Headlines

Borders Evaluates Its Toys

Toy business is factor in a hefty loss

Published

23 years ago

November 20, 2000

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Borders Group Inc. (Ann Arbor, Mich. book retailer) announced it would assess its toy-store chain, All Wound Up, after receiving poor fourth-quarter results. Borders acquired the 162-store toy business in 1999. For the period ended October 22, All Wound Up accounted for three cents of the company's six-cent per-share loss. Borders is considering its options, which include either keeping the business or separating it from the company.

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