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448:, which had acquired mall-based book chain Waldenbooks eight years earlier. Kmart had struggled with the book division, having first tinkered with the assortment and later with discounting. In the Borders acquisition, Kmart merged the two companies in hopes that the experienced Borders senior management could bail out floundering Waldenbooks. Instead, many of the Borders senior management team left the company, leaving behind an even larger and more unwieldy division for Kmart executives to handle on the heels of aggressive expansions by rivals
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Lansing for years and Harvey Robin had been a local restorer of rare books, who moved his bindery upstairs. Wahr's had been mainly a textbook and school supplies vendor, but the brothers did not deal in textbooks. They moved the retail bookshop to much larger quarters that had become available down the street at 303 South State, in the former location of the Wagner and Son men's clothing store. The old shop was renamed
Charing Cross Bookshop and Tom Frick was sent over from the new bookshop to help.
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567:, which is the world's biggest mall built in a single phase, with 7.5 million square feet (700,000 m). The store in Berjaya Times Square was advertised as being the world's biggest Borders at 60,000 square feet (5,600 m); however, this has since changed with the closure of one level of the store. Borders's second store in Malaysia is located in The Curve,
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and purchase information from being transferred to Barnes & Noble. On
October 1, 2011, Borders cardholders were informed by email: "As part of Borders ceasing operations, we Barnes & Noble acquired some of its assets including Borders brand trademarks and their customer list." The federal bankruptcy court approved this sale on September 26, 2011.
768:(A&P). Following his announcement, Borders stock fell below one dollar per share. During his tenure at Borders, all of the top executive officers resigned (or were encouraged to leave), including some who had been with the company for over 20 years. Mike Edwards (vice president and chief merchandising officer) was appointed interim CEO.
786:, president and CEO of Vector Group, joined the board of directors. Following the resignation of chairman Mick McGuire, LeBow was elected chairman of the board. On June 3, LeBow became CEO of Borders Group. Mike Edwards was confirmed as president of Borders Group and CEO of Borders, Inc., the company's principal subsidiary.
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On March 30, 2009, Marshall announced that the loan from
Pershing Square would be extended for another year (coming due on April 1, 2010), at an interest rate of 9.8%. This, combined with a series of layoffs and new promotional deals with major publishers, caused Borders stock to rise. Within a week,
696:
In March 2008, Borders Group announced the intention to sell the chain because of financial difficulties. Borders Books was rumored to have approached Barnes & Noble in hopes of a buyout. The chain was in debt, having increased its financial instability by borrowing US$ 42.5 million in March
709:
to stay afloat in the future. Following the announcement of the loan, Borders's shares dropped 28.6% to $ 5.07/share. The shares continued to drop throughout the year, and as of
December 11, 2009, Borders stocks were trading at $ 1.30 on the NYSE, which was up almost a point from a low of $ 0.530 on
670:
Borders Group also launched a customer appreciation program called
Borders Rewards. In contrast to a membership from Barnes & Noble, which was a paid-for membership that entitled customers to discounts, Borders Rewards was a free program with discount coupons and the ability to earn store credit
891:
The
Borders online store closed on September 27, 2011, at 10:30 pm Eastern. A banner then appeared on their website allowing users to browse, but directed them to Barnes & Noble to complete their purchases. All Borders customers had until October 29, 2011, to prevent their personal contact
875:
Books-A-Million later resurrected its offer to buy portions of
Borders Group, purchasing the leases for 21 stores primarily in New England and Pennsylvania. Borders USA closed its remaining stores on Sunday, September 18, 2011. The last remaining Singaporean Borders store in Parkway Parade Shopping
732:
of $ 2.09 million. Mark
Bierley was also promoted to chief financial officer, replacing Ed Wilhelm. The changes in management were due to Borders's holiday sales having fallen by 11.7% to $ 868.8 million. On January 13, Mick McGuire, a former partner at Pershing Square, became chairman of
851:
A group of
Borders creditors rejected the Direct Brands takeover bid in July 2011. Borders filed for an auction and the motion was approved by a judge; however, the bid deadline expired on July 17 without a bidder. A United States bankruptcy judge approved a petition to liquidate; this resulted in
414:
In 1975, they bought out the stock of Wahr's, an 80-year-old bookstore that was ending business at 316 South State Street, and hired
Michael Hildebrand and Harvey James Robin to stock it with rare books and manage the old shop. Hildebrand had managed Gibson's used and rare book department in East
508:
Ltd. was established as a Borders Group subsidiary and with its Borders and Books etc. After quickly becoming one of the country's leading booksellers, due to the fierce competition in the UK marketplace, a number of the Books etc. stores closed, and Borders (UK) Ltd. was sold in 2007 to a
512:
In the third quarter of 2006, the Singapore store emerged as the best performing among the group's 559 outlets, with the highest revenue generated per square meter. At one point, the highest-grossing location in US territory was a remodeled and expanded store in Puerto Rico, generating $
47:
335:
firm Najafi Companies, Borders was not able to find a buyer acceptable to its creditors before its July bidding deadline, so it began liquidating its remaining 399 retail outlets, with the last remaining stores closing in September. The Chapter 11 case was ultimately converted to
456:. Facing its own fiscal problems and intense pressure from stockholders, Kmart spun off Borders in 1995, in a highly structured stock-purchase plan. The newly formed company was initially called Borders-Walden Group and, by the end of the same year, renamed simply Borders Group.
611:
Also in March 2007, Borders Group announced the disposal of its Ireland and UK businesses, including its Books etc. business in the UK, with the aim of revitalizing the core US business; however, it was also announced that Borders Group would retain the
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In late 2007, Borders installed digital video monitors in select stores. The monitors displayed special programs, as well as news, sports, and financial information provided through Ripple Networks, Inc., a California-based marketing service.
347:
By the end of December 2009, Borders employed an estimated 1,150 staff across its UK stores, which went into bankruptcy administration before the end of 2009. All stores were closed by December 31, 2009. Borders Group also formerly
671:
for purchases. In addition, in September 2009, following the lead of Barnes & Noble, the chain discontinued its fee-based wireless service provided by T-Mobile and began implementing a free Wi-Fi network provided by Verizon.
