Borders Group Names Faricy Vice President, Multimedia Marketing.To download high-resolution, print-ready JPEG JPEG in full Joint Photographic Experts Group Standard computer file format for storing graphic images in a compressed form for general use. JPEG images are compressed using a mathematical algorithm. images, click on the thumbnail image above. WARNING: these images are very large (800K+) Click here for caption Business Editors NOTE TO MEDIA: Multimedia assets available A photo is available at URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com/cgi-bin/photo.cgi?pw.082803/bb1 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. 28, 2003 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). ) has named Peter T. Faricy Vice President, Multimedia Marketing, effective Aug. 29. Borders Group is a leading specialty retailer of books, music and movies with more than 1,200 Borders Books and Music and Waldenbooks stores around the world. In his new post, Faricy will be responsible for developing strategic merchandising and marketing plans for the Multimedia product area at Borders, which includes music and DVD/video. In addition, he will develop and strengthen relationships with the Multimedia vendor community and work with his team to develop and implement innovative programs and technology to drive Multimedia sales and profit. He will report to Borders Group Executive Vice President and Chief Marketing Officer Mike Spinozzi. Before joining Borders Group, Faricy served in several strategic leadership roles with Ford Motor Co., Dearborn, Mich., most recently working in the capacity of Detroit area Regional Operations Manager See datacenter manager. , Lincoln Mercury. For Ford, he also held positions as Executive Director, Business Development, Ford North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and Director, Corporate Initiatives Office. Prior to joining Ford, Faricy was an Associate, and later an Engagement Manager, with McKinsey & Co., consulting with U.S. and European companies It may never be fully completed or, depending on its its nature, it may be that it can never be completed. However, new and revised entries in the list are always welcome. This is a list of companies from the countries in the European Union. in the retail business, where he gained specific Multimedia experience, as well as in consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and , automotive and banking industries. Earlier in his career, Faricy also worked in Detroit for J. Walter Thompson Walter Thompson refers to:
Faricy earned a master's degree in business administration from the University of Michigan (body, education) University of Michigan - A large cosmopolitan university in the Midwest USA. Over 50000 students are enrolled at the University of Michigan's three campuses. The students come from 50 states and over 100 foreign countries. in Ann Arbor in 1995 and holds a bachelor's degree in business from Michigan State University Michigan State University, at East Lansing; land-grant and state supported; coeducational; chartered 1855. It opened in 1857 as Michigan Agricultural College, the first state agricultural college. in East Lansing. "The Borders brand is extremely strong in relation to books and we are committed to extending that positive brand experience to music and DVD/video," said Spinozzi. "Borders was the first bookseller of its kind to add music and video in 1992, so we have a history of innovation and look forward to the strategic skills, leadership capabilities, operations experience and retail background Peter brings as we work toward further innovation and achievement in Multimedia." "I'm excited to join the expert team at Borders to address the opportunities in Multimedia with creativity, enthusiasm, sound business strategy and leadership that will help extend Borders' reputation as a preferred destination for books into a preferred destination for music and movies as well," Faricy said. With more than 24,000 music titles in the typical store, Borders is the nation's top-seller of such genres as new age and world music and is a leader in sales of classical and jazz titles as well. Borders stores also offer B-Listening(TM), a revolutionary preview technology that allows customers to preview nearly all music titles available in the store before buying. Borders also offers Classical and Jazz Essentials programs. For these programs, Borders' music buyers have identified hundreds of "must have" CDs to help customers build music libraries. The buyer-recommended selections are highlighted throughout the store. The average Borders store carries more than 7,000 titles in DVD format, ranging from new releases to classics. In addition, Borders offers a broad selection of foreign films as well as a wide variety of health and fitness titles and documentaries. The selection of video for children is also vast, with more than 700 titles available. Borders Group is headquartered in Ann Arbor, Mich., and employs 32,000 people worldwide. The company and its subsidiaries operates over 420 Borders domestic superstores; 35 international Borders stores located primarily in the U.K. and the Pacific Rim; 37 Books etc. stores throughout Great Britain; and approximately 760 Waldenbooks stores in malls across America. Teamed with Amazon.com, the company also offers online shopping through Borders.com (www.borders.com) and Waldenbooks.com (www.waldenbooks.com). More detailed information on the company is available at www.bordersgroupinc.com. Information on Borders store locations, title selection, events and in-store events is available through www.bordersstores.com. Note: A photo is available at URL: http://www.businesswire.com/cgi-bin/photo.cgi?pw.082803/bb1 |
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