Borders Throws in the Towel, All Remaining Stores to be Liquidated

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black sea

It wasn't simply the ebook market that killed Borders.  The most significant factor in its demise was it's poor online presence.  It's online catalogue was meager compared to amazon or B&N.  Their online prices were also the same as their in-store prices which, themselves, were condsiderably higher than their competitors'.  This is particularly true of other media; DVD/blu-ray prices were sometimes double that of other stores. 

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Kinetic

That's sad, I always hate seeing bookstores close.

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lunchbox73

Too bad. I like Borders but you have to find a way to keep up with the competition. Survival of the fittest.

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Belboz99

BTW, on the employment angle...

While attending community college one of my classmates mentioned that he used to work for IBM on their mainframes.  I asked him where he was now "Borders" he replied.

Our city is already 15% unemployment, and while there's no reliable statistic regarding underemployment in the area, most people put it around 40%.

11,000 jobs for 200 stores is 55 jobs per store.  Granted, there's probably a large portion for a corporate office somewhere, but still, this sucks! 

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Belboz99

One really sad bit in all of this is that Borders was our city's last and final location to buy Music outside of Best Buy, Target, Walmart, etc.

Media Play shut it's doors nearly a decade ago.  Our largest mall has over 200 shops, and not a single one of them caters to Music, even to the extent Borders did (which admittedly wasn't even 1/3 the inventory).

It's down to Toad Hall (long-time seller of used books and records, 10's of 1,000's of albums old and new). and CD Source and Disc Replay (both sell used CDs) and a Christian books and CD's store.

We have over 300,000 people in our metro area, and the only stores that sell new music are essentially Best Buy, Walmart, Target, and K-Mart.  

F'ing Brilliant! 

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Keith E. Whisman

Borders was my favorite book store. Man this sucks. Barnes and Noble is not as good as Borders was. This sucks.

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Holly Golightly

Borders was my favorite bookstore too. Sigh, atleast their website is up and running... I have purchased through their website a couple of times. They are great too. That is, I really like their eBook selection. 

What Borders should have done was 2 things. Locate their stores near universities, and come out with a competitor against the Nook. eTextbooks are like a gold mine for profit. Not doing any of those 2 things was a rather foolish business decision on their end. Oh well, a toast to borders, they will be missed!

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xtiger

The biggest problem I've seen with brick and mortar book stores was people using them as a library. they'd buy some coffee, grab a book and read it while nurising their latte. When done, they'd walk out and repeat every day.  Amazon, Kindle and Nook didn't hlep either.

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Brad Chacos

Noooo... What about all my Borders Reward Points? To be honest, I don't actually have that many, because I'd rather go to Barnes and Noble (or even better yet, to the local Toadstool Bookshops) instead.

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jedisamurai

20 bucks for a hardback? Sounds reasonable right? Can't imagine why you would go out of business... I will miss the import magazines section. Edge Magazine was cheaper by the issue than a subscription. He was close. Americans can't WRITE worth anything. I ought to know. I'm American and I'm a writer! :D

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Darkside2984

I know that I won't even consider buying books from brick and mortar anymore because of price. When I log in to Amazon I can read through hundreds of comments about a book and usually find about ten that are pushed to the top, well written and thought out and give a good indication of what those ten people actually thought of the book.

The employees at brick and mortar stores are sometimes very helpful, but more often than not they are useless. The prices also reflect the overhead and rarely match what prices were offered online. This past week I went to buy the game of thrones box set from B&N after seeing it for $20 online. When I went to purchase it in the store it was $35. Reminded me why I hadn't been to B&N for two years. 

That being said I did get a Nook color and really like the device. However, since the prices of the books are set by the publisher, to get the set would cost me $35. Not to mention that for God knows what reason, if you buy the four book set in the Nook store it's all one giant book.

So eventually I just went back to Amazon, found it for $18 and using my Prime membership got it in the mail today. Moral of the story? Brick and mortar is as good as gone but those "paper books" won't be going anywhere until publishers lose some control and the market pushes the price around (like it does with paper books). If I were a betting man, I would look to Google in the next few years to make this a reality. 

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mls067

My wife purchased that same set for me, great books!!!

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noobstix

I remember when the one near my house (about a 20 minute drive) closed down.  I didn't think Borders was in this deep.  Oh well, I don't mind shopping at Barnes and Noble since their selection is about the same as Borders was (and I don't have to waste the gas driving between the two stores).

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steevonson

The Corporate Quickening. In the end... There can be only one!

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RUSENSITIVESWEETNESS

Americans can't read for shit, anyway.

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stinkypeepers

Really?  I'm pretty sure I can read just fine, thanks.  Not all American's are uneducated, blithering idiots.  I'm sure you put a lot of time an effort in your comment though.  Congrats on looking like a total dipshit. 

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lunchbox73

It's best not to feed the trolls.

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mattman059

We should give him a gold star for effort.....

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FrancesTheMute

"Competitor Barnes and Noble managed to get into the market and carve out a space, but there just wasn’t another nook for late-comer Borders."

 

http://instantrimshot.com/

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level1paladin

Fuck your comment system.  It deleted my shit after directing me to an advert and I ASSURE you what I had to say was important and would have saved lives.

The song is TAPS

 

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mattman059

The song is TAPS

...that's what I was thinking... 

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Nimrod

I and my friends were always treated like crap by their employies. Their prices were a joke.

 

 

 

 

fix your comments section

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mattman059

probably just a bad store...I've always been treated great.

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