Riverhead Borders Put on the Chopping Block

Borders Group, Inc., the parent company of Borders books and music retailers, initiated a process to close 51 stores – the being one of them – to fulfill a bankruptcy requirement. 

A spokeswoman said she actually expected a "far smaller number to actually close."

Borders Group, Inc. filed for chapter 11 bankruptcy in the middle of February. The Commack location was recently closed.

Stef Goodsdale, a spokeswoman for the Borders Group, said that the company is "working as hard as we can to renegotiate as many of the leases as possible."

A manager at the Riverhead location, Constantine Stavrakos, referred questions to corporate public relations.