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Borders has sold its 70 book stores in the UK to Risk Capital Partners for about £20m.
Borders is to open a 26,000 sq ft flagship book store in Cardiff city centre in December, and smaller stores will open in Llantrisant, Newbury, Southampton and Milton Keynes.
Borders is planning to expand its chain of 53 bookstores by about 25% by the end of next year.
Borders is planning to expand its chain of 17 bookstores to 23 by the end of next year, and is seeking more concessionaires to take up some of the in-store space.
Borders is planning to step up the expansion of its chain of 13 UK book stores, having opened five outlets this year.
Borders is planning to open five new book superstores this year, taking the chain to 17, following the recent opening of a new distribution centre in Cornwall.
Borders is to open a books and music superstore at the former Eaden Lilley department store in Cambridge later this year, with the creation of up to 80 jobs.
Borders is planning to open book superstores in Oxford and Cambridge next year.
Borders of the US is planning to set up a 25,000 sq ft bookshop superstore in York, which will create 70 jobs.
Borders of the US is to open a book and music superstore in Brighton in the autumn, followed by one in London next spring.
Borders of the US is to open a superstore in London's Oxford Street selling books, videos, music and computer games, and will follow this up with a chain of UK stores including an outlet in Leeds that is due to open in the autumn.