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    • Liquidated in bankruptcy

      • In 2011, the chain was liquidated in bankruptcy.
      en.wikipedia.org › wiki › Waldenbooks
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  2. en.wikipedia.org › wiki › WaldenbooksWaldenbooks - Wikipedia

    In 1984, Waldenbooks itself was acquired by Kmart after Carter Hawley Hale needed to get cash to defend itself from a hostile takeover attempt. At that time, Waldenbooks was the largest retail bookstore chain. Under Kmart's ownership, Walden attempted to expand and diversify its business.

  3. Oct 6, 2019 · Kmart snapped up Waldenbooks in 1984. Within Kmart, Waldenbooks and Borders would eventually merge and then later spin off as an independent bookseller in 1995.

  4. In May 1994, Waldenbooks, Borders Books & Music, and Planet Music, Inc. formed their own company called Borders Group, Inc. and became the second largest book retailer in the United States, with more units (though lower sales) than leader Barnes & Noble.

  5. Aug 19, 2021 · 233. 6.5K views 2 years ago #bookstore #borders. The story of Waldenbooks, founded in 1933 in Boston, MA. They quickly became one of the largest booksellers in North America, succumbing to...

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    • Post-Mortar - The Retail History Show
  6. The company also operated 175 stores in the Waldenbooks Specialty Retail segment, including Waldenbooks, Borders Express, Borders airport stores, and Borders Outlet stores. In February 2011, Borders applied for Chapter 11 bankruptcy protection and began liquidating 226 of its stores in the United States.

  7. Jun 5, 2020 · Harry Hoffman, who as the president of Waldenbooks cemented its standing as the No. 1 bookseller in the United States in the 1980s by opening hundreds of new stores and using aggressive marketing...

  8. Nov 28, 2023 · They sold the businesses to K-Mart, which owned the Waldenbooks chain of bookstores, most located in enclosed malls. Waldenbooks was an asset on Kmart’s books, but was not sexy or profitable. K-Mart was looking for a way to dress up and bundle the Waldenbooks operation to make it saleable.

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