Just this week, 14-year-old Blake Burmaster bought two paperbacks at the Borders at Baybrook Passage in Webster. "He loves to read," said his father, Troy Burmaster, a nurse who lives in La Porte.

Borders said it is losing about $2 million a day at the stores it plans to close. Cautious consumer spending, negotiations with vendors and a lack of liquidity made it clear Borders “does not have the ...

Borders has filed Chapter 11 bankruptcy but says “business operations continue as normal,” in a statement posted on a new web page titled www.bordersreorganization.com. The statement reads: “In light ...