Borders to name outsider as chief; retail veteran George Jones has earned a reputation for promoting innovation
Article Abstract:
Borders Group Inc. is appointing George Jones, formerly of Saks Inc., as its new CEO. Retiring CEO Greg Josefowicz, also an industry outsider, will stay on as necessary to ease the transition. Borders suffered a net loss of $20.1 million in the first quarter of 2006.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
United States, Sales, profits & dividends, Executive changes & profiles, Officials and employees, Appointments, resignations and dismissals, Company sales and earnings, Company earnings/profit, Jones, George, Josefowicz, Greg
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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Borders business plan gets a rewrite: it will reopen Web Site, give up most stores abroad, close many Waldenbooks
Article Abstract:
In a policy reversal, bookstore Borders Group Inc. will relaunch its online service, and close some facilities. Borders plans to close almost half of its Waldenbooks stores in the U.S., and relinquish most of its Borders stores abroad.
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Strategy & planning, Plant shutdown, Services introduction, New Products/Services, Planning, Company service introduction, Service introduction, Company business planning, Facility closures, Walden Book Company Inc.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Subjects list: United States, Booksellers, Bookstores, Borders Group Inc., BGP
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