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Borders now on the brink of death
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The following comments relate to this news article:

Borders now on the brink of death

article published on 13 July, 2011

It appears that a recent Borders deal with invester Jahm Najafi has fallen apart today, leaving the struggling book store chain on the brink of death. Najafi offered $215 million for the company, plus the assumption of $220 million in liabilities, assuming publishers would give him normal trade terms. As of today, many had agreed, but a few major ones had not, leaving the company on ... [ read the full article ]

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KillerBug
AfterDawn Addict

1 product review
_ 		13. July 2011 @ 23:27 _ Link to this message    Send private message to this user   
The Kobo was just too little too late.

I wonder if this has something to do with the fact that Borders are only located within 150 feet of (much better) Barnes-n-Noble stores.
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Azuran
Member
_ 		14. July 2011 @ 14:18 _ Link to this message    Send private message to this user   
I think both are crap. Any book I need I can either get at a used bookstore or online both of which are incredibly cheaper.
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Hrdrk20
Senior Member
_ 		14. July 2011 @ 15:02 _ Link to this message    Send private message to this user   
I wonder if it has anything to do with letting all those deadbeats read whatever they wanted without paying.
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KillerBug
AfterDawn Addict

1 product review
_ 		16. July 2011 @ 07:24 _ Link to this message    Send private message to this user   
Originally posted by Hrdrk20:
 I wonder if it has anything to do with letting all those deadbeats read whatever they wanted without paying.
That was one of their most profitable ventures ever...people come in and read a book in-store...it takes them 8-10 hours, during which time they would eat and drink from the overpriced coffee bar. Then they would leave without the book, having spent far more than the cost of the book they read!
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_
xtago
Senior Member
_ 		17. July 2011 @ 09:00 _ Link to this message    Send private message to this user   
Bit of a shame.
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