This time Borders has eliminated another 40 jobs from their Ann Arbor headquarters, and another 5 jobs at their distribution centers, announced on Monday. Spokesperson Mary Davis told the Detroit Free Press, “The realignment at the store support center encompasses nearly all business areas, including IT, human resources, finance and merchandising. This decision is a result of Borders’ focus on reducing costs and readjusting its business model to improve profitability and cash flow.”
In better bookstore news, lobbying from Laredo, TX to entice a major bookstore to the city following the closure of their last new bookstore of scal, a B. Dalton’s, in late 2009, appears on the verge of success. Laredo’s Pro 8 News says that “negotiations with Books-A-Million were supposed to be finalized on Monday.” A new and used bookstore, Escape Again, opened in the city last year.