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Topic: Borders Group


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In the News (Tue 1 Dec 09)

  
  Excite -
Borders points to the fact that its profitable superstores are funding the online venture so far, unlike Amazon.com, which has posted tremendous losses in order to retain its place at the top.
In April 2000 Borders president and CEO Greg Josefowicz announced that the company had hired Merrill Lynch to explore "strategic options" which could include selling the company, claiming that the company's stock was "undervalued." Options to be reviewed included recapitalization, a leveraged buyout, or a merger.
Borders prefers resumes sent in response to a job posting, though blind resumes may be considered.
www1.excite.com /home/careers/company_profile/0,15623,160,00.html   (1224 words)

  
  Borders Group - Wikipedia, the free encyclopedia
Borders Group NYSE: BGP is an international bookseller based in Ann Arbor, Michigan.
Borders is a Fortune 500 company, and is (as of 2005) the second-largest bookstore chain in the United States (after Barnes and Noble), selling a wide variety of books, CDs, DVDs, periodicals, as well as gifts and stationery.
The original Borders bookstore is located in Ann Arbor, Michigan, where it was founded in 1971 by brothers Tom and Louis Borders.
en.wikipedia.org /wiki/Borders_Books_and_Music   (474 words)

  
 Conference Call, 03/09/98, Borders Group Q4
Borders sales were $450 million in the quarter, an increase of 32% over the prior year's sales of $342 million.
The increase was primarily attributable to 46 new Borders stores, the initial stocking of the fulfillment center in preparation for the Borders.com launch, and the acquisition of "Books etc,", a bookstore chain in the United Kingdom.
Borders attracts a different kind of employee than the usual retail business does, and the company's competitiveness is improved by holding down turnover of its trained workers.
www.aol.fool.com /Calls/1998/Calls980309BGPQ4.htm   (1192 words)

  
 Borders Group
Borders Group (NYSE: BGP (http://www.nyse.com/about/listed/lcddata.html?ticker=BGP)) is an international bookseller based in Ann Arbor, Michigan.
Borders is a Fortune 500 company, and is (as of 2005) the second-largest bookstore chain in the United States, selling a wide variety of books, CDs, DVDs, periodicals, as well as gifts and stationery.
Borders also has another 44 international stores outside the country in the United Kingdom, Australia, New Zealand, Puerto Rico, and Singapore, and 35 Books etc. stores throughout Great Britain.
www.arikah.net /encyclopedia/Borders_Books   (417 words)

  
 BookWeb: Bookselling This Week Archives: Kmart to Sell 52 Percent of Borders Group in Public Offering   (Site not responding. Last check: )
Borders was on its way to becoming a public company in 1992, but Kmart snatched it up before it went on the market, adding Borders to a stable that included Waldenbooks, The Sports Authority, and OfficeMax.
Borders currently operates 81 Borders "superstores" and more than 1,000 Walden locations, as well as five Planet Music superstores and five CD Superstores (the music stores are operated by Borders subsidiary Planet Music).
Borders Group has experimented with opening Planet Music stores alongside new Borders stores which do not have their own music departments.
www.bookweb.org /news/btw/archive/886.html   (670 words)

  
 Borders group posts 1Q loss, misses views - Boston.com
Borders Group Inc., of Ann Arbor, Mich., is expected to release its first-quarter earnings Tuesday.
Borders previously told investors it expected a loss of between 20 cents to 30 cents per share.
Borders Group said it closed 16 of the segment's stores in the first quarter, ending the period with 665 locations.
www.boston.com /business/articles/2006/05/23/borders_group_posts_1q_loss_misses_views   (422 words)

  
 European Borders Group exists to investigate the impact of boundaries, in various senses, Since 1996, the group has ...   (Site not responding. Last check: )
European Borders Group exists to investigate the impact of boundaries, in various senses, Since 1996, the group has held 5 extended workshops (involving visitors from institutions in the UK and beyond), and generated one internally published set of proce
The European Borders Group exists to investigate the impact of boundaries, in various senses: as much of political and economic action as of culture/identity; as much figurative as literal; as much points of contact as points of differentiation or conflict.
The work of the group takes as its starting point that boundary/border change is a striking, but not a new phenomenon in presentday Europe, and that the definition/re-definition of borders, boundaries, frontiers, peripheries and margins has a significant impact not only upon "border" fields themselves but upon Europe overall.
www.surrey.ac.uk /LIS/MNP/borders.html   (336 words)

