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Book Nook provides readers with insights into the world of books. Vick Mickunas takes you into the center of the publishing world with the latest book buzz, book reviews, and exclusive chats with authors..Home > Blogs > Book Nook > Archives > 2011 > July > 18 > Entry
Bye Bye Borders Books….
Well, it is over. Borders Books chain is shutting down after 40 years. The booksellers are liquidating the business. 11,000 employees will be put out of work. Here’s more from USA Today:
“The book retailer will wind down its remaining 399 stores starting July 22 after it couldn’t reach an agreement with an earlier bidder, Najafi Cos., about an offer to keep the company running. Borders won’t hold an auction, as there have been no proposals to keep the company operating, it said in a statement Monday.
“We were all working hard towards a different outcome, but the headwinds we have been facing for quite some time, including the rapidly changing book industry, eReader revolution, and turbulent economy, have brought us to where we are now,” said Borders Group President Mike Edwards in a statement.”
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Vick Mickunas
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Permalink | Comments (4) | Post your comment | Categories: booms and busts
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By Blowfly
July 25, 2011 5:08 PM | Link to this
Originally, I liked Borders better and B&N, but over the years that changed. Still, losing Borders is not a good thing for book world and book lovers. Maybe this is good news for the indie books stores. I hope so.
By irishguy
July 20, 2011 1:36 AM | Link to this
Well said Dave.
By Kellee
July 19, 2011 12:11 PM | Link to this
I really liked Borders. It’s too bad it’s Borders and not Barnes & Noble - they have truly the worst customer service EVER.
By Dave
July 19, 2011 6:45 AM | Link to this
R.I.P. Borders. While you were not my favorite book store, that is a little like saying “not my favorite chocolate cake”.