2801:
856:. On July 22, 2011, Borders started closing its remaining 399 stores with a phased roll-out. Business operations ceased in September 2011. Former rival and the current second-largest chain of bookstores in the United States,
760:
Holiday sales figures for 2009 were "disappointing", with total sales of $ 846.8 million, (~$ 1.17 billion in 2023) down 14.7% from the previous year. Employees reported that major cuts were made in payroll hours.
623:
for an initial £20 million. However, after changing hands in 2009, Borders in Ireland and the UK went into administration on November 26, 2009. After failing to find a buyer, all the stores were shut on December 22, 2009.
744:
On August 11, 2009, Borders revealed the names of the replacements for five of the eight members of the board of directors, who had previously announced their intentions to quit. The new members included Paul J. Brown of
485:
Borders was rumoured to open stores in Canada, starting with a 50,000-square-foot (4,600 m) retail store in Toronto. However, this was rejected for failing to meet Canadian ownership regulations for book retailers.
756:
On November 5, 2009, Borders announced that it would close some of its Waldenbooks stores in an effort to improve the profitability of its Specialty Retail operations. By January 2010, 182 stores had been closed.
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876:
Center, closed its doors at 9 pm (Singapore time) after a final sale on Monday, September 26, 2011. However, international Borders stores are still operating in Malaysia and Middle Eastern countries such as
860:, had made a bid to acquire 30 to 35 stores and their assets on July 19, 2011, the day liquidation was approved by the courts. However, the two sides were unable to come to an agreement suitable to all parties.
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in the United States. At that time, the Borders bookshop chain in the UK started a closing down sale in all of its 45 stores. On December 14, Borders UK converted to liquidation (which is equivalent to
1193:
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A going concern sale of the Company's business and assets was not possible despite best endeavours. Accordingly, the Administrators ceased the operations of the business and all stores are now closed.
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The downtown Ann Arbor store moved across the street again in 1994 to 612 East Liberty Street, at the southwest corner of Liberty and State Streets, in the building once occupied by the defunct
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reported that Borders would be delaying its payments to publishers for inventory already received, to preserve liquidity. This was prompted by problems in refinancing its credit facilities.
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Borders Group announced on July 1, 2011, that it had found a bidder, Direct Brands, that would acquire the assets for $ 215 million and the assumption of $ 220 million in debt.
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At the beginning of 2010, the company operated 511 Borders superstores in the United States. The company also operated 175 stores in the Waldenbooks Specialty Retail segment, including
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In 1994, Borders briefly operated a mall-based toy store called All Wound Up, which sold toys and novelty items. Most All Wound Up stores were seasonal kiosks in shopping malls.
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In March 2007, the company announced the end of its marketing alliance with Amazon begun six years earlier, as well as plans to launch its own online business in early 2008.
635:
In 2008, Borders opened 14 concept stores nationwide, which included a Digital Center, offering select electronic devices such as MP3 players, digital photo frames, and the
2779:
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purchased lifetime rights to the Borders brand in the Middle East in 2015, and subsequently diversified it into a merchandise mix consisting of books, toys and stationery.
379:
purchased lifetime rights to the Borders brand in the Middle East in 2015, and subsequently diversified it into a merchandise mix consisting of books, toys and stationery.
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2626:
880:, Oman, Qatar, Kuwait, and Bahrain. These Borders stores are now under different ownership from the original Borders Group, and were unaffected by their store closures.
2163:
579:
in Dubai, UAE in October 2006. Despite financial difficulties in the domestic market, Borders continued to expand its franchises, adding stores in Malaysia, Oman, and
771:
On March 31, 2010, Borders announced that the loan from Pershing Square had been paid in full. In early April, the company's stock had rebounded to $ 2.78 per share.
737:
it had topped the $ 1.00 mark. By mid-April, it had approached $ 2.00. As a result, the company cancelled plans to ask its shareholders for permission to perform a
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By the end of 2009, all of Borders's directly owned overseas locations had been sold or closed, leaving only the franchise stores in Dubai, Oman, and Malaysia.
497:, which was then the largest bookstore there. It subsequently opened another 41 stores in Australia, Ireland, New Zealand, and the United Kingdom and bought 35
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On January 5, 2009, the company announced that Ron Marshall would immediately take over as chief executive. Former CEO George L. Jones received a
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In September 2007, it was announced that the 42 Borders and 28 Books etc. stores in Ireland and the UK had been sold to private-equity group
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In March 2007, Borders Group announced it would scale down the number of Waldenbooks outlets it had by half, to about 300, in the next year.
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364:. The stores continued to operate under the Borders brand as the unaffiliated "Borders Asia Pacific" until RedGroup was placed into
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316:, United States. In its final year, the company employed about 19,500 people throughout the U.S., primarily in its Borders and
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The last year that Borders made a profit was in 2006. Its yearly income dropped by $ 1 billion over the next four years.
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2004:
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to create Borders Personal Publishing. Through this, authors could self-publish their work through Borders and its website.
705:. The loan was said to have a very high interest rate of 12.5%, which meant that the chain would have to post a significant
489:
In 1997, the company established its first international store in Singapore, occupying 32,000 square feet (3,000 m) in
3909:
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Department Store. Although not the original location, it was identified as "Borders #1" because it was the flagship store.
822:, listing $ 1.275 billion in assets and $ 1.293 billion in debts in its filing. The company also announced the
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bankruptcy protection and began liquidating 226 of its stores in the United States. Despite a purchase offer from the
1489:
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1930:"Ripple's high-definition screens heading for borders: company can fine-tune videos to chain's different locations"
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17 million in sales annually. Another notably large and successful location in the U.S. was located at
327:, Borders Express, Borders airport stores, and Borders Outlet stores. In February 2011, Borders applied for
3613:
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Office equipment 'For Sale' sign at Borders corporate headquarters, 100 Phoenix Drive, Ann Arbor, Michigan
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in the US) and announced it was going out of business. All UK stores were closed by the end of the year.
219:
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for a trial period in 2013, but that store was shortly after converted to a regular Popular book store.
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958:
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store to allow books to be directly downloaded to an e-reader device or a Borders eReader app for the
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Philip Duffy, Geoff Bouchier and David Whitehouse of MCR (Joint Administrators) (December 23, 2009).
