4 posts and columns on Borders Group

Voices

Borders Denies Issues With Small Publishers

in News on January 25, 2010 at 8:40 am PT

Borders Group on Friday denied a recent report from Debtwire that it has extended the length of time it is taking to pay small publishers; it also denied that a group of small publishers has hired the bankruptcy law firm Lowenstein Sander.

Why Are Music Sales Dropping? Because It’s Hard to Buy Music

in Media on December 2, 2008 at 4:34 am PT

Americans spent billions on CDs last year. But big-box retailers are increasingly uninterested in selling the discs in their stores. Newest data point: Borders Group, which has cut its music inventory by 30 percent in the last year.

Voices

Borders Abandons Search for Buyer; Stock Tumbles

in News on November 26, 2008 at 12:11 pm PT

Borders Group took itself off of the market yesterday afternoon, presumably because the company could find no buyers. Accordingly, the stock has taken a nosedive. That, combined with dismal recent numbers from Barnes & Noble, has intensified worries about the book-selling business as a whole–and about future numbers from Amazon.com in particular.

Voices

Amazon Buying Borders? Don't Bet on It, Says Stifel

in News on June 13, 2008 at 3:30 pm PT

Earlier this week, the hedge fund manager William Ackman of Pershing Square Capital Management floated the idea that the book retailer Borders Group (BGP) should consider selling itself to Amazon.com (AMZN).