Borders Group
Latest Borders Group News
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Kodak, in bankruptcy, seeks bonuses to keep executives
to maximizing the returns to creditors, as was the case with electronics retailer Circuit City and bookstore chain Borders Group . In its motion, Kodak didn't identify by name the people who would be eligible for bonuses, saying only that nine
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Top 10 Business Blunders of 2011marketing firm Epsilon . 7. Borders : Bankruptcy, Liquidation After bookseller Borders filed for chapter 11 bankruptcy beginning of the year. Borders Group , based in Ann Arbor large bookstore chains like Borders has a high-cost structure
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U.S. Employers With the Largest 2011 Layoff Announcements
N.J., the company said almost 40 percent of those layoffs would take place in the U.S. 2. Borders Group : 16,700 layoffs After Borders filed for chapter 11 bankruptcy in February, the bookstore chain began liquidating bookstores and
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Economy's funk isn't claiming a lot of companies, so far
small-business lender CIT Group filed that year as well. Blockbuster filed for bankruptcy in 2010 and bookseller Borders Group was a high-profile casualty in 2011. Despite these large bankruptcy filings by recognizable names, though, investors
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Longtime book retailer Borders heading toward liquidation
Borders Group 's likely liquidation has been sealed an offer to keep the company running. Borders won't hold an auction, as there have brought us to where we are now," said Borders Group President Mike Edwards in a statement
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New Nook could push Barnes & Noble value up
Leonard Riggio. The bid values Barnes & Noble at about $1 billion and comes three months after rival bookseller Borders Group filed for bankruptcy protection. Barnes & Noble has invested heavily in the Nook, announcing recent enhancements to
News
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Borders files for bankruptcy protection, to close 200 stores
Borders , which grew from an independent bookstore of its 19,500 employees. Trading in Borders ' bgp stock was suspended. It closed Tuesday 77, up 8 cents. In a statement, Borders President Mike Edwards said that with
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Borders files for bankruptcy protection, will lay off 6,000
Borders , the nation's second employees. In a statement, Borders president Mike Edwards said company's lack of liquidity, Borders Group does not have the capital industry analysts blame Borders ' management for its financial
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States push to collect taxes on Internet sales
require extensive revisions to its tax rules. Besides various states and retailers such as Wal-Mart Stores Inc., Borders Group Inc . and J.C. Penney Co., the National Retail Federation, the industry's biggest trade group, also supports
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Entertainment execs hit Comic-Con to build buzz
read. Things started to change around 2000, when a book buyer for Borders bgp developed a passion for a Japanese genre called manga (that's Japanese for "comics"). Borders stocked up on manga books, which appeal to girls and young women
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CEOs value lessons from teen jobs
are least likely to be in the labor force. Dylan Jones, the 17-year-old son of Borders Group CEO George Jones, has not worked except briefly at a Borders bookstore, although the elder Jones, 57, tells him that it would give him a work
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Bookseller Borders explores sale, suspends dividend
Borders BGP , the nation's second-largest volatile trading Thursday. Borders has lost market share capital was required." Borders Group said it is reviewing a concerning strategic plans. Borders Group a year ago announced a
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Stocks surge on better-than-expected factory survey
the credit crisis. Nike said sales overseas increased largely because of the weak dollar. In other corporate news, Borders Group , which has been reporting disappointing earnings in recent quarters, revealed early Thursday it may put itself up
