 In March 2007, Borders Group announced it would scale down the number of Waldenbooks outlets it had by half, to about 300, in the next year.Also in March 2007, Borders Group announced the disposal of its Ireland and UK businesses, including its Books etc.business in the UK, with the aim of revitalizing the core US business; however, it was also announced that Borders Group would retain the Paperchase stationery business.