biden Addresses West Point Graduating Class Dozens of Children Killed in New Syria Attack Raw Video: Activists Allege Massacre in Syria NJ Man Charged With Murder in Death of Patz Support, Fun for Kids of Fallen Soldiers at Camp Fugitive Penguin Caught, Returned to Aquarium 50 Years Later, Underground Fire Still Burning Light Show Transforms Sydney Opera House Raw Video: Unruly Passenger Restrained in Miami Raw Video: Robber Uses Drive-thru Window Raw Video: Dragon Arrives at Space Station Calif.'s Coronado Named Nation's Best Beach CEO Salaries Become Sore Issue in Labor Disputes
Community Calendar
Loading…
Events by eviesays.com
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Popular Searches
Powered by Local.com
SEC Zone