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Most users ever online was 51 on Thu Feb 17, 2011 2:04 pm

Borders Books Closing Stores = Bankruptcy

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Borders Books Closing Stores = Bankruptcy

Post by Angelika on Wed Feb 16, 2011 12:00 pm

Borders will close 200 of its most under producing stores = reduced staff & layoffs


http://money.cnn.com/2011/02/16/news/companies/borders_bankruptcy/index.htm?hpt=T2
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Re: Borders Books Closing Stores = Bankruptcy

Post by Guest on Wed Feb 16, 2011 12:05 pm

This is getting ridiculous! Every day we are reading about more and more job losses. It has to stop! Mad

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Re: Borders Books Closing Stores = Bankruptcy

Post by Phillymg on Wed Feb 16, 2011 12:21 pm

Now I know why I haven't heard back from them about my application.
No

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Re: Borders Books Closing Stores = Bankruptcy

Post by Guest on Wed Feb 16, 2011 6:10 pm

The recession is over folks. lol!

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Re: Borders Books Closing Stores = Bankruptcy

Post by new_wave_princess on Wed Feb 16, 2011 6:15 pm

I worked at Borders back in 2000-2001 and even then they were having financial issues. They cut me from fulltime with benefits to part time (I quit then) and did that to others.
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Re: Borders Books Closing Stores = Bankruptcy

Post by Sunrise on Wed Feb 16, 2011 6:19 pm

It was either Borders or Barnes & Noble - Barnes & Noble seem to win out because they had more stores that were convenient for me.

I love books so I hate to see any bookstore cave. Neutral
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Re: Borders Books Closing Stores = Bankruptcy

Post by Guest on Wed Feb 16, 2011 6:23 pm

On-line shopping is hurting stores too. Just click a button and it shows up at your house a few days later. study

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Re: Borders Books Closing Stores = Bankruptcy

Post by mrgolf on Wed Feb 16, 2011 6:25 pm

Jobless_in_MA wrote:The recession is over folks. lol!
Thank goodness lol!
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Re: Borders Books Closing Stores = Bankruptcy

Post by new_wave_princess on Wed Feb 16, 2011 6:25 pm

There's several reasons why B&N won. For one they got into the internet early while Borders didn't. Also, they expanded into other things (their version of a Kindle for example) while Borders really kept with books, music, and DVDs.
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Re: Borders Books Closing Stores = Bankruptcy

Post by mrgolf on Wed Feb 16, 2011 6:27 pm

gettheminNOVEMBER wrote:On-line shopping is hurting stores too. Just click a button and it shows up at your house a few days later. study
Exactly. I like Borders and much prefer to shop there than on line. I guess I am in the minority
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Re: Borders Books Closing Stores = Bankruptcy

Post by Guest on Wed Feb 16, 2011 6:29 pm

new_wave_princess wrote:I worked at Borders back in 2000-2001 and even then they were having financial issues. They cut me from fulltime with benefits to part time (I quit then) and did that to others.

Just can't compete with online sellers, like Amazon, and many people are now rediscovering their local Library.

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Re: Borders Books Closing Stores = Bankruptcy

Post by Sunrise on Wed Feb 16, 2011 6:38 pm

knarf wrote:
new_wave_princess wrote:I worked at Borders back in 2000-2001 and even then they were having financial issues. They cut me from fulltime with benefits to part time (I quit then) and did that to others.

Just can't compete with online sellers, like Amazon, and many people are now rediscovering their local Library.

I definitely have been hitting the local library but mostly for dvds. I can never remember any of my favorite authors' names from books that I read and loved in the past. Sad, isn't it Surprised There are a couple that come to mind like Clive Cussler and Michael Crichton but the fantasy and sci-fi authors escape me. Mad
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Re: Borders Books Closing Stores = Bankruptcy

Post by Angelika on Wed Feb 16, 2011 6:39 pm

knarf wrote:
new_wave_princess wrote:I worked at Borders back in 2000-2001 and even then they were having financial issues. They cut me from fulltime with benefits to part time (I quit then) and did that to others.

Just can't compete with online sellers, like Amazon, and many people are now rediscovering their local Library.

Amazon is the Big Box Retail Internet version. They've expanded into so many product lines, they may put Wally World out of business some day. What a Face
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Re: Borders Books Closing Stores = Bankruptcy

Post by new_wave_princess on Wed Feb 16, 2011 6:40 pm

I live at the local library and get many books and DVDs there. Not many CDs there though.
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Re: Borders Books Closing Stores = Bankruptcy

Post by Guest on Wed Feb 16, 2011 6:41 pm

I always liked Dean Koontz, kind of sci-fi thriller.

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Re: Borders Books Closing Stores = Bankruptcy

Post by Angelika on Wed Feb 16, 2011 6:45 pm

Jobless_in_MA wrote:The recession is over folks. lol!

Thank you for reminding us. I'm so happy that's over.


Now comes The Depression. Shocked
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Re: Borders Books Closing Stores = Bankruptcy

Post by Sunrise on Wed Feb 16, 2011 6:48 pm

I remember now - Deborah Chester. I am going onto my library's online page and see if they have any. Very Happy
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Re: Borders Books Closing Stores = Bankruptcy

Post by Guest on Wed Feb 16, 2011 6:52 pm

Sunrise wrote:
I definitely have been hitting the local library but mostly for dvds. I can never remember any of my favorite authors' names from books that I read and loved in the past. Sad, isn't it Surprised There are a couple that come to mind like Clive Cussler and Michael Crichton but the fantasy and sci-fi authors escape me. Mad

I have the same problem also. Now I just walk up and down those aisles till a name jumps out at me. I also used to read so much, I would forget what I read. Four or five pages in, and it's. ahh cr@p I read this already! I hate when they change the cover on a re-released book. grrrrr

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Re: Borders Books Closing Stores = Bankruptcy

Post by Guest on Wed Feb 16, 2011 6:58 pm

I always prefered Borders. Too bad. Hope the one up the road from me isnt closing. I doubt it though, its always busy.

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Re: Borders Books Closing Stores = Bankruptcy

Post by Sunrise on Wed Feb 16, 2011 7:06 pm

I try to patronize the locally owned bookstore as much as possible. I hate when these corporate entities out compete Mom and Pop businesses.
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Re: Borders Books Closing Stores = Bankruptcy

Post by Angelika on Wed Feb 16, 2011 7:10 pm

I agree on the library situation. Not as organized and pretty eye candy as the bookstores but free. Since I can't afford to buy books any more, I keep a list of titles in my wallet to review at the library. Movies, too for the same disorganized reason. I'm lucky tif hey're alphabetized.

and yes, Borders is closest to me than B&N, in a college town so hopefully it will survive the slashing when I can spend again.

What a dream, what a dream.
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Re: Borders Books Closing Stores = Bankruptcy

Post by Guest on Wed Feb 16, 2011 7:16 pm

No B&N in my neck of the woods.

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