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807:
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The company reported significant losses for the third quarter, compared to 2009. At the end of 2010,
656:
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296:
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1118:"Borders Reaches Agreement to Sell Australia/New Zealand/Singapore Business to A&R Whitecoulis"
883:
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and Najafi Companies, expressed interest in purchasing half of the remaining Borders Group stores.
627:
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55:
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On November 26, 2009, Borders (UK) Ltd was placed into administration, which is the equivalent to
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675:
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353:
226:
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30:
This article is about the international book store chain. For the Scottish geologic unit, see
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701:, the company's major stockholder, to keep the company running through the remainder of the
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stationery business. International expansion would be likely to continue via franchising.
8:
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900:
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and the Australian stores gradually shut down, with the last group closing in July 2011.
313:
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61:
2164:"Borders Group names Ron Marshall chief executive, Mark Bierley chief financial officer"
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Dubai retailer shows how to turnaround a bankrupt global brand into regional powerhouse
1224:"For Dubai's Al Maya Group, the final word has not been written on Borders' bookstores"
369:
782:, was making a large private investment in Borders stock. As a result, both LeBow and
3821:
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2005:"Article: Borders launches Borders Rewards in the US.(Brief Article) – M2 Best Books"
1975:"Leveraging The Borders Rewards Program For Solid Savings On Entertainment Purchases"
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963:
729:
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580:
568:
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341:
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1951:
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1544:"Borders bookstore goes bankrupt after trying to become America's version of Indigo"
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411:. The first Borders bookshop opened at 209 South State Street, Ann Arbor, in 1971.
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in late 2012. In an attempt to revive the brand, a single Borders store opened in
605:
to operate cafes in its domestic superstores under the Seattle's Best brand name.
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2738:"Books-A-Million (BAMM) Submits Bid to Acquire Interests in 30 Borders Locations"
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2008:
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Journal, Patrick M. ReillyStaff Reporter of The Wall Street (November 13, 1998).
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857:
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2802:"Books-A-Million says talks to buy 30 Borders store leases, assets unsuccessful"
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2917:"Barnes & Noble CEO on Borders' demise and the future of Borders customers"
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836:
714:
698:
572:
490:
332:
72:
2667:"Borders seeks bankruptcy court approval to liquidate, shutter all 399 stores"
764:
On January 26, 2010, CEO Ron Marshall resigned to become president and CEO of
674:
The Australian, New Zealand, and Singaporean stores were sold in June 2008 to
559:
In April 2005, Borders Group opened its first franchise store with Malaysia's
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2690:"Books-A-Million Seeks Westward Expansion With Purchase Of 35 Borders Stores"
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1026:
942:. Although branded as a Borders store, it was actually handled by Kobo, Inc.
907:
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863:
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560:
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779:
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In 2003, Borders had 1,249 stores using the Borders and Waldenbooks names.
505:
494:
468:
264:
31:
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apps and users could transfer their Borders eBooks to their Kobo library.
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in Australia, New Zealand, and Singapore. However, these were sold off to
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In 1998, Philip Pfeffer succeeded Robert DiRomualdo as chief executive.
436:
president Robert F. DiRomualdo was hired in 1989 to expand the company.
3904:
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3788:
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3250:
3013:
2862:"Books-A-Million targets 14 Borders locations in Bankruptcy Court deal"
1772:"Borders Group Names Pfeffer CEO; Results Swing to a Loss of $ 800,000"
1547:
935:
663:. The latest Borders Digital Center opened in Alameda in January 2008.
281:
260:
682:), which then formed a new company, RedGroup Retail, to pay off debt.
575:, Penang on December 7, 2006. Borders opened a franchise store in the
3861:
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3217:
3201:
3191:
1907:
598:
252:
477:
3806:
3187:
3113:
2084:"10 lessons from the collapse of Borders and Angus & Robertson"
1619:
796:
256:
208:
818:
On February 16, 2011, the company announced that it had filed for
403:, United States, where it was founded in 1971 by brothers Tom and
3598:
3472:
3400:
3349:
3337:
3327:
2960:"Borders sale may sell most bookstores in 2-4 weeks, lawyer says"
2432:"Bankrupt Borders Finds a Buyer, Plans to Sell For $ 215 Million"
1194:"The end: Borders last Australian stores to close by end of July"
46:
3455:
3296:
3264:
3254:
3143:
2757:"Borders, Books-A-Million fail to reach deal to save 30 stores"
2555:"Borders Closer to Liquidation; Deadline Passes Without Bidder"
1808:"Winston-Salem Borders store to remain open despite bankruptcy"
927:
640:
368:
in February 2011; with the five New Zealand stores sold to the
97:
3063:
521:, but the store sustained damage and was closed following the
3783:
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3686:
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3207:
3181:
3164:
3133:
3129:
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3091:
2780:"Borders Is Really Done, As Books-A-Million Deal Falls Apart"
919:
1728:
2942:"Borders Launches eBook Store, BlackBerry and Android Apps"
2354:"Ann Arbor bookstore chain files for Chapter 11 bankruptcy"
931:
240:
2880:"Books-A-Million wants to buy leases of 14 Borders stores"
2518:"Borders Faces Liquidation After Takeover Bid's Rejection"
2058:"Borders pulls a B&N, offers free WiFi to all patrons"
945:
On June 3, 2011, the Borders eReader apps were changed to
639:. The concept stores were located in Ann Arbor, Michigan;
501:
stores throughout Britain from Philip and Richard Joseph.
1844:"Barnes & Noble Welcomes Borders Bookstore Customers"
1464:
244:
2033:. Michigan. PR Newswire. August 21, 2007. Archived from
1298:"Wahr's Bookstore: Ann Arbor's Longest Lasting Bookshop"
2843:"Books-A-Million resurrects offer to buy Borders store"
248:
4076:
Companies that filed for Chapter 11 bankruptcy in 2011
2031:"Borders Rewards Program Surpasses 20 Million Members"
4071:
Companies that filed for Chapter 7 bankruptcy in 2011
1729:"MCR appointed Administrator to Borders (UK) Limited"
826:
and closing of 226 stores. Two private-equity firms,
407:
during their undergraduate and graduate years at the
2981:
2619:"Borders going-out-of-business sale starts tomorrow"
1615:"Borders bookshops in the UK go into administration"
1434:"Kmart completes Borders acquisition - UPI Archives"
418:
In 1985, the company opened its second location, in
969:
List of retailers affected by the retail apocalypse
4066:Companies that have filed for Chapter 7 bankruptcy
2401:"Najafi Cos in discussions to buy Borders -report"
1461:"The death and life of a great American bookstore"
631:Borders headquarters building, Ann Arbor, Michigan
2897:Borders Facebook page with list of store closings
2825:"Books-A-Million drops bid to buy Borders stores"
2720:"Borders Asks Permission To Sell Stores To Rival"
2642:"It's Official: Borders Is Going Out of Business"
1700:"It's the last chapter for books venture Borders"
724:Borders store interior, San Francisco, California
344:acquired Borders's trademarks and customer list.
