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Insights from the Editor:
Four Things the Next Borders CEO Should Know
Interim Borders CEO is the fourth person to lead Borders in five years. If Korn/Ferry International finds the right candidate to lead the retailer by July, the struggling bookstore chain will be on its fifth.

The company is sure in a rough spot: as BPR suggested in last month’s issue, the company’s holiday sales were just terrible: consolidated sales declined 13.7% to $846.8 million while comparable store sales at Borders superstores dropped 14.6% and 9.4% for Waldenbooks. Shortly after the holiday announcement, Borders CEO Ron Marshall bolted to A&P, and chief merchandising officer Mike Edwards was named interim CEO.

While everyone in the industry value chain had better care about what happens to Borders and its 500+ superstores, the person who ends up sitting in the executive chair needs to care the most. Simba’s Michael Norris has compiled the following list of action items Korn/Ferry’s shortlist of candidates need to consider if they are going to lead Borders:


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Newsletter Showcase:
Electronic Education Report
Electronic Education Report For more than a decade, top executives and decision-makers have relied on Electronic Education Report to consistently deliver critical news and informed perspective on the K-12 electronic instructional materials market. As the market for technology in schools has evolved, so too has Electronic Education Report. Each issue contains insights into the current opportunities and challenges facing instructional software providers, as well as relevant analysis of emergent technologies. Simba Information strives to provide EER subscribers with accurate and relevant insight into the world of educational technology publishing. Because we know your time is precious, our newsletters focus on what’s really important.

With comprehensive market coverage that ranges from mergers and acquisitions to scrutiny of individual company financial performance to analysis of critical trends to news on policy, funding and enrollment, Electronic Education Report has distinguished itself as a must-read in the educational software industry. And as a subscriber to EER you will be briefed on the findings of the latest Simba research reports as they are published including Moving Online: K-12 Distance Learning Market Forecast 2010.

Think of Electronic Education Report as an investment in your company’s well-being. As the marketplace begins to pick up again, the news, data, and analysis contained in each issue will be more important than ever to your business and your ability to capitalize on opportunities. You don’t have time to keep tabs on everything your competitors are up to—let us do it for you!

Don’t be left without the information and analysis that can help you compete effectively—download your free sample issue and subscribe to Electronic Education Report today.


Simba Information
Simba Information is the leading authority for market intelligence and forecasts in the information and media industries. Our comprehensive, timely, quality research and presentation of market intelligence have provided key decision-makers at more than 15,000 client companies across the globe with timely news, analysis, exclusive statistics, and proprietary industry forecasts. Simba's extensive information network has been delivering valuable independent perspective on the people, events, and alliances shaping the media and information industry since 1989.

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Simba Information in the News
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