Expanding Borders

Borders (Ann Arbor, Mich.) plans to open a 23,000- square-foot store in Olympia, Wash, located in the new Westfield Capital Promenade.

The Olympia store marks the 12th Borders store to open in Washington state. The new site was selected based on a variety of factors, including consumer demographics, the strength of the co-tenants, traffic patterns, the availability of parking, visibility and the overall attractiveness of the new site.

The new store in Olympia will offer more than 200,000 book, music and movie titles; a Seattle's Best Coffee café; a Paperchase shop, featuring a selection of fashionable notebooks, journals, wrapping paper, greeting cards and other gifts and stationery items; and Internet access.

Parent company Borders Group is comprised of three business segments: Borders Domestic Superstores, International, and Waldenbooks Specialty Retail. It operates more than 470 Borders Superstores domestically and 56 locations in the U.K. and Asia Pacific, as well as 31 Books etc. stores primarily throughout Great Britain. The Waldenbooks Specialty Retail segment includes over 675 Waldenbooks, Borders Express, Borders outlet and airport stores.