4002:
2477:"Direct Brands bids $ 450M for Borders's assets"
1375:"Two Bookselling Chains Are Stepping Up the War"
1272:"Borders No. 1, where it all began in Ann Arbor"
988:"Borders books to close, along with 10,700 jobs"
895:The Borders brand in Singapore was purchased by
852:the company converting their Chapter 11 case to
2499:"Report: Direct Brands to buy bankrupt Borders"
2458:"Borders Picks Najafi Companies as Lead Bidder"
2253:Various corporate news releases throughout 2009
1408:"Kmart to acquire Borders books - UPI Archives"
1141:"Borders Australia closures sees 500 jobs lost"
713:Also in 2008, Borders signed an agreement with
2195:"Borders Group names Mick McGuire as chairman"
2139:"Executives Replaced at Borders as Sales Fall"
399:The original Borders bookstore was located in
4016:Defunct retail companies of the United States
3614:
3049:
1950:. Borders. September 27, 2007. Archived from
1132:
802:
2515:
2455:
1167:"The end: Borders to close remaining stores"
2777:
2291:"Borders shares dive on cash flow concerns"
597:In 2004, Borders reached an agreement with
586:
481:The former flagship Borders Singapore store
4061:Bookstores established in the 20th century
3621:
3607:
3056:
3042:
2516:de la Merced, Michael J. (July 13, 2011).
2456:de la Merced, Michael J. (June 30, 2011).
1802:
1800:
1643:"Borders Bookstores Closing Down for Good"
462:
54:
45:
1541:
1158:
360:) in 2008, then were later sold again to
2262:Corporate News Release, January 26, 2010
2244:Corporate News Release, January 18, 2010
1373:Reilly, Patrick M. (September 3, 1996).
1217:
1215:
882:
862:
835:
806:
766:The Great Atlantic & Pacific Tea Co.
719:
626:
547:
476:
439:
386:
4041:Retail companies disestablished in 2011
2081:
1797:
1769:
1753:"Borders Store in Mall of the Emirates"
1558:
1481:Vault Guide to the Top Retail Employers
1458:
1295:
1164:
1138:
14:
4031:American companies established in 1971
4021:Companies based in Ann Arbor, Michigan
4003:
2822:
2582:"Judges approves Borders' liquidation"
2429:
2192:
2132:
2130:
2128:
1583:"Borders de Plaza era una mina de oro"
1477:
1372:
1346:
1090:
774:On May 21, 2010, it was revealed that
3602:
3037:
2859:
2754:
2639:
2616:
2600:"Borders seeks approval to liquidate"
2552:
2474:
2351:
2111:"Borders Dumps Amazon, Heads for Web"
2055:
1574:
1542:Weisblott, Marc (February 17, 2011).
1269:
1212:
1064:
1012:
60:The company's former headquarters in
4036:Retail companies established in 1971
2778:Hazard Owen, Laura (July 26, 2011).
2687:
2333:from the original on October 9, 2022
2136:
2082:Thomson, James (February 18, 2011).
2056:Murph, Darren (September 30, 2009).
1972:
1697:
1580:
1459:Leopold, Todd (September 12, 2011).
1221:
685:
571:. The third Borders store opened in
27:American book retailer, 1971 to 2011
4026:Defunct companies based in Michigan
2914:
2352:Bomey, Nathan (February 16, 2011).
2317:"Borders Group Chapter 11 Petition"
2280:Borders press release, June 3, 2010
2271:Borders press release, May 21, 2010
2125:
2108:
2007:. February 22, 2006. Archived from
1820:. February 16, 2011. Archived from
1673:"Borders starts closing down sales"
1649:. November 26, 2008. Archived from
1091:Koenig, Chris (December 10, 2009).
1013:Clark, Andrew (February 13, 2011).
918:On July 7, 2010, Borders opened an
543:
24:
4051:2011 disestablishments in Michigan
3628:
1874:"Borders sells its UK book stores"
699:Pershing Square Capital Management
563:in Kuala Lumpur. It is located in
25:
4087:
2977:
2860:Swant, Martin (August 25, 2011).
2193:Ittner, John (January 13, 2009).
2170:. January 6, 2009. Archived from
1948:"Borders Books, Music and Movies"
1900:"Go Digital – We'll Show You How"
1698:Judd, Terri (December 14, 2009).
1571:(Life!), November 15, 2006, p. 10
1270:Brush, Mark (February 25, 2011).
1067:"Bookstore Chain Borders Is Dead"
3867:Sears Hometown and Outlet Stores
3012:
2998:
2984:
2915:Lee, Stephan (October 1, 2011).
2823:Eckert, Barton (July 26, 2011).
2536:"Judge approves Borders auction"
2137:Rich, Motoko (January 6, 2009).
1973:Hamm, Trent (January 29, 2007).
1565:"S'pore store is Borders' No. 1"
1513:"Borders(R) Gets 'All Wound Up'"
1139:Zappone, Chris (April 7, 2011).
820:Chapter 11 bankruptcy protection
530:Chapter 11 bankruptcy protection
444:Borders was acquired in 1992 by
4046:1971 establishments in Michigan
4011:Bookstores of the United States
2952:
2934:
2908:
2890:
2872:
2853:
2835:
2816:
2808:. July 26, 2011. Archived from
2794:
2771:
2755:Bomey, Nathan (July 26, 2011).
2748:
2730:
2712:
2681:
2673:. July 18, 2011. Archived from
2659:
2633:
2610:
2592:
2574:
2546:
2528:
2509:
2491:
2468:
2449:
2423:
2393:
2371:
2345:
2309:
2283:
2274:
2265:
2256:
2247:
2238:
2212:
2186:
2156:
2109:Aun, Fred J. (March 23, 2008).
