|
|
Article: Borders Group Issues Further Detail On All Wound Up Business.
- Article from:
- PR Newswire
- Article date:
- November 17, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
ANN ARBOR, Mich., Nov. 17 /PRNewswire/ --
Based on inquiries received subsequent to its third quarter results conference call, Borders Group, Inc. (NYSE: BGP), issues the attached historical data on its All Wound Up interactive toy stores. The data illustrates that third-quarter performance in the company's business segments, excluding All Wound Up, is solid.
All Wound Up was acquired by Borders Group in 1999 and is operated by the company's Waldenbooks unit. Since acquiring All Wound Up, Borders Group has initiated several improvements to the business. These include management team changes, a streamlining of logistics and operations and the full ...