Struggling Borders to Meet With Publishers

The book chain Borders entered 2011 on an unsteady note, telling major publishers last week that it would delay payments owed to them, and stoking fears that it would not be able to recover from declining sales.

Sales at Borders have fallen and it has delayed paying publishers.

On Monday, Borders executives said they would discuss the company’s plans with publishers at hastily arranged meetings in New York later this week.