NEW YORK ( TheStreet) -- The retail sector is a mixed bag of stocks Monday, as several significant movers are neutralizing the S&P Retail Index. Blockbuster ( BBI) and Borders ( BGP)are topping the New York Stock Exchange's list of biggest decliners and advancers, respectively. Blockbuster is plunging 8.6% to 36 cents, after it rallied last week following comments from its CEO James Keyes. "We're in the middle of a dramatic transformation," Keyes told CNBC on Thursday. "During the course of this transformation, we're moving away from a total reliance on DVDs and now a different form of distribution for both DVDs and digital content. We're building new channels." But investors have decided to look at the numbers, which paint a different picture. In its fourth quarter, Blockbuster widened its loss to $434.9 million, or $2.24 a share, as same-store sales tumbled nearly 16%. Other notable decliners include Zale ( ZLC), which is falling 3.6% to $2.66, Coldwater Creek ( CWTR), which is off 3.4% to $7.09 and Foot Locker ( FL), which is dropping 2% to $13.96. On the other end of the spectrum, Borders is surging 7.1% to $1.96, as investors grapple with the future of the struggling book retailer.