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Borders Books & Music (BGP) is in the Retail Industry

Revenue
Feb 02 2008
$3.8B
Profit
Feb 02 2008
($157.4M)
Market Cap
May 08 2008
$349.0M

Latest News and Analysis

Additional Resources

  • Borders' Concept Stores to open in National City, California and Panama City Beach, Florida

    M2 BEST BOOKS-(C)2000-2008 M2 COMMUNICATIONS LTD Borders Inc, a subsidiary of Borders Group Inc (NYSE:BGP), a global retailer of books, music, movies, periodicals and gift and stationery items, reported on 2 May that it has opened two new Concept Stores in National City, California and Panama City Beach,...

    Articles 2008-05-05

  • Sue Dasse Joins Hastings Entertainment Management Team as Vice President of Stores

    AMARILLO, Texas, May 2 /PRNewswire-FirstCall/ -- Hastings Entertainment, Inc. , a leading multimedia entertainment retailer, is pleased to announce that Sue Dasse will join the Company as Vice President of Stores, effective May 19, 2008. Ms. Dasse previously served as Vice President of Store Operations, Waldenbooks and later...

    Articles 2008-05-02

  • Free download of Star Wars book to be offered by Del Rey

    TELECOMWORLDWIRE-29 April 2008-Free download of Star Wars book to be offered by Del Rey(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com In a new promotional offer Del Rey, the science fiction and fantasy division of Random House, has announced that it is to offer Book One in the Star Wars series,...

    Articles 2008-04-29

  • Free download of Star Wars book to be offered by Del Rey

    INTERNET BUSINESS NEWS-(C)1995-2008 M2 COMMUNICATIONS LTD In a new promotional offer Del Rey, the science fiction and fantasy division of Random House, has announced that it is to offer Book One in the Star Wars series, Star Wars: Legacy of the Force: Betrayal, as a free downloadable PDF,...

    Articles 2008-04-29

  • Free download of Star Wars book to be offered by Del Rey

    M2 BEST BOOKS-(C)2000-2008 M2 COMMUNICATIONS LTD In a new promotional offer Del Rey, the science fiction and fantasy division of Random House, has announced that it is to offer Book One in the Star Wars series, Star Wars: Legacy of the Force: Betrayal, as a free downloadable PDF,...

    Articles 2008-04-29

  • Borders® Names Employee Fiction Writing Contest Winner

    ANN ARBOR, Mich., April 24 /PRNewswire/ -- Borders Group, Inc. has selected Ralph Ashworth, a supervisor at a Borders store in Tarentum, Penn., as the winner of the retailer's fiction writing contest open to its 30,000 employees at Borders, Waldenbooks and Borders Express stores, the distribution centers and the...

    Articles 2008-04-24

  • Borders® To Open Second U.S. Stand-Alone Paperchase Shop in Glendale, Calif

    ANN ARBOR, Mich., April 24 /PRNewswire-FirstCall/ -- Borders, Inc. will open its second stand-alone Paperchase shop in the U.S. May 2 at The Americana at Brand, a singular shopping, dining entertainment and luxury living destination, in Glendale, Calif. Paperchase is the London-based retail brand leader in design-led and...

    Articles 2008-04-24

  • Borders Group Announces Annual Meeting of Shareholders

    ANN ARBOR, Mich., April 21 /PRNewswire-FirstCall/ -- Borders Group, Inc. announced today that it will hold its annual meeting of shareholders Thursday, May 22, 2008 at 11:30 a.m. Eastern at The Ritz-Carlton, 300 Town Center Drive, Dearborn, Mich. 48126. The record date for determination of shareholders entitled to...

    Articles 2008-04-21

  • Romance Writers of America Honors Sue Grimshaw, Borders Group Romance Buyer, with Major Industry Award

    RWA Also Recognizes Dianne Defonce of Borders Fairfield, CT with Bookseller of the Year Award ANN ARBOR, Mich., April 10 /PRNewswire/ -- Sue Grimshaw, who has been the Romance book buyer for Borders Group, Inc. for the past seven years, has received the prestigious Vivian Stephens Industry...

    Articles 2008-04-10

  • Borders Group Closes Pershing Square Financing Agreement

    ANN ARBOR, Mich., April 9 /PRNewswire-FirstCall/ -- Borders Group, Inc. today announced that it has closed on the revised financing agreement with Pershing Square Capital Management, L.P. that was announced in the company's April 7, 2008 news release. The agreement includes a $42.5 million senior secured term loan,...

    Articles 2008-04-09

  • Borders Group Finalizes Improved Financing Agreement with Pershing Square

    ANN ARBOR, Mich., April 7, 2008 /PRNewswire-FirstCall/ -- Borders Group, Inc. today announced that it has finalized a revised financing agreement with Pershing Square Capital Management, L.P. The agreement features terms that are more advantageous to Borders Group than Pershing Square's original financing commitment described in the...

    Articles 2008-04-07

  • Borders Group Delays Filing of 10-K as Alternative Financing Proposals are Evaluated

    ANN ARBOR, Mich., April 2, 2008 /PRNewswire-FirstCall/ -- Borders Group, Inc. today announced that it is delaying the filing of its Annual Report on Form 10-K for fiscal year 2007, ended February 2, 2008. The company expects to make the filing on or before April 17 after it...

    Articles 2008-04-02

  • Borders sale won't affect St. Charles Avenue site in N.O.

    Borders won't close the book on plans to open a store on St. Charles Avenue even if company operations are sold, according to the Ann Arbor, Mich., bookseller. "We are moving forward and proceeding with construction" on the 24,000-square-foot New Orleans store at the former Bultman Funeral...

    Articles 2008-03-31

  • Borders sale won't affect St. Charles Avenue site in N.O.

    Borders sale won't affect St. Charles Avenue site Borders won't close the book on plans to open a store on St. Charles Avenue even if company operations are sold, according to the Ann Arbor, Mich., bookseller. "We are moving forward and proceeding with construction"...

    Articles 2008-03-31

  • Borders Group Inc. Review in Progress.

    M2 PRESSWIRE-28 March 2008-The Maybach Review: Borders Group Inc. Review in Progress(C)1994-2008 M2 COMMUNICATIONS LTD RDATE:28032008 MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Investors wanting to know the truth about investing...

    Articles 2008-03-28

  • Incorporated: 1994
  • CEO: Mr. George L. Jones

Borders Group through its subsidiaries, Borders, Inc. (Borders), Walden Book Company, Inc. (Waldenbooks), Borders Australia Pty. Limited and others, is an operator of book, music and movie superstores. Co. is also an operator of mall-based bookstores. As of Feb 2 2008, Co. operated 541 superstores under the Borders name, including 509 in the U.S., 22 in Australia, five in New Zealand, three in Puerto Rico, and two in Singapore. Co. also operated 490 mall-based and other bookstores including stores operated under the Waldenbooks, Borders Express and Borders Outlet names, as well as Borders-branded airport stores.

Key Competitors

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Borders Books & Music Company Info

Board of Directors

Mr. Lawrence I. Pollock

Non-Executive Chairman

Mr. Michael Weiss

Mr. Michael G. Archbold CPA

Mr. Richard McGuire

Mr. Donald G. Campbell

Mr. Joel J. Cohen

Ms. Amy B. Lane

Mr. Brian T. Light

Mr. Victor L. Lund

Dr. Edna Greene Medford Ph.D.

Contact Information

100 Phoenix Drive

Ann Arbor, MI

http://www.bordersgroupinc.com

734 477-1100

NAICS Code

Book Stores: 451211
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