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Waldenbooks. Website. www.borders.com(2001 archive) Borders Group, Inc.was an American multinational book and music retailerbased 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 Waldenbooksstores. [1][2] At the beginning of 2010, the company ...
Kmart expanded its bookstore holdings by acquiring Borders in 1992. [26] At that time, Kmart kept Borders and Waldenbooks separate, but converted Waldenbooks' Bassett stores to the Borders brand. When Kmart decided to spin off its noncore subsidiaries in 1994, Kmart merged Waldenbooks, Brentano's, and Borders to form the Borders-Walden Group. [27]
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 ...
Borders (BGP), the country's second-largest book retailer, had been counting on a Christmas miracle to rescue it from deep financial doldrums. But the holiday season played Scrooge instead. Now ...
It's official: Borders, the nation's second-largest bookstore chain, has filed for bankruptcy protection. The announcement that came this week has been expected since the end of last year, when ...
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 ...
Borders Books was a chain of bookstores acquired by Kmart in 1992. In 1994, Borders merged with the Kmart chain Waldenbooks to form Borders-Walden Group, which was sold in 1995. In February 2011, Borders filed for Chapter 11 bankruptcy and announced plans to liquidate in July after failing to find a buyer to keep the chain's remaining 399 ...
Owning and operating an independent bookstore has never been easy. Since the rise of the big chains and online booksellers, independent bookstores have been under considerable financial pressure.