Should the deeply troubled Borders chain close, publishers will survive just fine. But for authors who don’t have instant name recognition with book buyers, the loss of an outlet with scads of shelf and floor space is a serious…
24/7 Wall St. recently looked at a number of large American companies, some of which are owned by foreign companies, to see which will disappear in 2011. It didn’t take long to come up with a list of familiar names such as Sara…
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 co…
Just as rumors of a merger with Borders Books began to fade, the bookseller is once again in the spotlight as a major stakeholder, Aletheia Research and Management, is embroiled in legal troubles and an SEC investigation.
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Borders Group Inc. is offering discounts on electronic readers throught the rest of the month as the retailer battles Amazon.com Inc. and Barnes & Noble Inc. for share of the rapidly growing e-reader market in advance of the ho…