  
 Borders Exploration Group
The Borders Exploration Group is a charity run by a group of volunteer adults to assist in the physical, mental and spiritual development of young people through the challenges of expeditions - both overseas and at home.
Borders Exploration Group's main activities are international and European expeditions, which take place (approximately) year about.
All Borders Exploration Group expeditions are led by a team of volunteer leaders and BEG are always on the lookout for interested adults; if you are interested in getting involved please contact us or come along to one of our events/meetings - you would be very welcome.
www.borders-exploration-group.org.uk   (449 words)

  
 iWon -
Borders points to the fact that its profitable superstores are funding the online venture so far, unlike Amazon.com, which has posted tremendous losses in order to retain its place at the top.
In April 2000 Borders president and CEO Greg Josefowicz announced that the company had hired Merrill Lynch to explore "strategic options" which could include selling the company, claiming that the company's stock was "undervalued." Options to be reviewed included recapitalization, a leveraged buyout, or a merger.
Borders prefers resumes sent in response to a job posting, though blind resumes may be considered.
www1.iwon.com /home/careers/company_profile/0,15623,160,00.html   (1224 words)

  
 Blue Pumpkin Improves Customer Service While Decreasing Costs For Borders Group   (Site not responding. Last check: )
In addition to planning for highly fluctuating demand, Borders Group had a variety of complex criteria to be considered in developing the optimal schedule that included 15 contact center skills, employee preferences and seniority.
Borders' plan was successful as demonstrated by achieving customer service levels of 88 percent during the holiday period with most calls answered in under 10 seconds.
Borders Group, Inc., (NYSE: BGP) a FORTUNE 500 company, is a leading global retailer of books, music, video and other information and entertainment items with stores in the United States, United Kingdom, Australia, New Zealand, Singapore, and the commonwealth of Puerto Rico.
www.bluepumpkin.com /pressrl/2001/073101.html   (742 words)

  
 Borders Group Inc   (Site not responding. Last check: )
Borders received a 100% rating on the Corporate Equality Index released by the Human Rights Campaign starting in 2004, the third year of thereport.
Borders retail employees at two store locations in Minneapolis-St. Paul and Ann Arbor are currentlyrepresented by the United Food and Commercial Workers union (UFCW).
In astronomy, a group is a small number of galaxies (up to 50 or so) that are near each other, like the Local Groip, which is the Groep of galaxies we live in.
www.thesonars.com /web/4500-borders.group.inc.html   (518 words)

  
 The Motley Fool: The Boring Portfolio - 02/28/96 - Boring Buys Borders Group, Inc. (NYSE:BGP)
Borders was founded by two brothers, Louis and Tom, in a small store about three blocks from my office.
Borders loyalists are not unlike Apple's fanatics in many ways (and I am both).
Borders recently announced that is "comfortable" with analysts' estimates of $.82 for the year ending January 1996 (to be reported in mid-March) and $1.05 for the fiscal year just begun.
www.fool.com /BoringPort/Trades/BoringPortTrade_bgp960228.htm   (693 words)

  
 Discount Store News: Borders Group considers selling - Brief Article
Borders president and ceo Gregory Josefowicz called his company's stock "undervalued" and said in a statement that the retailer will review all of its options including a recapitalization, a leveraged buyout or a merger.
Although Borders' financials have been solid, the company experienced a series of management changes, has been a slow-starter in the Internet e-commerce and is seen as distant third in online books sales behind Amazon.com and Barnesandnoble.com.
Borders Group operates 295 Borders Books and Music stores in the United States and Puerto Rico, 904 Waldenbooks stores in malls, shopping centers and airports in the United States, and 26 Books etc. and six Borders stores in the United Kingdom.
www.findarticles.com /p/articles/mi_m3092/is_7_39/ai_61640987   (316 words)

  
 Borders Group (BGP)
Borders Group Inc. (NYSE:BGP) is the second largest U.S. based book retailer and the largest mall-based bookseller in the country.
Borders store leases generally have an average initial term of 15 to 20 years with multiple three- to five-year renewal options.
Despite underlying negative industry trends, Borders (and competitor Barnes and Noble) have been gaining marketshare through the superstore format, and Borders is continuing to focus on this area by re-branding some of its Waldenbooks stores under the Borders Express name and closing the under performing Waldenbooks locations.
www.wikinvest.com /stock/Borders_Group_(BGP)   (1732 words)

  
 Borders Group, Inc. | About   (Site not responding. Last check: )
The history of Borders Group, the second-largest and most profitable book, music, and movie retailer in the world, is a tale of two brands—Borders Books and Music® and Waldenbooks®—and its enterprising founders who instilled passion and innovation into the bookselling business.
Borders Group launches the Borders Group Foundation to support its employees and their families through need-based grants, merit scholarships, and key relationships with other caring organizations.
Borders Group develops and launches the Value of Employment (V.O.E.) strategy to focus the company on activities that matter most to its employees.
www.bordersgroupinc.com /about/history.htm   (525 words)

