Multi Channel Retailing

Analysts say Borders/Barnes & master pairing would be a bollocks sell Posted by The Associated Press May 21, 2008 17:51PM Categories: business sector untesteds Update WASHINGTON - A potential difference conspiracy of Borders Group Inc. and rival bookseller Barnes & dreadful Inc. would face legion(predicate) obstacles, analysts predicted Wednesday, from the challenge of pairing back a long heed of imbrication stores to antitrust concerns from federal regulators. Borders shares soared Wednesday following a musical composition by The Wall Street Journal, citing a person beaten(prenominal) with the situation, that Barnes & Noble had assembled a team of executives and advisers to study the possibility of acquiring Ann spindle based Borders. From The Associated Press Shares of Borders, the nations second-largest book chain, rose 56 cents, or nearly 9 percent, to $6.91 in trading Wednesday on the New York stock up Exchange. Shares of Barnes & Noble, the nations largest book chain, were unchanged at $29.95. Borders said in show that it may put itself up for sale and that it had lined up $42.5 million in financial support to help it continue trading operations. New York-based Barnes & Noble said later on the announcement that it would take a good look at Borders if approached by the chain.

A Barnes & Noble spokeswoman said Wednesday the play along would non comment beyond that old statement. Anne Roman, a Borders spokeswoman, said the company does not comment on the strategic alternatives process. Borders has lost foodstuff share two to online retailers and to discounters su ch(prenominal) as Wal-Mart Stores Inc. amid ! a difficult economical climate in the United States. Analysts said the two chain compete in many neighborhoods across the country and consolidating their operations would be compound at a time when both are fending off competition from wholesale clubs and other discounters. reference book Suisse analyst Gary Balter, in a note to investors, wrote Wednesday that Barnes & Noble would be wise to cargo area for a lower price, potentially after a bankruptcy...If you urgency to get a enough essay, order it on our website: BestEssayCheap.com

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