BORDERS SHUTTERS SINGAPORE STORE

Borders flagship store at Wheelock Place in Singapore has closed its doors.
The news comes following months of uncertainly after the demise of the North American and Australian businesses - and despite the local business being operated as a seperate company. The 'closed' signs appeared several days ago after was is reported to be a dispute over rent, according to several local media reports. Borders' Parkway Parade branch remains open.
Speaking from experience and knowledge of the Singapore magazine market, many publishers will be lamenting the demise of this store. It was responsible for a healthy proportion of many magazne sales in the city state, not least because of its prime location.