Walden Book Company, Inc. · Ann Arbor, MI United States
Company Description
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Walden Book Company targets mall shoppers through some 295 Waldenbooks storefronts in all 50 US states and the District of Columbia, most located in malls. The company steps up its retail efforts during the retail high season, using other venues such as mall kiosks to sell specialty gifts items. The chains also sells books at airports. Waldenbooks accounts for 15% of parent Borders Group's sales. Borders has been dramatically shrinking the size of the unit, announcing in 2009 plans to shutter more than 200 locations, as mall traffic slows. To read the full description, subscribe now.
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Key Walden Book Company, Inc. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | January |
| Employees | 990 |
Walden Book Company, Inc. Executives
14 executives listed for Walden Book Company, Inc.'s Ann Arbor, MI location.
| Title | Name & Bio | Contact |
| SVP and CIO | Susan Harwood | Network |
| EVP, Borders Stores U.S. | Kenneth Armstrong | Network |
| EVP, Merchandising and Marketing | Robert Gruen | Network |
Competition
Competitive Landscape for Walden Book Company, Inc.
Demand is driven by demographics and consumer income. The profitability of individual companies depends on merchandising and marketing. Large companies can provide broader selections and lower prices. Small companies can compete by offering specialized products or serving a local market. The industry is labor-intensive: sales per employee are about $120,000. Sales per employee tend to be lower for smaller, independent bookstores. Major competitors include mass merchandisers, warehouse clubs, Internet retailers, and mail order catalogs. To read the full description, subscribe now.Top Walden Book Company, Inc. Competitors
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