Mary Davis

In a little over two days Borders will be liquidating its remaining stores and it's still a mystery about what's going to happen to its Borders.com website, its rewards program, its extended warranties for e-readers, etc. The only thing certain for consumers now is that the bookseller will continue to honor its gift cards throughout the liquidation process. But it won't be selling any new cards, Borders spokeswoman Mary Davis said on Tuesday. The company is still reviewing the plan for its Borders Rewards loyalty programs, Davis said. Customers who signed up for Borders Rewards received discounts and free

New York City -- Borders Group will close another 28 superstore locations in addition to the 200 locations it is already shutting down as part of its reorganization under bankruptcy protection. The closings are expected to occur by the end of April and include stores in Hollywood, Calif., and Stamford, Conn. "We reached the determination about these stores after a further review of their ongoing economic viability," Borders spokeswoman Mary Davis said in a statement. Borders filed for bankruptcy protection last month. Borders is receiving shipments from most of its largest vendors on cash-on-delivery terms, and hopes to resume