Pondering the Demise of Borders Books

The final 31 Borders bookstores will close across 18 states on Sunday, and that will include the Marlborough location.

Marlborough Customers React to Borders' Announcement

The Borders bookstore off Donald J. Lynch Blvd. is one of the 400 remaining bookstores that the company announced yesterday would close in September.

Longtime customers of the Border's Books and Music store in Marlborough were out in force on Tuesday, browsing the deeply discounted merchandise lining the shelves and racks outside.  "I'm totally against it," said Joe Denzel as he browsed a $3.99 rack outside the front door. "I have always shopped here for books—always." The Marlborough location is one 399 remaining stores left open in the United States, after many closed earlier this spring including one in nearby Shrewsbury.  Another longtime customer, Cheri Garceau, said she was extremely disappointed by the news.  "My son and I have been coming to this store for a long time and we are really disappointed to see it go," said Garceau. "... I think it is really due to e-books, and people…

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Fidelity Marlborough Offices Will Close, Affect 1,100 Jobs

Fidelity Investments will close its Marlborough offices, which currently employs 1,100 people.

Fidelity Investments announced plans to phase out operations in Marlborough by 2012. The company currently employs 1,100 people in Marlborough, according to Fidelity Investments Spokesperson Vin Loporchio. When the offices close, many of the Marlborough employees will be provided the opportunity to relocate to offices in Merrimack, N.H. and Smithfield, R.I. A smaller number of employees will be offered relocation to Fidelity offices elsewhere in the U.S., and some current employees will lose their jobs, added Loporchio. “We have a smaller workforce than we had prior to the global economic crisis in 2008, and as a result, have real estate space available in several of our sites. We determined that it made sense to focus and consolidate our …

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Evergreen Solar to Lay Off 800 Employees, Marlborough HQ Safe for Now

Evergreen Solar, a Marlborough-based green company, announces their plan to close the Devens manufacturing facility in the coming months.

The future looks grim for employees of Evergreen Solar, a green company that manufactures String Ribbon solar power products from various international locations, including their corporate office in Marlborough. The company recently announced that they will close their manufacturing facility in Devens  by the end of their first quarter in 2011 due to the competitive prices surfacing in European and Chinese markets. This decision will impact approximately 800 employees. President and Chief Executive Officer Michael El-Hillow said in the company’s press release, “Solar manufacturers in China have received considerable government and financial support and, together with their low manufacturing costs, have become price leaders within the …

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