2102:
2075:
2049:
2023:
1997:
1966:
1940:
1922:
1892:
1866:
1836:
1763:
1745:
1720:
1691:
1665:
1635:
1607:
1535:
1505:
1471:
1452:
1426:
1400:
1366:
1347:Krause, Steve (July 24, 2011).
1340:
1315:
1289:
1263:
1237:
1165:Zappone, Chris (June 2, 2011).
1015:"Borders poised for bankruptcy"
678:(who also own local competitor
2966:. June 3, 2011. Archived from
2640:Ovide, Shira (July 21, 2011).
2617:Reidy, Chris (July 21, 2011).
2553:Magee, David (July 18, 2011).
2407:. June 7, 2011. Archived from
2220:"New Borders Directors Chosen"
2086:. SmartCompany. Archived from
1581:Díaz, Marian (July 20, 2011).
1296:Alloway, Gene (June 4, 2021).
1243:
1186:
1110:
1084:
1065:Ovide, Shira (July 18, 2011).
1058:
1040:
1006:
980:
913:
308:was an American multinational
13:
1:
4056:1992 mergers and acquisitions
2688:Owen, Laura (July 21, 2011).
2475:Guest, Greta (July 2, 2011).
2430:Hayden, Erik (July 1, 2011).
2378:Chapter 11 Store Closure List
1936:– via The Free Library.
974:
867:One of the Borders stores in
813:Pittsfield Township, Michigan
2560:International Business Times
1934:Los Angeles Business Journal
1591:(in Spanish). Archived from
1222:Nair, Manoj (July 9, 2021).
753:, and Dan Rose of Facebook.
125:September 28, 2011
7:
1048:"Log in or Sign Up to View"
952:
554:Chapel Hill, North Carolina
109:; 53 years ago
10:
4092:
3915:Homart Development Company
3589:(including local entities)
3068:and book superstore chains
2902:September 4, 2015, at the
2829:Baltimore Business Journal
959:Books in the United States
803:Bankruptcy and liquidation
649:Panama City Beach, Florida
466:
382:
29:
3930:Pace Membership Warehouse
3880:
3857:National Tire and Battery
3797:
3761:
3700:
3679:
3653:
3636:
3579:
3488:
3465:
3414:
3359:
3306:
3285:
3278:
3237:
3174:
3153:
3080:
3073:
1484:. Vault Inc. p. 40.
1172:The Sydney Morning Herald
842:Second Avenue (Manhattan)
840:Empty shelves inside the
657:Monroeville, Pennsylvania
509:private-equity investor.
292:
280:
270:
259:, gift packs, magazines,
236:
195:
185:
168:
158:
136:
121:
103:
93:
78:
68:
53:
44:
3646:, Chairman (major owner)
3587:List of bookstore chains
2503:Wichita Business Journal
878:the United Arab Emirates
733:the board of directors.
587:Changes in business plan
366:voluntary administration
3925:Orchard Supply Hardware
3872:Sears Roebuck de México
3852:Martha Stewart Everyday
3334:Suomalainen Kirjakauppa
2646:The Wall Street Journal
2383:April 29, 2011, at the
1776:The Wall Street Journal
1478:Pasiuk, Laurie (2005).
1379:The Wall Street Journal
1071:The Wall Street Journal
811:Borders store closing,
676:Pacific Equity Partners
561:Berjaya Books Sdn. Bhd.
463:International expansion
420:Beverly Hills, Michigan
391:Borders No.1, downtown
354:Pacific Equity Partners
310:book and music retailer
3452:Indigo Books and Music
2790:on September 30, 2011.
1302:Ann Arbor Book Society
888:
872:
848:
815:
725:
632:
556:
482:
473:Borders (Asia Pacific)
409:University of Michigan
396:
3479:Angus & Robertson
3088:Librairie Avant-Garde
2812:on December 11, 2018.
2411:on September 24, 2015
1813:Winston-Salem Journal
1554:on December 27, 2012.
1349:"Boarding up Borders"
1128:on September 4, 2015.
886:
866:
839:
810:
749:, Timothy V. Wolf of
723:
680:Angus & Robertson
630:
621:Risk Capital Partners
603:Seattle's Best Coffee
551:
480:
440:Kmart and Waldenbooks
390:
358:Angus & Robertson
218:Mike Edwards (former
3827:Dean Witter Reynolds
3671:Richard Warren Sears
3666:Alvah Curtis Roebuck
2921:Entertainment Weekly
2700:on February 25, 2021
2090:on September 4, 2015
1880:. September 21, 2007
1824:on February 19, 2011
1653:on December 13, 2009
1595:on November 20, 2012
653:Noblesville, Indiana
577:Mall of the Emirates
565:Berjaya Times Square
523:September 11 attacks
515:5 World Trade Center
225:Scott Henry (former
144:Chapter 7 bankruptcy
3883:acquired properties
3728:Harry B. Cunningham
3224:National Book Store
2806:The Washington Post
2671:The Washington Post
2297:. December 31, 2010
2174:on February 3, 2009
2011:on October 26, 2012
1679:. November 29, 2009
1623:. November 26, 2009
1523:on October 13, 2014
739:reverse stock split
661:Alameda, California
552:A Borders store in
401:Ann Arbor, Michigan
393:Ann Arbor, Michigan
356:(which owned rival
340:. Rival bookseller
314:Ann Arbor, Michigan
306:Borders Group, Inc.
272:Number of employees
187:Number of locations
175:Ann Arbor, Michigan
172:100 Phoenix Drive,
62:Ann Arbor, Michigan
41:
40:Borders Group, Inc.
3935:PayLess Drug Store
3713:Joseph E. Antonini
3637:Current management
3422:Barnes & Noble
2886:. August 25, 2011.
2849:. August 25, 2011.
2767:on March 21, 2012.
2522:The New York Times
2481:Detroit Free Press
2462:The New York Times
2358:The Ann Arbor News
2143:The New York Times
2037:on August 19, 2009
1954:on January 9, 2010
1848:Barnes & Noble
1647:The London Insider
1440:. October 30, 1992
1327:C&G Newspapers
1323:"Bye, bye Borders"
1093:"Borders on brink"
889:
873:
849:
816:
726:
710:January 28, 2009.
