Articles tagged: Borders liquidation
Borders CEO Mike Edwards exits as liquidation continues
Posted: Aug 04, 2011Two Borders executives who led the company through its Chapter 11 bankruptcy filing and liquidation announcement — including Borders Inc. CEO Mike Edwards — are no longer with the company, according to a July 29 ... Read more »
COLUMN: When did you get old? Huck Finn 'got' it! Borders didn't.
Posted: Jul 28, 2011What is the difference between Huck Finn and Borders? Adaptability. Editor’s Note: This post is part of a series from Our Values about core American Values. Dr. Wayne Baker is away this week and has ... Read more »
Early discounts disappoint: Borders liquidation sale draws crowd to Lohr Road superstore
Posted: Jul 22, 2011(Related story: Liquidation starts: Borders store in downtown Ann Arbor enters its final days.) Liquidation sales drew a crowd to the Borders superstore in Pittsfield Township this morning, but the discounts weren't as steep as ... Read more »
Liquidation starts: Borders store in downtown Ann Arbor enters its final days
Posted: Jul 22, 2011Borders' liquidation sales started casually this morning and with little fanfare. Customers streamed into the flagship store in downtown Ann Arbor with a tinge of regret, a feeling of nostalgia and a sense of frustration. Read more »
Borders' liquidation plan approved: Sales start Friday at flagship store in downtown Ann Arbor, Pittsfield store
Posted: Jul 21, 2011A judge today officially approved Ann Arbor-based Borders Group Inc.'s plans to liquidate, setting the stage for going-out-of-business sales to start Friday. Sales will start Friday at all of the company's 399 remaining stores, including ... Read more »
Books-A-Million named as possible buyer of up to 35 Borders store leases
Posted: Jul 21, 2011(UPDATE 5 p.m.: Books-A-Million confirmed that it has made an offer for 30 leases.) Alabama-based bookstore chain Books-A-Million has offered to buy up to 35 leases from Ann Arbor-based Borders Group Inc., but the company's ... Read more »
Analysis: Borders' liquidation, Pfizer's exodus add up for Ann Arbor: 5,000 jobs gone
Posted: Jul 21, 2011Borders Group Inc.’s announcement Monday that it plans to liquidate marks the single biggest blow to the local economy since Pfizer Inc. announced in January 2007 that it would close its Ann Arbor pharmaceuticals campus. ... Read more »
Wall Street Journal: Despite Borders' liquidation, University of Michigan 'continues to insulate' Ann Arbor
Posted: Jul 19, 2011The impact of Borders Group Inc.'s liquidation on the Ann Arbor economy is significant but hardly deadly. Read more »
Liquidation leaves Pittsfield Township shopping center with vacancy
Posted: Jul 19, 2011The ongoing construction of a new Dick’s Sporting Goods store at the Waters Place Shopping Center in Pittsfield Township meant that the retail center on Lohr Road was briefly fully leased. But the shopping center’s ... Read more »
Disappearing act: Borders brothers nowhere to be found
Posted: Jul 19, 2011The Borders of today is a far cry from the 800-square-foot book shop founded on South State Street in Ann Arbor in 1971 by brothers Tom and Louis Borders. Read more »
Column: Borders' expansion hastened its implosion
Posted: Jul 19, 2011Much of the coverage of Borders' liquidation, which the company announced Monday after five months of navigating Chapter 11 bankruptcy, is sure to center on the role of e-books in weakening Borders. But the biggest single reason for Borders' fall was its rise. Its rapid expansion. Put it simply: Borders got too big, too fast. Read more »
Ann Arbor businesses left wondering about impact of Borders liquidation
Posted: Jul 19, 2011Monday's announcement that Borders’ will liquidate wasn’t a shock to those who have watched its struggles, but some local businesses now wonder how the closing of one of Ann Arbor’s largest employers will affect them. ... Read more »
full coverage: Full coverage of Borders' liquidation announcement
Posted: Jul 19, 2011The closing means 10,700 jobs will be lost in the U.S. as the nation's second-largest book seller starts closing stores by Friday. In Ann Arbor, the loss will be felt in the 400 lost jobs and 2 closing stores, including downtown, where the chain started in the 1970s. Read more »
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