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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 runs more than 1,000 retail stores, which include Borders superstores, mall-based Waldenbooks stores, and Paperchase stationery shops. The chain has been divesting its international holdings, selling its Borders (UK) business in 2007 and its 30 Asia/Pacific superstores in 2008, to reduce debt and allow it to focus on domestic operations. Borders stores offer up to 200,000 book, music, and movie titles and regularly host live literary events and musician showcases to lure customers. Borders also set up shop at select US airport and outlet mall locations.
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| | | Contact Information | |
Address: |
100 Phoenix Dr.
Ann Arbor, MI 48108
| | Phone: | 734-477-1100 | | Fax: | 734-477-1285 |
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| Financial
Highlights | | Fiscal Year End: | January | | Revenue (2009): | 3275.40 M | | Revenue Growth (1 yr): | (-14.30%) | | Employees (2009): | 25,600 | | Employee Growth (1 yr): | (-13.20%) |
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Key People
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Chairman:
Richard (Mick) McGuire
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President, CEO, and Director:
Ron Marshall
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EVP Finance and CFO:
Mark Bierley
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