Borders Group, Inc. · Ann Arbor, MI United States ·(NYSE: BGP)
Company Description
Phone: 734-477-1100
Fax: 734-477-1285
Rankings
- #490 in FORTUNE 500
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If you want John Updike or Janet Jackson to go with your java, Borders is for you. The #2 bookstore operator in the US (after Barnes & Noble ), Borders Group runs more than 1,000 retail stores, which include Borders superstores, mall-based Waldenbooks stores, and Paperchase stationery shops. The chain has been divesting its international holdings, selling its Borders (UK) business in 2007 and its 30 Asia/Pacific superstores in 2008, to reduce debt and allow it to focus on domestic operations. Borders stores offer up to 200,000 book, music, and movie titles and regularly host live literary events and musician showcases to lure customers. Borders also set up shop at select US airport and outlet mall locations. To read the full description, subscribe now.
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Key Borders Group, Inc. Financials
| Company Type | Public - NYSE: BGP Headquarters |
| Fiscal Year-End | January |
| 2009 Sales (mil.) | $3,275.4 |
| 2009 Employees | 25,600 |
Borders Group, Inc. Executives
43 executives listed for Borders Group, Inc.'s Ann Arbor, MI location.
| Title | Name & Bio | Contact |
| Chairman | Richard McGuire | Network |
| President, CEO, and Director | Ron Marshall | Network |
| EVP Finance and CFO | Mark Bierley | Network |
Competition
Competitive Landscape for Borders Group, Inc.
Demand is driven by demographics and consumer income. The profitability of individual companies depends on merchandising and marketing. Large companies can provide broader selections and lower prices. Small companies can compete by offering specialized products or serving a local market. The industry is labor-intensive: sales per employee are about $120,000. Sales per employee tend to be lower for smaller, independent bookstores. Major competitors include mass merchandisers, warehouse clubs, Internet retailers, and mail order catalogs. To read the full description, subscribe now.Top Borders Group, Inc. Competitors
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