George Jones

The first novel published by Borders Group Inc. under the company’s new exclusive book publishing program, “Slip & Fall,” by Nick Santora, hit shelves this week. The novel is Santora’s first and was selected by Borders’ merchandising team to be the first of many titles published and sold exclusively in its more than 1,000 Borders and Waldenbooks stores nationwide. “By publishing ‘Slip & Fall,’ Borders marks the launch of a new concept for our company that will differentiate us from other retailers and build customer loyalty,” said George Jones, Borders chief executive officer. “We are now working directly with the major talent and literary

The second largest book retail chain in the United States restructured its senior management this week, a day after the company reported a higher-than-expected second-quarter loss. Borders named Cedric J. Vanzura, the president of Borders Group International, Paperchase Worldwide and information technology, as president of emerging business, strategy and technology, and Vincent E. Altruda, the president of Borders Group U.S., as president of Borders Worldwide. Both will report to new Borders Group CEO George Jones. Several other members of the management team will also now report to Jones. The company said the changes will be effective Aug. 28. The Ann Arbor, Mich.-based company said its losses in