Ann Arbor (WWJ) -- It's the final chapter for 200 stores under the Borders Group.
The Ann Arbor-based book and music store chain says it will close 200 of its Waldenbooks and Borders Express stores. With the closures come 1,500 job cuts in January, though most are part-time positions.
Borders Group says the closings will leave about 130 Waldenbooks unit mall-based stores still operating. Borders superstores or mall kiosks won't be affected, nor will 500 Day by Day Calendar Co. spots.
The company says it's working toward becoming smaller and more profitable.
Health Care Reform Debate 11/21
Michigan Senator Debbie Stabenow addresses the floor on the first vote that will take place for the health reform bill.
Health Care Debate 11/21
Michigan Senator Carl Levin addresses the Senate prior to a vote on the health care reform bill.
WWJ Newsradio 950 is Detroit's only all-news radio station and is the leader in Detroit radio news. Listen online to WWJ-AM 950 for live, local Detroit news, up-to-the-minute Detroit traffic, Detroit sports, Detroit business and Detroit community information. WWJ Newsradio 950 is an award winning radio station and you can listen online and podcast on demand Detroit news, Detroit Construction Alerts, Detroit School Closings, Winter Survival Guide and learn more about our Business Breakfasts. www.wwj.com.
E-Mail Story
Print Story
