Borders Group Inc. (BGP) - Company Reports a Narrower 2nd Quarter Loss

Borders Group Inc. is a leading global retailer of books, music, movies, and gift and stationery items. Borders is the 2nd largest US book seller. The company, through its subsidiaries, operates approximately 1,100 stores worldwide. The company is organized into three business segments: Borders domestic superstores, international stores, and Waldenbooks specialty retail.