Life is about the journey, not just the destination.
Thursday, March 29, 2007
Borders looking to sell its UK business
Borders Group is thinking of selling its UK business which operates under the name of Books etc. The company has 71 stores and accounts for 70% of Borders' international business. Borders opened in the UK in 1998 when it purchased the Books etc chain, but it has been reporting losses of $500,000 due to a "challenging retail environment".