"The Guardian" is reporting the following:
The US books chain Borders, which also owns Books etc, looks set to pull out of the UK market as it relaunches its website and concentrates on revamping its core US books chain. It said today it will explore "strategic alternatives" for its international division, largely the UK and Ireland but also including operations in Australia and New Zealand. This is likely to see the business sold, or franchised, in which case the stores could retain the Borders name.No news as yet as to when this change will take place.