A Borders Group Inc. bookstore that closed
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A Borders Group Inc. bookstore that closed last month stands in Farmington Hills, Michigan, U.S., on Wednesday, Feb. 16, 2011. Borders Group Inc., the number-two U.S. bookstore chain, filed for bankruptcy in New York today after management changes, job cuts and debt restructuring failed to make up for sagging book sales in the face of competition from Amazon.com Inc. and Wal-Mart Stores Inc. Photographer: Jeff Kowalsky/Bloomberg
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