Eight Waldenbooks Stores Become Borders Express
Ann Arbor, Mich., Borders Group has converted eight of its Waldenbooks locations over to the Borders Express banner.
The locations include seven in Ohio: two in Akron, and one each in Cleveland, Elyria, Stow, Parma and Canton. An eighth location in Burlington, Wash., was converted, too.
In a separate development, Borders announced it would open a 17,000-sq.-ft. store in St. Joseph, Mo., this July.
CSK Auto Has Lackluster Q1
Phoenix, CSK Auto Corp. reported net income of $8 million for its first quarter ended May 1, down from $12.8 million in the same quarter a year before. Sales remained flat at $397.2 million on a same-store sales decrease of 1.2%.
Matthews, N.C., Family Dollar announced the promotions of Barry Sullivan to senior VP, store operations, and Michael Vickers to VP, store operations. The company said that Bruce Barkus, current executive VP, store operations, has accepted a CEO position with another company.