Borders Closing--Again

On May 18, the Borders bookstore in Singapore's Westgate Mall--opened five months ago by Popular Holdings--will be renamed a Popular store and will close its café, the Straits Times reported. Popular bought the Borders name for Singapore two years ago.

The 5,000-square-foot store was an attempt by Popular to create a "lifestyle bookstore." Popular's Victor Tan told the paper that the "Borders's brand has not been dropped" and the company intends "to find a better location for Borders."

Borders had a busy flagship store in central Singapore, as well as a branch in Parkway Parade, both of which closed in 2011.

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