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Borders Group Incorporated (MI)

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  • Barnes & Noble Chairman Riggio plans retail bookstore buyout

    Barnes & Noble Inc. Chairman Leonard Riggio is hoping to buy out the struggling retail side of the bookstore business he bought some 40 years ago as digital advances and online competition threaten the chain’s growth.
  • Judge rules gifts cards from belly-up Borders bookstores worthless

    Judge rules gifts cards from belly-up Borders bookstores worthless
    Those clinging hopefully to the old Borders books gift cards stashed in their drawers or wallets are out of luck, a Manhattan federal judge ruled Wednesday. According to Reuters, there are about $210.5 million worth of such cards that had not been used by...

    Without Borders, where will you go for books?

    Without Borders, where will you go for books?
    On Wednesday, Borders Group Inc.'s announcement that it is declaring bankruptcy included news that nearly half of Chicago-area Borders stores would be closing. Book lovers from McHenry County to Northwestern Indiana will be affected, which left us...

    Doors to close at Borders

    The Borders bookstore in Glendale will close by April as part of the bankruptcy plan the Michigan-based retailer unveiled Wednesday. The company is closing 200 underperforming stores across the country, including locations in Pasadena, Sherman Oaks and...

    Borders CEO sends e-mail to members

    Borders CEO sends e-mail to members
    On Wednesday morning Borders Group, Inc., the national chain bookstore, announced that they would be entering Chapter 11 bankruptcy and closing stores nationwide, including nearly half of its stores in the Chicago-area. Later that night, Mike Edwards,...