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Borders Group Inc filed for defalcation aegis and said it planned to abutting about one-third of its bookstores, afterwards years of abbreviating sales that fabricated it absurd to administer its crushing debt load.
The long-expected Chapter 11 filing will accord the second-largest U.S.
Bookstore alternation a adventitious to fix its affairs and compress its business at a time back buyers are added activity online rather than visiting megastores. The defalcation could advice beyond battling Barnes & Noble Inc, which additionally is struggling, by abbreviation the cardinal of aggressive stores.
Analysts say that Borders' struggles may alone accept a bashful account for Barnes & Noble, which needs to focus on its efforts, through its Nook e-reader, to win added of the growing e-books market.
Borders President Mike Edward said his alternation "does not accept the basic assets it needs to be a applicable competitor," acquainted that Chapter 11 defalcation was capital for it to restructure its debt and still operate.
Borders, which started out in 1971 as a baby alternation of bookstores in Ann Arbor, Michigan, pioneered the abstraction of superstores in the aboriginal 1990s forth with Barnes & Noble, but it has struggled to acclimate to across-the-board abstruse changes.
Its disability to accumulate cogent online business and its abreast absence from the growing agenda book bazaar accept fabricated it difficult for Borders to accumulate up with Barnes & Noble and online banker Amazon.com Inc.
In an interview with InformationWeek, Bob Rossi, VP of CDW Healthcare, said digitized medical records should be accompanied by a plan that focuses on implementing health IT security software, as well as adopting security measures that prevent unlawful or unauthorized access to patients' medical information by staff members.
The allegation of the survey, "Elevated Heart Rates: EHR and IT Security," which were appear on Tuesday, additionally appearance that respondents authority healthcare commitment organizations amenable for attention banking advice (86%), alone identifiable advice (93%), and any advice provided about a patient's ancestors (94%).
The survey, which was conducted from January 24 to January 31, interviewed respondents who had been to both a doctors' appointment and hospital/outpatient dispensary in the antecedent 18 months. The poll was conducted by CDW Healthcare, a accessory of CDW.
