borders

Borders will move its headquarters from Ann Arbor into a cheaper space in Detroit, Detroit Free Press reports.

Borders Group Inc. (NYSE: BGP) will cut prices on two of its electronic-book readers by about $20 on Wednesday, in an attempt for the struggling bookstore chain to try and gain a foothold for its fledgling e-book initiative in spite of fierce competition. Borders has been faced with declining sales...

Borders Group Inc. (NYSE: BGP), the second- largest U.S. bookstore chain, will start selling items from Build-A-Bear Workshop Inc. (NYSE: BBW), relying less on books for sales as more people use electronic reading devices. Most of Borders’ more than 500 stores will create sections next month...