"borders" entries
News Roundup: Borders Cuts 274 Positions, Kindle Hacks, Google Taking Long View on Book Search
Borders Cuts 274 Positions Borders is cutting 274 jobs, with most of the hit being absorbed by corporate groups within the company's Ann Arbor, Mich. headquarters. From Publishers Weekly: Borders stressed that with a few exceptions none of the cuts came at the store level and a spokesperson said there are no plans to reduce the number of store employees….
Borders Sells Stores in Australia, New Zealand, Singapore
From Shelf Awareness: Borders Group has sold its stores in Australia, New Zealand and Singapore to A&R Whitcoulls, the major Australian and New Zealand bookseller that is owned by private equity firm Pacific Equity Partners. The deal is valued at US $104 million (about $90 million now and up to $14 million in deferred payments next year) and should…
Borders Cuts 274 Positions
Borders is cutting 274 jobs, with most of the hit being absorbed by corporate groups within the company's Ann Arbor, Mich. headquarters. From Publishers Weekly: Borders stressed that with a few exceptions none of the cuts came at the store level and a spokesperson said there are no plans to reduce the number of store employees. The cuts represented…
News Roundup: Kindle Price Drop and Rough Title Figures, Borders Goes Solo on New Web Site, Long-Term Google Questions
Kindle Bits: Price Drop and Rough Title Sales Figures Speaking at the D6 Conference, Jeff Bezos offered a glimpse into the Kindle's sales impact. From D6 Highlights: On a title-by-title basis, [Bezos] says, Kindle unit sales now account for more than 6% of Amazon book sales for the 120,000 titles that are available on Kindle. Amazon has also dropped…