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Borders No.1, downtown Ann Arbor, Michigan, 2005. The original Borders bookstore was located in Ann Arbor, Michigan, United States, where it was founded in 1971 [11] by brothers Tom and Louis Borders during their undergraduate and graduate years at the University of Michigan.
Borders (UK) Ltd., also known as Borders & Books etc., was established as a Borders Group subsidiary in 1998, and in 2007 became independent of the US parent company. At its peak after separation from the US parent, it traded from its 41 Borders and 28 BOOKS etc. shops with over one million square feet of retail space, taking around 8% of the retail bookselling market.
Kmart expanded its bookstore holdings by acquiring Borders in 1992. [26] At that time, Kmart kept Borders and Waldenbooks separate, but converted Waldenbooks' Bassett stores to the Borders brand. When Kmart decided to spin off its noncore subsidiaries in 1994, Kmart merged Waldenbooks, Brentano's, and Borders to form the Borders-Walden Group. [27]
Borders Group (BGP) launched an electronic bookstore Wednesday, entering a market dominated by Amazon (AMZN), Apple (AAPL) and Barnes & Noble (BKS). But the No. 2 U.S. bookstore chain by sales is ...
In another sign of the troubles afflicting Borders (BGP), the country's second-largest book retailer, Mark Bierley has resigned as the company's chief financial officer and chief operating officer ...
Use this Borders coupon to get 25% off the list price of almost everything through Monday, June 14, 2010. Online use coupon code BHF7842Y. The coupon is also valid at Borders Express and Waldenbooks.