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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. [1] [2]
- 1971; 52 years ago
- Retail (Specialty)
- 19,500 (2010)
- Brentano's, Walden, and Borders
- Kmart, Then Borders IPO
- Online Bookselling Threatens Borders Business Model
- GeneratedCaptionsTabForHeroSec
The Borders Group owes its history to several separate chains—Borders, Waldenbooks, and Brentano's. Brentano's was the longest-lived of the three bookstore chains that eventually made up the Borders Group. The original Brentano's store was founded in 1853 in New York City, by August Brentano, a newspaperman. The second oldest of the three, Waldenbo...
In 1992, with the bookstore business booming, Kmart purchased Borders and created the Borders-Walden Group. But book profits proved not to be as robust as anticipated and Kmart was having its retail troubles so, in 1995, they divested themselves of the chain of bookstores, spinning off the Borders Group with an initial public offering. The Borders ...
As it became clear that online book retailing, begun by Amazon.com, was rapidly and dramatically changing the bookselling business, Borders created their online presence. But after their initial e-retail efforts resulted in short-term losses for investors, in what was in retrospect a short-sighted move, Borders scrapped its website. Due to less-tha...
Learn how Borders Group, the second-largest US bookstore chain, was formed by the merger of Brentano's, Waldenbooks, and Borders superstores. Discover how Borders innovated the bookstore model, expanded internationally, and faced online competition.
Feb 16, 2011 · Updated Feb 16, 2011, 12:26pm EST. The Chapter 11 bankruptcy protection filing by struggling books and media retailer Borders Group Inc. will cost both the company’s namesake stores in...
Barnes & Noble welcomes Borders ®, Waldenbooks ®, Brentano’s ®, and all their customers to discover their next great read at Barnes & Noble, the nation’s largest retail bookseller. Book Bestsellers
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.
Borders Group Inc. Op-Ed Columnist. Save Barnes & Noble! It’s in trouble. And Washington’s flawed antitrust policy is a big reason. By David Leonhardt. Square Feet. At the Former Home to...
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Jul 15, 2011 · With the fate of Borders Group to be decided early next week, below is a list, by store number of the current outlets, starting with the first store in Ann Arbor.