633:
557:
483:
450:Barnes & Noble
397:
370:James Pascoe Group
342:Barnes & Noble
163:Barnes & Noble
98:Retail (specialty)
39:
3998:
3997:
3910:The Great Indoors
3748:Edward R. Telling
3718:Edward A. Brennan
3596:
3595:
3410:
3409:
3274:
3273:
2970:on June 14, 2011.
2742:StreetInsider.com
2677:on July 19, 2011.
2629:on July 24, 2011.
2226:. August 11, 2009
2224:Publishers Weekly
1979:The Simple Dollar
1569:The Straits Times
1414:. October 3, 1992
1353:stevendkrause.com
1276:michiganradio.org
964:Retail apocalypse
844:Borders store in
730:severance package
686:Declining profits
645:Las Vegas, Nevada
569:Mutiara Damansara
303:
302:
16:(Redirected from
4083:
3970:Sports Authority
3812:American Freight
3738:W. Bruce Johnson
3708:James B. Adamson
3623:
3616:
3609:
3600:
3599:
3442:Half Price Books
3283:
3282:
3161:Oxford Bookstore
3140:Eslite Bookstore
3078:
3077:
3058:
3051:
3044:
3035:
3034:
3028:Official Website
3022:
3017:
3016:
3008:
3006:Companies portal
3003:
3002:
3001:
2994:
2989:
2988:
2987:
2972:
2971:
2956:
2950:
2949:
2938:
2932:
2931:
2929:
2927:
2912:
2906:
2894:
2888:
2887:
2876:
2870:
2869:
2857:
2851:
2850:
2839:
2833:
2832:
2820:
2814:
2813:
2798:
2792:
2791:
2786:. Archived from
2775:
2769:
2768:
2763:. Archived from
2752:
2746:
2745:
2744:. July 21, 2011.
2734:
2728:
2727:
2726:. July 21, 2011.
2724:Click on Detroit
2716:
2710:
2709:
2707:
2705:
2696:. Archived from
2685:
2679:
2678:
2663:
2657:
2656:
2654:
2652:
2637:
2631:
2630:
2625:. Archived from
2614:
2608:
2607:
2606:. July 18, 2011.
2596:
2590:
2589:
2588:. July 21, 2011.
2578:
2572:
2571:
2569:
2567:
2550:
2544:
2543:
2542:. July 15, 2011.
2532:
2526:
2525:
2513:
2507:
2506:
2495:
2489:
2488:
2487:on July 5, 2011.
2483:. Archived from
2472:
2466:
2465:
2453:
2447:
2446:
2444:
2442:
2427:
2421:
2420:
2418:
2416:
2397:
2391:
2375:
2369:
2368:
2366:
2364:
2349:
2343:
2342:
2340:
2338:
2332:
2321:
2313:
2307:
2306:
2304:
2302:
2287:
2281:
2278:
2272:
2269:
2263:
2260:
2254:
2251:
2245:
2242:
2236:
2235:
2233:
2231:
2216:
2210:
2209:
2207:
2205:
2190:
2184:
2183:
2181:
2179:
2160:
2154:
2153:
2151:
2149:
2134:
2123:
2122:
2121:on May 24, 2007.
2117:. Archived from
2115:E-Commerce Times
2106:
2100:
2099:
2097:
2095:
2079:
2073:
2072:
2070:
2068:
2053:
2047:
2046:
2044:
2042:
2027:
2021:
2020:
2018:
2016:
2001:
1995:
1994:
1992:
1990:
1985:on June 10, 2010
1981:. Archived from
1970:
1964:
1963:
1961:
1959:
1944:
1938:
1937:
1926:
1920:
1919:
1917:
1915:
1906:. Archived from
1896:
1890:
1889:
1887:
1885:
1870:
1864:
1863:
1861:
1859:
1854:on July 20, 2007
1850:. Archived from
1840:
1834:
1833:
1831:
1829:
1818:Associated Press
1804:
1795:
1794:
1792:
1790:
1767:
1761:
1760:
1749:
1743:
1742:
1737:
1735:
1724:
1718:
1717:
1715:
1713:
1695:
1689:
1688:
1686:
1684:
1669:
1663:
1662:
1660:
1658:
1639:
1633:
1632:
1630:
1628:
1611:
1605:
1604:
1602:
1600:
1578:
1572:
1562:
1556:
1555:
1550:. Archived from
1539:
1533:
1532:
1530:
1528:
1519:. Archived from
1509:
1503:
1502:
1500:
1498:
1475:
1469:
1468:
1456:
1450:
1449:
1447:
1445:
1430:
1424:
1423:
1421:
1419:
1404:
1398:
1397:
1395:
1393:
1370:
1364:
1363:
1361:
1359:
1344:
1338:
1337:
1335:
1333:
1319:
1313:
1312:
1310:
1308:
1293:
1287:
1286:
1284:
1282:
1267:
1261:
1260:
1258:
1256:
1241:
1235:
1234:
1219:
1210:
1209:
1207:
1205:
1190:
1184:
1183:
1181:
1179:
1162:
1156:
1155:
1153:
1151:
1136:
1130:
1129:
1124:. Archived from
1114:
1108:
1107:
1105:
1103:
1088:
1082:
1081:
1079:
1077:
1062:
1056:
1055:
1044:
1038:
1037:
1035:
1033:
1010:
1004:
1003:
1001:
999:
984:
897:Popular Holdings
776:Bennett S. LeBow
544:Franchise stores
205:Bennett S. LeBow
132:
130:
117:
115:
110:
58:
49:
42:
38:
21:
4091:
4090:
4086:
4085:
4084:
4082:
4081:
4080:
4001:
4000:
3999:
3994:
3895:Builders Square
3882:
3876:
3842:Kmart Australia
3817:Coldwell Banker
3793:
3757:
3723:Charles Conaway
3696:
3675:
3649:
3632:
3627:
3597:
3592:
3575:
3484:
3461:
3432:Books-A-Million
3406:
3355:
3302:
3270:
3245:Jarir Bookstore
3233:
3214:Times Bookstore
3170:
3149:
3069:
3062:
3018:
3011:
3004:
2999:
2997:
2992:Michigan portal
2990:
2985:
2983:
2980:
2975:
2958:
2957:
2953:
2948:. July 7, 2010.
