Borders has announced that it will close approximately 200 stores in its Waldenbooks Specialty Retail group in January. The store closings will leave Borders with about 130 mall-based outlets. About 1,500 positions will be eliminated in the downsizing, most of which are part-time jobs.
National news outlets' battle to provide local news and win local advertisers is suddenly heating up fast between the Wall St. Journal and New York Times.
Newspaper publishers are running out of costs to cut, and unless they can show some real ad revenue gains soon, the rally that has ignited their stocks in recent months could fizzle. " />
Walmart, Amazon and Target are limiting online sales of certain steeply discounted books, preventing small bookshops from taking advantage of a price war to stock their own shelves." />
Hearst's Esquire magazine will pepper its December issue with markers that trigger interactive video segments featuring cover subject Robert Downey Jr. and other actors, as well as an ad for Lexus." />