| Business Summary | | Borders
Group
Inc.,
through
its
subsidiaries,
Borders,
Inc.
(Borders),
Walden
Book
Company,
Inc.
(Walden),
Books
etc.,
and
others
is
the
second
largest
operator
of
book
superstores
and
the
largest
operator
of
mall-based
bookstores
in
the
world,
based
upon
both
sales
and
number
of
stores.
At
January
28,
2001,
the
Company
operated
349
superstores,
primarily
under
the
Borders
name,
including
nine
in
the
United
Kingdom,
two
in
Australia,
and
one
each
in
Singapore,
New
Zealand
and
Puerto
Rico.
The
Company
also
operated
869
mall-based
and
other
bookstores,
primarily
under
the
Waldenbooks
name
and
31
bookstores
under
the
Books
etc.
name
in
the
United
Kingdom.
The
Company
is
also
an
online
retailer
of
books,
music,
and
video
through
the
operation
of
its
Internet
commerce
site,
Borders.com. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Borders
Group,
Inc.
is
an
operator
of
book
and
music
superstores
and
mall-based
bookstores
throughout
the
world.
BGP,
through
its
subsidiary
Borders
Online,
Inc.,
is
also
an
online
retailer
of
books,
music
and
videos.
For
the
26
weeks
ended
7/29/01,
sales
increased
7%
to
$1.47
billion.
Net
loss
from
continuing
operations
totalled
$18.8
million,
vs.
an
income
of
$700
thousand.
Results
reflect
higher
domestic
superstore
sales
due
to
new
store
openings,
offset
by
$19.5
million
in
one
time
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Robert DiRomualdo, 56 Chairman | -- | -- | Gregory Josefowicz, 48 Pres,
CEO, Director | $776K | -- | George Mrkonic, 48 Vice
Chairman | -- | -- | Bruce Quinnell, 52 Vice
Chairman | 440K | $508K | Edward Wilhelm, 42 CFO,
Sr. VP-Fin. | -- | -- | Dollar
amounts are as of 28-Jan-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|