Book and media retail chain Borders isn’t doing fine at all in the music department. The company recently reported Q3 financials. Net loss grew 8.9 percent to $175.4 million on revenue of $693.4 million (down 9.4 percent).
Same store sales even decreased 12.2 percent. The music category alone accounted for 2.2 points of this slide. Glenn at Coolfer has more details.
