Business

Four S.C. bookstores to close

Borders will close 200 of its Waldenbooks stores nationwide, including four in South Carolina, as part of an initiative to bolster the embattled bookseller.

The S.C. stores that are slated to close: Columbiana Centre in Columbia; Haywood Mall in Greenville; Greenwood Mall in Greenwood; and Mall At Shelter Cove in Hilton Head Island.

The stores will remain open through the holidays, closing by the end of January.

Gift cards bought at the stores can be used at any Borders or Waldenbooks location or borders.com. There is no change for customers who joined the Borders' customer-loyalty program at the closing locations.

The move, which will leave about 130 Waldenbooks stores under the Borders umbrella, will shave 1,500 jobs nationwide.

Borders and its brick-and-mortar competitors, from Barnes & Noble to independent retailers, have struggled to remain afloat as the book industry faces intense pressure from Internet sales and e-books. Borders has been aggressive in its efforts to retool and become profitable after suffering several consecutive quarterly losses and a dire holiday season last year.

- Andrew Shain/The Detroit News

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