A2: Business

The Wall Street Journal reports on how Ann Arbor-based Borders Group is retooling its business, and includes the first interview given by president Mike Edwards since the bookstore chain filed for Chapter 11 bankruptcy in February. From the report: “Mr. Edwards said the No. 1 question he hears concerns Borders competing successfully online. The retailer transferred its online business to Amazon back in 2001 and didn’t relaunch its own website until 2008. Mr. Edwards said the Borders website is attracting traffic but that too many people leave the site without buying anything.” [Source]