2940:
2939:
2935:
2925:
2923:
2913:
2909:
2904:Wayback Machine
2895:
2891:
2878:
2877:
2873:
2858:
2854:
2847:The Suburbanite
2841:
2840:
2836:
2821:
2817:
2800:
2799:
2795:
2784:PaidContent.org
2776:
2772:
2753:
2749:
2736:
2735:
2731:
2718:
2717:
2713:
2703:
2701:
2686:
2682:
2665:
2664:
2660:
2650:
2648:
2638:
2634:
2615:
2611:
2598:
2597:
2593:
2580:
2579:
2575:
2565:
2563:
2551:
2547:
2534:
2533:
2529:
2514:
2510:
2505:. July 5, 2011.
2497:
2496:
2492:
2473:
2469:
2454:
2450:
2440:
2438:
2428:
2424:
2414:
2412:
2399:
2398:
2394:
2385:Wayback Machine
2376:
2372:
2362:
2360:
2350:
2346:
2336:
2334:
2330:
2319:
2315:
2314:
2310:
2300:
2298:
2289:
2288:
2284:
2279:
2275:
2270:
2266:
2261:
2257:
2252:
2248:
2243:
2239:
2229:
2227:
2218:
2217:
2213:
2203:
2201:
2191:
2187:
2177:
2175:
2168:Chicago Tribune
2162:
2161:
2157:
2147:
2145:
2135:
2126:
2107:
2103:
2093:
2091:
2080:
2076:
2066:
2064:
2054:
2050:
2040:
2038:
2029:
2028:
2024:
2014:
2012:
2003:
2002:
1998:
1988:
1986:
1971:
1967:
1957:
1955:
1946:
1945:
1941:
1928:
1927:
1923:
1913:
1911:
1910:on July 8, 2011
1898:
1897:
1893:
1883:
1881:
1872:
1871:
1867:
1857:
1855:
1842:
1841:
1837:
1827:
1825:
1806:
1805:
1798:
1788:
1786:
1768:
1764:
1751:
1750:
1746:
1733:
1731:
1725:
1721:
1711:
1709:
1705:The Independent
1696:
1692:
1682:
1680:
1671:
1670:
1666:
1656:
1654:
1641:
1640:
1636:
1626:
1624:
1613:
1612:
1608:
1598:
1596:
1579:
1575:
1563:
1559:
1540:
1536:
1526:
1524:
1511:
1510:
1506:
1496:
1494:
1492:
1476:
1472:
1457:
1453:
1443:
1441:
1432:
1431:
1427:
1417:
1415:
1406:
1405:
1401:
1391:
1389:
1371:
1367:
1357:
1355:
1345:
1341:
1331:
1329:
1321:
1320:
1316:
1306:
1304:
1294:
1290:
1280:
1278:
1268:
1264:
1254:
1252:
1242:
1238:
1220:
1213:
1203:
1201:
1192:
1191:
1187:
1177:
1175:
1163:
1159:
1149:
1147:
1145:Stuff (company)
1137:
1133:
1116:
1115:
1111:
1101:
1099:
1089:
1085:
1075:
1073:
1063:
1059:
1046:
1045:
1041:
1031:
1029:
1011:
1007:
997:
995:
994:. July 18, 2011
986:
985:
981:
977:
955:
916:
858:Books-A-Million
828:The Gores Group
805:
688:
589:
546:
475:
465:
442:
385:
362:REDgroup Retail
350:operated stores
297:www.borders.com
273:
232:
198:
188:
181:
177:
154:
128:
126:
113:
111:
108:
83:
64:
35:
28:
23:
22:
15:
12:
11:
5:
4089:
4079:
4078:
4073:
4068:
4063:
4058:
4053:
4048:
4043:
4038:
4033:
4028:
4023:
4018:
4013:
3996:
3995:
3993:
3992:
3987:
3982:
3980:Venture Stores
3977:
3972:
3967:
3962:
3957:
3952:
3947:
3942:
3937:
3932:
3927:
3922:
3917:
3912:
3907:
3902:
3897:
3892:
3886:
3884:
3878:
3877:
3875:
3874:
3869:
3864:
3859:
3854:
3849:
3844:
3839:
3834:
3829:
3824:
3819:
3814:
3809:
3803:
3801:
3795:
3794:
3792:
3791:
3786:
3781:
3776:
3771:
3765:
3763:
3759:
3758:
3756:
3755:
3753:Robert E. Wood
3750:
3745:
3740:
3735:
3730:
3725:
3720:
3715:
3710:
3704:
3702:
3698:
3697:
3695:
3694:
3689:
3683:
3681:
3677:
3676:
3674:
3673:
3668:
3663:
3657:
3655:
3651:
3650:
3648:
3647:
3640:
3638:
3634:
3633:
3630:Sears Holdings
3626:
3625:
3618:
3611:
3603:
3594:
3593:
3591:
3590:
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1904:Borders Media
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1246:"By the Book"
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908:Al Maya Group
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869:Petaling Jaya
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792:Business Week
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784:Howard Lorber
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747:Hilton Hotels
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402:
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377:Al Maya Group
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276:19,500 (2010)
275:
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265:encyclopedias
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63:
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52:
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43:
37:
33:
19:
18:Borders Books
3990:Western Auto
3955:Sears Centre
3950:Sears Canada
3920:J.C. Higgins
3889:
3743:Aylwin Lewis
3661:S. S. Kresge
3505:
3496:Amazon Books
3198:Gunung Agung
3020:Books portal
2968:the original
2964:Detroit News
2963:
2954:
2945:
2936:
2924:. Retrieved
2920:
2910:
2892:
2884:Detroit News
2883:
2874:
2865:
2855:
2846:
2837:
2828:
2818:
2810:the original
2805:
2796:
2788:the original
2783:
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2765:the original
2761:AnnArbor.com
2760:
2750:
2741:
2732:
2723:
2714:
2704:February 16,
2702:. Retrieved
2698:the original
2693:
2683:
2675:the original
2670:
2661:
2651:February 16,
2649:. Retrieved
2635:
2627:the original
2622:
2612:
2603:
2594:
2586:Detroit News
2585:
2576:
2566:February 16,
2564:. Retrieved
2558:
2548:
2539:
2530:
2521:
2511:
2502:
2493:
2485:the original
2480:
2470:
2461:
2451:
2441:February 16,
2439:. Retrieved
2436:The Atlantic
2435:
2425:
2415:February 15,
2413:. Retrieved
2409:the original
2404:
2395:
2388:
2373:
2363:February 16,
2361:. Retrieved
2357:
2347:
