News & Trends: Fast Stats
200 Number of Waldenbooks mall-based stores that Borders Group Inc. will close in January. One-hundred-thirty mall locations will remain open. According to a Borders press release, the retailer hopes the closings will result in “a smaller, more profitable mall chain in fiscal 2010.”
40 million Number of pounds of 100-percent recycled paper Houghton Mifflin Harcourt purchased this year. In October, the company unveiled its “Go Math!” textbook series, the first textbook series made from 100-percent recycled material. The series will be available nationally in spring 2010.
3 million Number of U.S. e-readers projected to be sold in 2009, with 30 percent of those sales anticipated to occur during the holiday season. Six million are expected to be sold in 2010.
Source: Forrester Research’s “Forrester’s eReader Holiday Outlook 2009” report.
$1.3 billion Approximate savings Bertelsmann AG, which owns Random House, has achieved so far this year under its cost-cutting and efficiency program, which the media company’s executive board adopted in the spring.