The country’s second-largest bookstore widened its third-quarter loss to nearly double that of a year ago. Even worse, the estimated value of its inventory has declined, making it harder for Borders to borrow money. Will the company find a way to transform itself?
Continue reading The Bleeding Continues: Another Quarter of Dismal Earnings for Borders
The Bleeding Continues: Another Quarter of Dismal Earnings for Borders originally appeared on DailyFinance on Thu, 09 Dec 2010 22:00:00.
Filed Under: Technology, Earnings, Media, Credit, Retail, Barnes & Noble, Books