Bookstore chain Books-A-Million Inc. says its last-minute talks to buy the leases and assets of 30 Borders bookstores out of bankruptcy have fallen through.
Birmingham, Ala.
Sandra B. Cochran has resigned from her position as president, chief executive officer and director of Birmingham, Ala.-based book retailer Books-A-Million to accept a position with Cracker Barrel Old Country Store Inc. Clyde B. Anderson will become chief executive officer, and will continue as the company's chairman.
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