  
 Business Wire: Borders Group Foundation Awards 26 Scholarships   (Site not responding. Last check: )
Borders Group Inc. today announced that 26 students, who are also employees of the company, will receive $1,000 scholarships for the 2003/2004 academic year through the second annual Borders Group Foundation Scholarship program.
Scholarships are open to all regular full-time or part-time Borders Group employees based in the United States who have been employed by the company for at least two consecutive years.
The Borders Group Foundation was established in 1996 to assist employees facing financial need created by catastrophic circumstances including natural disasters, medical emergencies, loss due to fire, and a host of other situations.
www.findarticles.com /cf_dls/m0EIN/2003_Oct_6/108565987/p1/article.jhtml   (824 words)

  
 Borders Group plans India foray
Global book and music retail chain, Borders Group, is keen to set stop in India once the investment scenario changes in the country.
Borders International's strategy involves gaining strong positions in the United Kingdom, Australia, Singapore and New Zealand.
About 80 per cent of Borders' turnover is contributed by book sales, while the balance comes from music and stationery among others.
inhome.rediff.com /money/2004/mar/29border.htm   (273 words)

  
 Borders Group cuts earnings estimate - 01/10/03
Borders is the second-largest book retailer in the United States.
ANN ARBOR -- Borders Group Inc. lowered its earnings estimates for 2002's fourth quarter and the full year on Thursday and reported that sales at stores open at least a year are running below original projections for this quarter.
Also Thursday, Borders Group was downgraded to "market perform" from "outperform" by analyst Derek Leckow at Barrington Research.
www.detnews.com /2003/business/0301/10/b02-56800.htm   (380 words)

  
 Borders Group Employer Info on CareerBuilder
Borders recognizes that in the comfort of the familiar, we are all more relaxed and open to new possibilities.
Borders is a place to discover fascinating new releases and reconnect with old favorites, a place to share a family storytime or savor a hot cup of coffee.
Borders Group supports the individuality of each employee and encourages everyone to explore their talents and seek expanded opportunities.
www.careerbuilder.com /Jobs/Company/C24666PG01MCJPFMLQ/Borders-Group   (1132 words)

  
 Borders Group 1Q loss widens - USATODAY.com
DETROIT — Losses are growing for the book retailer Borders Group Inc. as it faces a difficult sales environment and a shortage of exciting new releases.
Borders said its revenue rose 2 percent to $886 million in the first quarter of 2007.
Borders Group Inc. is expected to release quarterly earnings on Tuesday, May 29, 2007.
www.usatoday.com /money/economy/2007-05-30-2045637078_x.htm   (507 words)

  
 Earnings Preview: Borders Group - Boston.com
Borders Group Inc. reports earnings for the fiscal fourth quarter on Thursday.
In January, Borders and Gather.com announced a joint project through which shoppers at the superstore chain can go to the social media Web site and share their thoughts on books, music and other entertainment.
"Though Borders has the potential for some low-hanging fruit from the rationalization of its asset base, we believe the Street is already factoring in fairly aggressive closures of Waldenbooks stores at a minimum," she wrote in a research note on Monday.
www.boston.com /business/articles/2007/03/20/earnings_preview_borders_group   (371 words)

  
 supporting the Trust - Borders
Leading high street retailer Borders (UK) Ltd is extending its support for Reading Is Fundamental, UK (RIF), an initiative of the National Literacy Trust that motivates children to read for pleasure by providing opportunities for them to choose and keep free books.
"Borders are delighted about having the chance to work with RIF and we are looking forward to running a successful series of events and to raising awareness of such a worthwhile literacy project," said Stephen Torsi, National Events Coordinator for Borders.
Borders (UK) Ltd., is the UK subsidiary of Borders Group Inc., (NYSE: BGP) a leading global retailer of books, music, video and other information and entertainment items with stores in the United States, United Kingdom, Australia, New Zealand, Singapore, and the commonwealth of Puerto Rico.
www.literacytrust.org.uk /About/Borders.html   (734 words)

  
 Borders Group, Inc. - Knowmore.org
The Borders chain in the UK, (which includes Books, etc) is no longer owned by Borders Group.
In 1996, author and documentarian Michael Moore announced that he had been banned from Borders for having aided employees in their efforts to organize a union, and for supporting the woman who had been fired after heading the effort to organize.
Borders achieved a perfect score of 100 on the Human Rights Campaign 2005 Corporate Equality Index which rates large corporations on policies that affect their gay, lesbian, bisexual and transgender employees, consumers and investors.
www.knowmore.org /wiki/index.php?title=Borders_Group,_Inc.   (637 words)

  
 Latest Borders Group Inc News - Examiner.com
Borders issued a statement on Thursday saying that the company is "in the midst of the strategic alternatives process and has not engaged in substantive discussions regarding any specific transaction to date."
Borders Group Inc. Chief Executive George Jones said Thursday he expects that the company's investments developing concept stores and its own Web site for online selling to start paying off this year.
Borders Group Inc. has not had substantial discussions regarding a possible sale of the bookseller and is moving forward on efforts to improve its business, Chief Executive George Jones said Thursday.
www.examiner.com /News-Borders_Group_Inc.html   (885 words)

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