Business & Tech

Chesterfield Borders Will Close by End of April

The company announced it filed for Chapter 11 bankruptcy Wednesday.

The will close as part of the company's Chapter 11 bankruptcy reoganization. The store will continue to serve customers until its closing date, which hasn't been determined. 

The Ann Arbor, MI-based company announced it would close 200 stores nationwide Wednesday. Chesterfield is one of three stores in the St. Louis metro area to close. The other two are in Ballwin and St. Peters. Stores in Brentwood, Creve Coeur, Sunset Hills, Mehlville, Fairview Heights and Edwardsville will stay open.

Three other Missouri stores will close in Springfield, St. Joseph and Kansas City.

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The company said in a release the list of closing stores is not final. Stores will close by the end of April. Tom Amoni, manager of the Chesterfield location, said a more specific date hasn't been set. Donald Cutler, a spokesman for Borders Group, Inc., said the closing stores will begin the process of shutting down over the next several weeks.

Cutler said 35 people work at the Chesterfield location. Whether those employees receive any sort of payout has not been decided, he said. A news release stated the company expects to make employee payroll and continue employee benefits.

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Calls to managment were unanswered. 

The Borders Rewards program, gift cards and other customer programs will be honored. 


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