Borders Books and Music to Open Second Charlotte, N.C., Store.Business Editors ANN ARBOR Ann Arbor, city (1990 pop. 109,592), seat of Washtenaw co., S Mich., on the Huron River; inc. 1851. It is a research and educational center, with a large number of government and industrial research and development firms, many in high-technology fields such as , Mich.--(BUSINESS WIRE)--Aug. 1, 2002 Borders Books and Music(R) will open its second Charlotte, N.C., store this November. The 21,000-square-foot store will be located at the intersection of Rea Road and I-485 in the Stonecrest at Piper Glen Shopping Center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into . "Borders has enjoyed great success in the Charlotte market since we opened our first store there in October of 1993, and we'll continue to build on the community ties that we've established in the city," said Joost Verkerk, district manager for the new Charlotte location. "Our stores host free events such as lectures, author signings, musical performances, children's activities and `Benefit Days' that support local charities." Borders will offer Charlotte residents a comfortable place to explore over 200,000 book, music, DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. and periodical titles, as well as the opportunity to experience cutting-edge service technology backed by a knowledgeable staff with a commitment to the community. Free events such as lectures, author signings, musical performances, children's activities and `Benefit Days' that support local charities are held throughout the year. Borders selected the new Charlotte location based on a variety of factors including demographics, traffic patterns, the availability of parking and the attractiveness of the site. As a retailer, Borders is unique in tailoring its title base to respond to the interests of the customers who shop each store location. Just 50 percent of Borders' title base is common to all stores, while the other half is customized to the location by experienced buyers using the company's sophisticated computerized inventory system. In addition to offering books, music and movies, Borders invites shoppers to unwind Unwind 1. The closure of an investment position. 2. The reconciliation of an error previously unseen by a brokerage house. Notes: 1. Sometimes referred to as closing out a position. at Cafe Borders. In the Charlotte store, customers of the cafe can choose from a variety of gourmet coffees, teas and beverages and enjoy desserts and light snack items. "Our customers love the community spirit that is fostered at Borders," said Verkerk. "In the store on Colony Road shoppers read, study, hold group discussions or simply have a cup of coffee while reading the newspaper. The new store will have that same welcoming atmosphere." Borders Group, Inc., (NYSE NYSE See: New York Stock Exchange : BGP (Border Gateway Protocol) The routing protocol that is used to span autonomous systems on the Internet. It is a robust, sophisticated and scalable protocol that was developed by the Internet Engineering Task Force (IETF). ) is a leading global retailer of books, music, video and other information and entertainment items with stores in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , United Kingdom, Australia, New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. , Singapore, and the commonwealth of Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. . A FORTUNE 500 company headquartered in Ann Arbor, Mich., Borders Group employs 32,000 employees worldwide and operates over 375 Borders domestic superstores, 23 international Borders stores, 36 Books etc. locations and approximately 815 Waldenbooks stores. Teamed with Amazon.com, the company also offers online shopping through www.borders.com. More detailed information for journalists is available at www.bgimediacenter.com. Financial data is hosted on www.bordersgroupinc.com and information on Borders stores is available through www.bordersstores.com. |
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