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Industry Center - Catalog & Mail Order Houses
Industry Center > Catalog & Mail Order Houses > Borders Group, Inc. Company Profile
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Borders Group, Inc. Company Profile
If you want John Updike or Janet Jackson to go with your java, Borders could be for you. The #2 US bookstore operator (after Barnes & Noble), Borders Group runs about 400 Borders superstores in about 45 states and Puerto Rico, as well as roughly 175 small-format shops under the Waldenbooks, Borders Express, and Borders Outlet banners. Borders superstores offer up to 170,000 book, music, and movie titles, and most feature Seattle's Best Coffee shops (thanks to a licensing agreement with owner Starbucks). The company also peddles products via its website. Faced with declining sales and mounting debts, Borders filed for bankruptcy in early 2011. Unable to find a buyer, the chain is going out of business.
More on Borders Group, Inc.
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Contact Information
Address: 100 Phoenix Dr.
Ann Arbor, MI 48108
Financial Highlights
Fiscal Year End:January
Revenue (2011):2274.90 M
Revenue Growth (1 yr):(-19.40%)
Employees (2011):16,400
Employee Growth (1 yr):(-20.40%)
Key People
Chairman and CEO: Bennett S. LeBow
President; President and CEO, Borders, Inc.: Michael J. (Mike) Edwards
EVP and CFO: Scott D. Henry
Industry Information
Sector: Services
Industry: Catalog & Mail Order Houses
Top Competitors, Inc. (amzn)
Barnes & Noble, Inc. (bks)
Books-A-Million, Inc. (bamm)

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