Borders Books Group, Inc was an American multinational book and music retailer based in Ann Arbor, Michigan, United States.
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Borders Books Group, Inc was an American multinational book and music retailer based in Ann Arbor, Michigan, United States.
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Borders Books operated 175 stores in the Waldenbooks Specialty Retail segment, including Waldenbooks, Borders Express, Borders airport stores, and Borders Outlet stores.
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In February 2011, Borders Books applied for Chapter 11 bankruptcy protection and began liquidating 226 of its stores in the United States.
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In 1994, Borders Books briefly operated a mall-based toy store called All Wound Up, which sold toys and novelty items.
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In March 2007, Borders Group announced it would scale down the number of Waldenbooks outlets it had by half, to about 300, in the next year.
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Also in March 2007, Borders Group announced the disposal of its Ireland and UK businesses, including its Books etc.
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In 2008, Borders Books opened 14 concept stores nationwide, which included a Digital Center, offering select electronic devices such as MP3 players, digital photo frames, and the Sony Reader.
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Borders Books Group launched a customer appreciation program called Borders Books Rewards.
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In March 2008, Borders Books Group announced the intention to sell the chain because of financial difficulties.
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Also in 2008, Borders Books signed an agreement with Lulu Press to create Borders Books Personal Publishing.
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Borders Books announced the liquidation and closing of 226 stores.
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Group of Borders Books creditors rejected the Direct Brands takeover bid in July 2011.
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Books-A-Million later resurrected its offer to buy portions of Borders Group, purchasing the leases for 14 stores primarily in New England and Pennsylvania.
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However, international Borders Books stores are still operating in the United Arab Emirates, Oman, and Malaysia.
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