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Borders Opening Two Airport Stores This Winter

ANN ARBOR, Mich. (BUSINESS WIRE) Jan. 15, 2004

Borders’(R) airport stores were recently nominated for four key awards by "Airport Retail News" (ARN) trade magazine. The ARN awards are the most prestigious in the industry; approximately 3,000 airport executives, consultants and concessionaires nominate airport retailers for the awards and an independent panel of judges selects the winners. The award nominations include:

Retailer with Highest Regard for Customer Service

Best Airport Retail Store Design

Best Retail Specialty Brand Operator

Best Airport Retailer

Last year, ARN named Borders’ airport stores the "Best New Specialty Retail Concept." The winners of this year’s awards will be announced in February.

"Travelers have been very responsive to Borders’ airport concept," said Tami Heim, president of Borders. "We’re proud of the outstanding customer service we’re able to offer travelers in an inviting atmosphere that caters to the on the go shopping needs of our airport customers. ARN’s recognition of our efforts is gratifying."

Borders opened one new store in Houston’s George Bush Intercontinental Airport on December 23, 2003. Gloria Jean’s Coffees operates the cafe in the Houston store. Additionally, a Borders airport store in Cincinnati was relocated to a permanent location on December 20. Borders’ next store is scheduled to open in the Las Vegas McCarran International Airport in March 2004. Six airport stores currently operate under the Borders brand, with locations in Boston, Cincinnati, Houston, Orlando and two in Newark. Five to 10 additional stores are slated to open by the end of 2004.

About Borders Group

Borders Group Inc. (NYSE:BGP) is a leading global retailer of books, music and movies. and the Pacific Rim; 36 Books etc. stores throughout Great Britain; and approximately 750 Waldenbooks stores in malls across America.

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