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‘The Daily Wrap:’ Borders, Toys R Us, Best Buy

Published on May 28, 2010

Borders Net Loss Shrinks in Q1
Although book retailer Borders reported decreased sales and increased operating loss in Q1 fiscal 2010, it reduced net loss from $86 million to $64.1 million. Domestic comparable store sales fell 11.4%, compared to a 12.5% drop in Q1 fiscal 2009. Source: Borders Group, Inc.

Toys R Us Files for IPO
Toy retailer Toys R Us, Inc. has filed with the Securities and...
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