| | | Waldenbooks to Become Smaller, More Profitable Chain in 2010 as Number of Stores Will Be Reduced by Approximately 200 ... |  | Advertisements: |
|  11/05/09 As part of Borders Group's ongoing strategy to right-size its Waldenbooks Specialty Retail segment and emerge with a smaller, more profitable mall chain in fiscal 2010, the retailer will close approximately 200 mall stores in January, leaving approximately 130 mall-based locations open. READ FULL SOURCE |
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Other news07/19/11 Borders Group has conceded in its attempt to find a buyer for most of its remaining bookstores and has asked the U.S. Bankruptcy Court to cancel an auction of the company that had been scheduled for this week. Borders is currently operating 399 stores and employs approximately 10,700 employees. However, in its submission to cancel an upcoming auction, Borders said it had received an offer for 30 ...
07/19/11 After a failed attempt to find buyers to stay as a going concern, bankrupt US bookstore operator Borders Group Inc. said late Monday it will sell its store assets to liquidation firms Hilco and Gordon Brothers and submit the plan for bankruptcy court approval.
07/19/11 CHARLESTON, W.Va. - Borders Group Inc.s failure to attract a buyer means there soon will be liquidation sales, then closures and job losses at all five of the companys West Virginia stores.The nations second-largest U.S. bookstore chain operates:* Bord... Hot themes this week:
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