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Old 02/13/2011, 02:59 pm   #1
Chyron8472
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Default BORDERS going bankrupt...

Borders bookstore is preparing to declare bankrupty...

http://www.huffingtonpost.com/2011/0..._n_822128.html

http://online.wsj.com/article/SB1000...865644420.html


What does this mean for retail bookstores and ebooks?
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Old 02/13/2011, 03:05 pm   #2
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Borders UK went bust in 2009, I didn't realise it was still trading in the US...
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Old 02/13/2011, 03:07 pm   #3
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*insert 'son, I am disappoint' pic*

Borders is a great store, I hate to see it come to this. There's no way I'm going all the way out to Barnes & Nobles either... guess it's Amazon or bust now...
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Old 02/13/2011, 03:10 pm   #4
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NOOOOOOOOOOOOOO!! I LOVE going to borders... browsing real books is an experience that amazon.com cannot duplicat.
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Old 02/13/2011, 03:13 pm   #5
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My parents used to work at HQ, my stepmom quit, my dad was laid off.

They've been screwing up for years (only need two people in the Sysamin group, really?)
People who used to work there have been expecting this.
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Old 02/13/2011, 03:18 pm   #6
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This is saddening because Barnes and Nobles is so cramped and blargh ever since they decided 1/6 of their stores' floor space need to be exclusive to the Nook. Borders has always been a great store because I never got that cramped feeling, plus there isn't green everywhere.

I did just buy 100 dollars of things at a Barnes and Noble today, so I am a massive hypocrit.
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Old 02/13/2011, 04:14 pm   #7
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Bankruptcy does not mean they are going away. Companies use it these days to restructure debt or some such nonsense.
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Old 02/13/2011, 04:32 pm   #8
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BLAAAARG! Please tell me my local Borders isn't among the ones closing. Please oh please tell me my local Borders isn't among the ones closing.
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Old 02/13/2011, 04:35 pm   #9
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BLAAAARG! Please tell me my local Borders isn't among the ones closing. Please oh please tell me my local Borders isn't among the ones closing.
This goes for me too, even more so because my sister works there.
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Old 02/13/2011, 04:36 pm   #10
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Bankruptcy does not mean they are going away. Companies use it these days to restructure debt or some such nonsense.
No, but (at least in this case), it does mean mass closings, and Borders isn't exactly as prevalent as Starbucks.
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Old 02/13/2011, 04:50 pm   #11
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This is saddening because Barnes and Nobles is so cramped and blargh ever since they decided 1/6 of their stores' floor space need to be exclusive to the Nook.
Wait, really? My B&N stores are massive, multi-level stores with one small booth dedicated to the Nook. It's a prominently-placed booth(usually at the front of the store), but I think it takes up about as much space as the board games they sell for some reason.
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Old 02/13/2011, 05:13 pm   #12
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I'm between the two of you. My B&N is fairly small, single level, and does feel a bit cramped, but only has the small Nook display at the front of the store.
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Old 02/13/2011, 05:23 pm   #13
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I hope they do not close the one in my town.
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Old 02/13/2011, 06:29 pm   #14
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What are "books"?
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Old 02/13/2011, 06:51 pm   #15
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Old 02/13/2011, 07:08 pm   #16
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What are "books"?
An analog form of data storage, one of the last in widespread usage. Words are printed directly onto thin sheets pressed from tree pulp, and are then bound together on one side.
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Old 02/13/2011, 11:37 pm   #17
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Hope the ones in NZ don't close.
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Old 02/14/2011, 01:08 am   #18
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An analog form of data storage, one of the last in widespread usage. Words are printed directly onto thin sheets pressed from tree pulp, and are then bound together on one side.
Contrary to analog music or analog photography the term analog is often misused in combination with normal books as you don't store the relevant information in a continuous way, a character is still a character which again is part of a discrete abstract definition.

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Old 02/14/2011, 01:42 am   #19
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Borders in Australia is still running. The same company owns Angus & Robertson and Borders in Australia.
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Old 02/14/2011, 09:25 am   #20
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I've only ever boughtTwo things from Borders (UK), which were DVDs. One of which had a large scratch on it, which rendered it unplayable. Unfortunately, the store was 16 miles away, so I never got to return it (Petrol cost being greater than the DVD value).

I guess it's a shame to see bookstores going, but, to be honest, it's not surprising. Books are just so much more expensive instores. The last time I went into a bookstore, I was shocked to see them charging the price on the back of the book, which shows just how used to getting them at nice online prices I am (£2.99 instead of £5.99, for example). I think Borders is suffering from the same fate as a lot of retailers (like HMV). A lot of people visiting them, but not many actually buying stuff.
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