WiFi Finder
Locate wireless services by a specific address, city, state, country, airport, or zip code.
Amazon Will Do Borders' Books
Online retail giant will relaunch company's Web site later this year, selling books, music, and movies.
Joris Evers, IDG News Service
Borders is backing out of online book selling and will hand over its online business to Amazon.com, the companies announced Wednesday.
Amazon.com will relaunch Borders.com as a co-branded Web site. The site, scheduled to debut in August, will feature all books, music, video, and DVDs available at Amazon.com.
In addition, Borders.com will continue to have Borders information, such as a directory of the company's 350 stores as well as in-store event calendars, the companies announced at a news conference in New York. Amazon.com's Web site will continue to operate independently.
In September 2000, Amazon.com closed a similar deal with Toysrus.com, with the distinct difference that Toysrus.com handles the toys' inventory. Amazon.com will handle the full Borders.com inventory, the companies say.
Amazon and Borders said there is "no equity involved in the deal," and the companies declined to comment further on the economics of the agreement.
Approximately 70 people at Borders.com will be made redundant as a result of the deal, Borders Group President and Chief Executive Officer Greg Josefowicz says, adding that Borders will try to find positions for them elsewhere within the company.
Details on customers of the current Borders.com will not be shared with Amazon.com unless the customer has "opted in," a spokesperson for Amazon.com says.
Amazon.com does not yet know how many customers it is gaining, as the customer databases of both sites haven't been compared to determine overlap in customers.
Amazon.com and Borders said they will work together to offer new services, such as same-day delivery or reserving a book online for pickup in a store.
- Sponsored Resource:Improve your network with the right mix of features, performance and pricing.
- Sponsored Resource:Growing your business requires the right tools. Dell's networking servers can help.
- Sponsored Resource:Thinking about a new Laptop? Lenovo has models to meet everyone's needs.
- Sponsored Resource:Twitter: A how-to guide for using Twitter as a business tool.
- Sponsored Resource:Smartphone security threats are on the rise. Is it time to safegaurd your device?
Print 65% more pages than with refilled inks. Trust Original HP Inks. Hit Print Reliably.
Business Security 101
Solve Tech Issues Fast
Featured APC Accessories For Your System
10% Off Entire Cart at Online Store
-
APC Back-UPS ES Safeguards your equipment from damaging surges and spikes that travel along your utility & data lines.
-
APC SurgeArrest Performance Highest level of protection for your professional computers, electronics and connected devices, as well as provides surge protection.
People who read this also read:
Best Prices on Printers
Officejet J6480 All-In-One PrinterPrice: $144.00
WorkForce 500 All-In-One PrinterPrice: $45.00
ML-2510 Laser PrinterPrice: $49.95
Photosmart C309 All-In-One PrinterPrice: $199.98
Photosmart C6380 All-In-One PrinterPrice: $122.00
Photosmart C8180 All-In-One PrinterPrice: $181.61
-
Cisco Small Business Center Find out how to keep employees mobile, connected and productive with secure wireless networking.
-
Dell Servers for Small Business Click here to see how a Dell server can help you back up your company's data and save you valuable time.
