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Dec 6, 2006

Borders Scales Back Music

Industry heavy hitter Borders Books and Music announced that it would be scaling back its music section to create more room for a variety of other "retail opportunities".

CD sales were down 18%, while book sales were up 1%. Borders is contemplating additional space for gifts, stationary, books, book signings and events and a possible digital music kiosk system, but nothing is concrete yet.

Currently, remodeled stores with more book space and less music space are doing increased sales across the board.
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