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Borders Group, Inc. (former NYSE ticker symbol BGP) was an American multinational book and music retailer based in Ann Arbor, Michigan, United States. In its final year, the company employed about 19,500 people throughout the U.S., primarily in its Borders and Waldenbooks stores.
Oct 21, 2021 · Decades ago, Borders pioneered the new idea of category-specific superstores in the book space, transforming how Americans searched for, bought, and read books. For those who miss the concept, Barnes & Noble remains a surprisingly solid company, likely to hold on for many years to come.
Borders Group, Inc. is the nation's second largest retailer of books, music, and other educational, informational, and entertainment products. Its Waldenbooks bookstores were in over 1,000 mall stores by 1995. Furthermore, it owned the rapidly expanding Borders Books & Music superstores and Planet Music stores.
Sep 16, 2011 · Sep 16, 2011, 09:29 AM EDT. | Updated Nov 15, 2011. The final 31 Borders stores across 18 states will close on Sunday, ending the story of what was once one of the largest book retailers in the world. Six years ago, according to Bloomberg, the Ann Arbor-based company had more than 1,200 stores, including branches in the UK, Australia and Singapore.
Feb 3, 2020 · By. Valerie Peterson. Updated on 02/03/20. The Borders Group, Inc. was a publicly held bookstore chain that closed its doors in September 2011. After Barnes & Noble, it was the second-largest bricks-and-mortar US bookstore chain, known for the innovation of creating the first superstore.
Feb 16, 2011 · NEW YORK/WILMINGTON, Delaware (Reuters) - Borders Group Inc filed for bankruptcy protection and said it would close about one-third of its bookstores, after years of shriveling sales that made...
Jul 18, 2011 · This timeline provides a historical perspective of the rise and fall of Ann Arbor-based Borders Group Inc. from its inception in 1971 to its liquidation announcement this afternoon. It is based on AnnArbor.com research, interviews, Securities and Exchange Commission documents, archived news reports and information from Borders.
