ruh-roh, borders.

Looks like Borders is going to file Chapter 11 bankruptcy as early as Monday or Tuesday.  They’ll be closing 200 of their stores, with an option to close 50 more if needed.  (Borders has 600-odd stores nationwide.)

We have aBorders locally in West Leb.  It’s where I usually spend a good chunk of my Saturday Dadcations.  Wonder if that one’s one of the 200 that will get the axe.

If you have a Borders gift card, now would be a good time to use it, I think.

14 thoughts on “ruh-roh, borders.

  1. diane says:

    There’s one Borders stand-alone store in the parking lot of the big mall that has (had?) a Waldenbooks, and is down the road from Barnes & Noble. It seems as if B&N is used mostly as a reading room; I can see them maybe following suit in a couple of years.

  2. You’ll just have to hang out in Salt Hill instead. They actually possess an espresso machine and can be persuaded to use it, but Guinness looks so much like coffee that you might as well have that instead.

  3. Rick T says:

    B&N may survive as the support structure behind their Nook reader.

    I bought one this summer and it is kind of scary to get a copy of Twain’s Autobiography and start reading it while sitting in my jammies.

  4. libertyman says:

    Judging by Barnes and Noble’s performance on my recent order, as well as their policies, I would say they will be kaput as well.

  5. Marko Kloos says:

    Hard to compete with a business model that has zero retail space overhead.

    • Ian Argent says:

      Hard, but not impossible. You have to add value to get people to pay higher prices. For a long time I preferred B&N to Amazon because I could satisfy my impulse shopper immediately and B&N was only marginally more expensive than Amazon for books.

      Since I stopped buying books in dead tree and B&N stopped carrying the books I can’t (RPG books), I popped for Amazon Prime instead of B&N’s loyalty card, and buy Things Other Than Books at Amazon. The books come from Baen now, mainly; since I won’t pay for DRM-laden e-books. Amusingly enough, I *use* the Kindle reader as Amazon won’t port the (superior, IMHO) Mobipocket Reader to Android. I just don’t shop at the Kindle store.

  6. og says:

    If your store is regularly busy and packed, look for it to close. if it is commonly devoid of paying customers, it will be kept open. Such is the management decision tree they usually seem to use.

  7. MarkHB says:

    It’s aways damned sad when a bookstore closes. Oh my, the smell of bookstores…

  8. Ruth says:

    My local one is closing. Stuff is already at 30% off

  9. […] Borders is filing Chapter 11 bankruptcy and closing some 200 stores. Last night I stopped by one of the local Borders store (the one by West Town Mall, for Knoxvillians). […]

  10. […] Thankfully, the store nearest us is not on the list.  I just hope that it doesn’t fall on the list after a few weeks.  We haven’t been in a while, but we do like making a Friday or Saturday night stop in Borders, browsing the books, reading magazine, grabbing coffee and generally having a decent time, and actually having a pain in the butt time trying to decide what to pick up with the 25, 30, 40 or even 50% off coupons we get just about every week. Looks like Borders is going to file Chapter 11 bankruptcy as early as Monday or Tuesday.  They’ll be closing 200 of their stores, with an option to close 50 more if needed.  (Borders has 600-odd stores nationwide.) We have aBorders locally in West Leb.  It’s where I usually spend a good chunk of my Saturday Dadcations.  Wonder if that one’s one of the 200 that will get the axe. If you have a Borders gift card, now would be a good time to use it, … Read More […]

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