ANN ARBOR MICH. —Everyone knows that Borders bookstores sell a lot of books, but few book buyers would be expected to know that the stores’ cafes sold $112 million in coffee and treats last year, or about 4 percent of the chain’s total sales. Borders operates 507 U.S. bookstores that include 480 cafes, of which 452 are covered by a licensing agreement with Seattle’s Best Coffee, a Starbucks Corp.-owned brand. Sales at those branded cafes began to take off three ...
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Contact: Desiree Torres Desiree.Torres@penton.com