2335:. Retrieved
2324:PacerMonitor
2323:
2311:
2299:. Retrieved
2294:
2285:
2276:
2267:
2258:
2249:
2240:
2228:. Retrieved
2223:
2214:
2202:. Retrieved
2198:
2188:
2176:. Retrieved
2172:the original
2167:
2158:
2146:. Retrieved
2142:
2119:the original
2114:
2104:
2092:. Retrieved
2088:the original
2077:
2065:. Retrieved
2061:
2051:
2039:. Retrieved
2035:the original
2025:
2013:. Retrieved
2009:the original
1999:
1987:. Retrieved
1983:the original
1978:
1968:
1956:. Retrieved
1952:the original
1942:
1933:
1924:
1914:November 20,
1912:. Retrieved
1908:the original
1903:
1894:
1882:. Retrieved
1877:
1868:
1856:. Retrieved
1852:the original
1847:
1838:
1828:February 17,
1826:. Retrieved
1822:the original
1811:
1789:November 18,
1787:. Retrieved
1775:
1765:
1756:
1747:
1739:
1732:. Retrieved
1722:
1710:. Retrieved
1703:
1693:
1681:. Retrieved
1676:
1667:
1657:November 26,
1655:. Retrieved
1651:the original
1646:
1637:
1625:. Retrieved
1618:
1609:
1597:. Retrieved
1593:the original
1588:El Nuevo Día
1586:
1576:
1564:
1560:
1552:the original
1537:
1527:February 15,
1525:. Retrieved
1521:the original
1516:
1507:
1495:. Retrieved
1480:
1473:
1454:
1442:. Retrieved
1437:
1428:
1416:. Retrieved
1411:
1402:
1392:November 18,
1390:. Retrieved
1378:
1368:
1358:February 16,
1356:. Retrieved
1352:
1342:
1330:. Retrieved
1326:
1317:
1305:. Retrieved
1301:
1291:
1281:February 26,
1279:. Retrieved
1275:
1265:
1255:February 16,
1253:. Retrieved
1250:Northwestern
1249:
1239:
1231:
1227:
1204:February 16,
1202:. Retrieved
1197:
1188:
1176:. Retrieved
1170:
1160:
1148:. Retrieved
1144:
1134:
1126:the original
1121:
1112:
1102:February 16,
1100:. Retrieved
1096:
1086:
1074:. Retrieved
1070:
1060:
1052:facebook.com
1051:
1042:
1030:. Retrieved
1019:The Observer
1018:
1008:
996:. Retrieved
991:
982:
947:Kobo eReader
944:
917:
905:
894:
890:
874:
850:
832:
817:
790:
788:
780:Vector Group
773:
770:
763:
759:
755:
743:
735:
727:
712:
695:
692:
689:
673:
669:
665:
643:, Colorado;
634:
618:
610:
607:
596:
593:
590:
558:
539:
527:
511:
506:Borders (UK)
503:
495:Orchard Road
488:
484:
469:Borders (UK)
458:
443:
431:
424:
417:
413:
398:
374:
346:
322:
305:
304:
282:Subsidiaries
169:Headquarters
69:Company type
36:
32:Border Group
3985:Waldenbooks
3960:Sears Tower
3881:Defunct and
3784:Shopyourway
3566:Waldenbooks
3526:Crown Books
3344:Waterstones
2389:Borders.com
2204:October 27,
2199:MarketWatch
2178:January 11,
2067:January 11,
2041:January 11,
2015:January 11,
1989:January 11,
1958:January 11,
1884:January 11,
1734:January 29,
1712:January 11,
1683:January 11,
1627:January 11,
1517:PR Newswire
1198:news.com.au
1178:October 24,
1150:October 24,
1122:Borders.com
1097:Oxford Mail
914:eBook store
824:liquidation
751:MillerCoors
703:fiscal year
637:Sony Reader
601:subsidiary
454:Crown Books
325:Waldenbooks
318:Waldenbooks
287:Waldenbooks
261:board games
149:Liquidation
4005:Categories
3975:Tele-Games
3965:Silvertone
3905:Gala-Sears
3847:Lands' End
3789:Toughskins
3733:Floyd Hall
3352:(UK-based)
3346:(UK-based)
3251:Steimatzky
3247:(SA-based)
3210:(TH-based)
3184:(TH-based)
3116:(JP-based)
3110:(JP-based)
3108:Kinokuniya
2926:January 3,
2623:Boston.com
2540:Boston.com
1858:August 23,
1548:Yahoo News
975:References
936:BlackBerry
906:In Dubai,
871:, Malaysia
715:Lulu Press
614:Paperchase
499:Books etc.
467:See also:
427:Jacobson's
375:In Dubai,
329:Chapter 11
197:Key people
129:2011-09-28
89:: BGP
3862:OfficeMax
3822:Craftsman
3799:Spin-offs
3779:Thom McAn
3774:Joe Boxer
3680:Retailers
3556:Ottakar's
3516:B. Dalton
3387:Read Shop
3314:Blackwell
3175:Southeast
3066:bookstore
3030:(Archive)
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2148:April 26,
2094:August 2,
1784:0099-9660
1497:August 1,
1387:0099-9660
1228:Gulf News
1032:April 22,
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854:Chapter 7
599:Starbucks
535:Chapter 7
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338:Chapter 7
312:based in
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3098:Page One
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2381:Archived
2328:Archived
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2230:July 21,
2062:Engadget
1878:BBC News
1708:. London
1677:BBC News
1620:BBC News
1307:July 18,
1076:July 28,
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3074:Asia
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2706:2021
2653:2021
2568:2021
2443:2021
2417:2021
2365:2021
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2303:2011
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2206:2021
2180:2010
2150:2010
2096:2014
2069:2010
2043:2010
2017:2010
1991:2010
1960:2010
1916:2010
1886:2010
1860:2007
1830:2011
1791:2019
1780:ISSN
1736:2010
1714:2010
1685:2010
1659:2009
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1420:2023
1394:2019
1383:ISSN
1360:2021
1334:2022
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1000:2020
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253:DVDs
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