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Market Commentary on Borders Group, Inc.
0 Comments | M2 Presswire, June, 2007
M2 PRESSWIRE-20 June 2007-Large Cap News: Market Commentary on Borders Group, Inc.(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:20062007 If you want John Updike or Janet Jackson to go with your java, Borders is for you. The #2 bookstore operator in the US (after Barnes & Noble), Borders Group has stores in 50 states, as well as in the UK, Australia, New Zealand, Puerto Rico, and Singapore.
(The company plans to sell or franchise its international stores.) Its more than 1,200 retail stores include about 570 Borders superstores, about 560 mall-based Waldenbooks stores, and 30 UK-based Books etc. shops. To lure customers, the superstores host literary events and promote an environment with comfortable seats and cafes; they also sell music, videos, and DVDs....
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