Largo's Borders Bookstore to Close

The Borders bookstore at the Boulevard at the Capital Centre in Largo is among hundreds of stores across the country that will close in the coming weeks, according to reports published by The Wall Street Journal.

Borders Group Inc., the parent company of Borders bookstores, filed for Chapter 11 bankruptcy protection and will close about 30 percent of its stores nationwide.

"It has become increasingly clear that in light of the environment of curtailed customer spending... and the company's lack of liquidity, Borders Group does not have the capital resources it needs to be a viable competitor," Borders Group President Mike Edwards in a statement, as reported by the Journal.

The company is launching a strategic review of its locations with the aim of closing underperforming stores. Earlier this week, a count of Borders stores using its store locator found it had 644 stores in 48 states, Washington, D.C., and Puerto Rico, according to the Journal report.

Here is the complete list of stores closing nationwide.