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NEWS: Publishers Concerned That Borders Bookstores Will Fail




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Dessa



Joined: 14 Jul 2004
Posts: 4438
PostPosted: Wed May 18, 2011 12:16 pm Reply with quote
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Barnes & Noble reportedly bid on 10 of Borders' stores, as well as the Borders.com online store and customer information.


I really hope this means "online store and customer information" as a set (i.e. the information is part of the online store, and BN would just be taking over the storefront, customers and all) and not that Borders is selling their customer information. I already rarely shop at Borders, and BN less, but that would guarantee I never shop at either of them again. I have no interest in dealing with companies that are willing to buy and sell my personal information.
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Sunday Silence



Joined: 22 Jun 2010
Posts: 2047
PostPosted: Wed May 18, 2011 12:25 pm Reply with quote
Dessa wrote:
I have no interest in dealing with companies that are willing to buy and sell my personal information.


What about a "Security Breech" with the Border Rewards System? And the fact the Employees knew about it, but the company refused to do anything about it?
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minakichan





PostPosted: Wed May 18, 2011 3:24 pm Reply with quote
Kind of sad, but oh well. Somehow, I guess it's sadder to see a bookstore chain close than a movie store chain close.

That's so weird though; I always thought of BN as a company that does worse than Borders.
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Spastic Minnow
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Joined: 02 May 2006
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PostPosted: Wed May 18, 2011 5:52 pm Reply with quote
Well, when a company is apparently trying to right itself and decides that closing every store in Wisconsin's largest market, a metropolitan area of over a million people, is a good idea, I don't think the company really deserves to survive.

I mean, Who would want the only "new" bookstore in the middle of a busy downtown Milwaukee, or a constantly packed store adjacent to a thriving mall? Not Borders, that's who.
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P€|\||§_|\/|ast@



Joined: 14 Feb 2006
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PostPosted: Wed May 18, 2011 6:11 pm Reply with quote
Spastic Minnow wrote:
Well, when a company is apparently trying to right itself and decides that closing every store in Wisconsin's largest market, a metropolitan area of over a million people, is a good idea, I don't think the company really deserves to survive.

I mean, Who would want the only "new" bookstore in the middle of a busy downtown Milwaukee, or a constantly packed store adjacent to a thriving mall? Not Borders, that's who.
Well with a bigger picture view they're probably not thinking which cities within each state is most profitable but which cities nationwide. If they decide that Milwaukee is not one of the top performers, then the entire city and surrounding areas get axed off their list of cities to remain in.
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Youkai Warrior



Joined: 07 Aug 2008
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PostPosted: Wed May 18, 2011 7:10 pm Reply with quote
I've been anxious about this. I don't want Borders to close, but what can I do? It'd be great if Barnes and Noble purchased it. This way, it's one big bookstore, instead of two rival ones. And in some ways, Borders won't be truly gone, it will just have been purchased by someone else.

Quote:
That's so weird though; I always thought of BN as a company that does worse than Borders.


It's been the other way around, sorry.
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Spastic Minnow
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PostPosted: Fri May 20, 2011 2:43 pm Reply with quote
Past wrote:
Spastic Minnow wrote:
Well, when a company is apparently trying to right itself and decides that closing every store in Wisconsin's largest market, a metropolitan area of over a million people, is a good idea, I don't think the company really deserves to survive.

I mean, Who would want the only "new" bookstore in the middle of a busy downtown Milwaukee, or a constantly packed store adjacent to a thriving mall? Not Borders, that's who.
Well with a bigger picture view they're probably not thinking which cities within each state is most profitable but which cities nationwide. If they decide that Milwaukee is not one of the top performers, then the entire city and surrounding areas get axed off their list of cities to remain in.


Most likely they looked at the profitability of each store, without considering that if they weren't competing against each other than the one(s) left would have done more business. The Mall they left still has a Suncoast Video, if that isn't proof of a good location I don't know what is.
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bob_loblaw



Joined: 14 Oct 2005
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PostPosted: Fri May 20, 2011 4:53 pm Reply with quote
If the lease isn't astronomical (and it probably is), I'm willing to bet that the NYC Penn Station/MSG site is one of the ten stores B&N is interested in acquiring.
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