BERJAYA Group Bhd is expanding into book retailing after having signed a memorandum of understanding (MoU) with Borders Inc - a subsidiary of global book, music and movie retailer Borders Group Inc - to establish a franchise arrangement to operate Borders stores throughout Malaysia.
Michigan-based Borders Group is the leading global retailer of books, music and movies with annual revenue totalling US$3.7bil and employs about 32,000 employees worldwide. The company operates over 450 Borders superstores and about 700 Waldenbooks stores throughout the United States.
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