Content Crossroads & Distribution Junction
Industry leaders talk candidly about issues affecting the industry—from distribution to rising costs to an increased focus on content.
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Jim Calder
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Just how many Waldenbooks stores will close this year is still uncertain.
“At this stage, I don’t want to predict how many we’ll close, but we were on a path to close around 80 anyway, and it will be at least that many,” said Ed Wilhelm, senior vice president, CFO of Borders Group.
There seems to be an increased focus at superstores like Borders and Barnes & Noble in remodeling and adding products to their cafés and stationary/gift sections. “The cafés, and gifts and stationary departments are the two highest-gross-margin categories that we have in the stores,” Wilhelm said.
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