All Borders articles – Page 3
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NewsAuditors raise concerns about Borders UK
Borders UK auditor Ernst & Young raised doubts about the ability of the bookseller to continue as a going concern, according to accounts filed at Companies House.
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AnalysisHilco: hero or villain?
Profiting from retail misfortune as it does, restructuring specialist Hilco is much maligned. George MacDonald asks if the rancour is deserved
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AnalysisPhilip Downer: Borders boss is no quitter
Having led a management buyout of Borders, Downer finally has a shot at restoring some stability at the ailing bookseller says Nicola Harrison
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NewsBorders mulls broadening offer
Borders UK is considering whether to adopt a wider entertainment stance as part of its new strategy following the management buyout of the business last week.
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NewsBorders UK completes management buyout
Borders UK has been bought out by its management team, with backing from Valco Capital Partners.The management team is led by chief executive Philip Downer and finance director Mark Little.Borders UK was owned by Risk Capital Partners, which had been seeking a new investor for some time.The buyout is funded ...
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NewsBorders UK in talks with Hilco private equity arm
Struggling bookseller Borders UK is in advanced talks with the private equity arm of turnaround specialist Hilco over a possible sale of the business.
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NewsNew Look snaps up Borders stores
Fast-fashion retailer New Look is to take on five stores earmarked for disposal by beleaguered bookseller Borders UK, including its prominent flagship store on London’s Oxford Street.
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British Bookshops in consultation with store staff
British Bookshops and Stationers has put most of its 600-plus store staff in consultation.
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NewsBorders UK courts suitors for sale of the business
An information memorandum is understood to have been sent out for book retailer Borders UK, which could result in a potential sale of the troubled retailer.
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AnalysisRetailers and suppliers: An exercise in trust
Now more than ever, retailers and suppliers need to work together and be transparent, but a lack of trust is costing them, says Charlotte Hardie
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NewsBorders mulls larger-store disposals
Borders is in talks with restructuring specialists about disposing of some of its stores, although chief executive Philip Downer said no closures are imminent.
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NewsBorders reviews store portfolio
Borders UK has held talks with a restructuring specialist to advise it on its store portfolio.
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AnalysisWhat it’s like to work at Borders
What it’s like to work at the bookseller Borders, with an inside view from head of HR Anna Lloyd
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Directors leave board of US Borders
Embattled American bookseller Borders is undergoing more upheaval, with directors Edna Medford and Michael Weiss leaving the board.Five of the remaining eight directors have also announced they are to leave, although they will wait until the retailer has found replacements before they go.Borders plans to hire a search firm to ...
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Borders US fears grow as market woes widen losses
Embattled bookseller Borders US has plunged further into the red, prompting some experts in the US to suggest Chapter 11 bankruptcy may be its only chance of survival.The company reported a consolidated loss of $16.2m (£10.9m) in the year to January 31 compared with a consolidated loss of just $400,000 ...
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Analysis
Is freezing staff pay a step too far?
Ben Cooper weighs the savings to be made from putting off pay rises against the effect on morale
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A happy customer is a spending customer
A happy customer is a spending customer Focus your resource on pleasing your customers whilst limiting the barriers to their spending and your sales line will reap the benefits. 14.25 Panel discussion Gearing up your stores for service and sales Selling solutions, not products: offering an end-to-end service ...
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Risk Capital raises £75m to take advantage of credit crunch opportunities
Risk Capital Partners, the private equity business co-founded by Luke Johnson, has raised a 75m fund and aims to cash in on opportunities thrown up by the credit crunch.
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Borders restructures head office for second time in 12 months
Bookseller Borders has restructured its head office for the second time in 12 months, resulting in three people leaving the business and the creation of a merchandising department and two new director positions.
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Borders sheds staff and freezes pay
Bookseller Borders UK is restructuring its head office and implementing a pay freeze as the recession takes its toll on the business.