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More About:  holiday sales book retail sales Borders restructuring

Borders Cans Top Brass After Dismal Holiday Season

Bookseller reports 12% drop over '07, replaces CEO, others

(Newser) - Borders will immediately restructure top management to counter a steep slide in sales, the Ann Arbor News reports. CEO George Jones has been replaced with Ron Marshall, a turnaround expert with book experience. Other top spots were shuffled to veterans of the Michigan-based company. The bookseller announced today that its... More »

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