It could have come out of a story book: bookseller giants battling across a busy street. And the story is entering its final chapter this summer, with the Borders Group retreating from the Wolf Road corridor, leaving Barnes & Noble to dominate the area it first settled in 1993.
The Ann Arbor, Mich.-based Borders will close its Wolf Road bookstore on Sept. 6. The bookseller is shuttering its 31,000-square-foot, two-story store near the Colonie Center. The closing will come 10 months after B&N relocated across the road to a newly constructed 33,000-square-foot space at the Colonie Center — putting it even closer to Borders.
Borders spokeswoman Kolleen O’Meara said the 15-year-old bookstore is closing because it is under-performing. She could not say whether competition for the closer and larger B&N impacted sales, but she said its performance likely decline “over time.”
“Nothing happens overnight,” O’Meara said.
The Borders opened on Wolf Road months after the B&N debuted on Colonie’s commercial strip. In 1993, Colonie became the fourth U.S. community to house neighboring B&N and Borders stores. The closing threatens to leave the western end of Wolf Road with two vacant big box stores, including the 30,000-square-foot building B&N abandoned last November.
Borders plans to maintain its other Capital Region stores in Saratoga Springs, Clifton Park and Guilderland. Borders’ 36,700-square-foot location at Crossgates Mall, which opened two years ago, is its newest in the area.