Borders Books and Music to Open Three More Stores in U.K.; First Borders Superstore in Wales, to Open in 2003.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)--Sept. 20, 2002 Borders Books and Music(R) (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). ) announced the sites of three more superstore locations scheduled to open in the United Kingdom in the first half of 2003. As a part of an accelerating program of expansion in the U.K., Borders will soon operate stores in Liverpool; Beckton, East London East London, city (1991 pop. 240,474), Eastern Cape, SE South Africa, on the Indian Ocean. The city grew around a British military post founded in 1847. Its harbor was developed from 1886, and today it is a leading South African port. ; and Swansea, Wales Wales, Welsh Cymru, western peninsula and political division (principality) of Great Britain (1991 pop. 2,798,200), 8,016 sq mi (20,761 sq km), west of England; politically united with England since 1536. The capital is Cardiff. . The Swansea superstore will be Borders' first store in Wales. "The British have embraced the Borders experience and our existing stores there have enjoyed a high degree of success," said Vin Altruda, President of Borders International Stores. "Borders currently has seven stores in development for the United Kingdom, including three that are scheduled to open within the next two months in Leicester, Stockport and the Lakeside Retail Park in Thurrock. By mid-2003, we hope to have a total of 21 superstores operating in the U.K." Borders will offer the residents of Swansea, Liverpool and Beckton a comfortable place to explore over 140,000 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. The stores will host community events, including lectures, author signings, kids events and live music performances. In addition to offering books, music and movies, the stores each include a Paperchase stationery department and a Starbucks cafe. Customers of the cafe can choose from a variety of gourmet coffees, teas and beverages and enjoy desserts and light lunch items. Borders introduced its unique book, music, movie and cafe retailing concept to the U.K. in 1998 when it opened its first store on Oxford Street in downtown London. Since then, the company has opened an additional 13 stores, bringing the present total to 14. Borders Group, Inc., (NYSE:BGP) 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. A FORTUNE 500 company headquartered in Ann Arbor, Mich., Borders Group employs 32,000 employees worldwide and operates over 380 Borders domestic superstores, 24 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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