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Books-A-Million Borders bid unsuccessful
BIRMINGHAM, Ala. — Books-A-Million's efforts to secure the inventory, fixtures, equipment and leasehold interests for 30 Borders stores ended unsuccessfully because the company could not agree with Borders on terms and the going out of business sales at these locations commenced, the company announced Monday.
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Dollar General divisional president to retire
Goodlettsville, Tenn. -- Dollar General Corp. announced Monday that Kathleen Guion, division president of store operations and store development, will retire from the company effective July 31, 2012.
According to Dollar General, during her tenure Guion oversaw more than 9,500 stores in 35 states and revamped the company’s real estate strategy. Before assuming her current role in November 2005, Guion served as executive VP store operations. Prior to joining Dollar General in 2003, she served as president and CEO of Duke and Long Distributing Co.