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Borders was a US -based bookseller, headquartered in Melbourne, Australia that also specialized in CDs, DVDs, calendars, stationery, gift packs and related merchandising in the Pacific area of Asia and Australasia. It had stores internationally in New Zealand and Australia. All of the stores also were fitted with Gloria Jeans Coffees cafés.
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] At the beginning of 2010, the company operated 511 ...
Waldenbooks was an American shopping mall -based bookstore chain operated by the Walden Book Company, Inc., and from 1995 was a subsidiary of Borders Group. The chain also ran a video game and software chain under the name Waldensoftware, as well as a children's educational toy chain under Walden Kids. In 2011, the chain was liquidated in ...
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Getty Images It's official: If you've got a Borders gift card that you didn't use before the bookseller went out of business, now it's a useless chunk of plastic. On Wednesday, U.S. District Judge ...
Borders' recent bankruptcy filing is just the latest in a string of signs the Internet, e-books, iPad and other technology are pulling shoppers away from brick and mortar stores, and these signs ...
After the bankruptcy and closure of its chief competitor, Borders Group, in 2011, [50] Barnes & Noble became the last remaining national bookstore chain in the United States. [ 7 ] [ 8 ] This followed a series of mergers and bankruptcies in the American bookstore industry since the 1990s, which also saw the demise of Waldenbooks , Barnes ...
It looks like brick and mortar book stores will be taking a giant step closer to extinction this month, as Borders is expected to declare bankruptcy, close up to 150 stores, and lay off thousands.