Borders Struggling

 There are quite a few less Waldenbooks bookstores, as Borders (who owns Waldenbooks) continues to struggle. Borders announced that they have closed more than 15% of their Waldenbooks stores and 4 of the Borders Superstores. The Borders stores revenue was down about 15% and Waldenbooks lost about 1/3 of that figure. Book comps were down as well reflecting the cutbacks at the publishers.

Published in: on April 1, 2009 at 3:20 pm  Leave a Comment  
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