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Extended Company Profile: Borders Group (NYSE: BGP) is an international bookseller based in Ann Arbor, Michigan. Borders is a Fortune 500 company, and is (as of 2005) the second-largest bookstore chain in the United States (after Barnes & Noble), selling a wide variety of books, CDs, DVDs, periodicals, as well as gifts and stationery.
Borders owns a majority stake in Paperchase Products Limited, a leading gifts and stationery retailer in the United Kingdom, and showcases their products in their stores, as well as Books etc., Tim Waterstone's other, mostly London-based bookshop chain. In 2004, Borders reached an agreement with Starbucks subsidiary Seattle's Best Coffee to operate the cafes in its domestic superstores under the Seattle's Best brand.
As of 2006, there are about 500 Borders stores in the United States, and around 700 Waldenbooks and Borders Express stores in U.S. malls.
