Posts Tagged ‘borders’

Borders and Its Last Dying Days

Posted: February 19, 2011 in Braak
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I went to the Borders at the mall, today.  It is closing, so they are having a huge sale.  Well, a store-wide sale.  Most of the books are only 20% off; even the ones that used to be on the 3 for 2 table, but I guess it’s not like Borders gives a shit what anyone thinks about them anymore.

I feel pretty horrible about store closing sales.

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Some Thoughts on Borders

Posted: February 15, 2011 in Braak
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Borders, you may have heard, is going to be filing for bankruptcy.  They will divest themselves of 200 stores at first (at first), out of their 640-some.  I have said that I think this is a strategy meant to allow them to easily shed the worst of their liabilities, and to make the remaining infrastructure more appealing for a buyout.  I generally stand by this decision; intuitively, I feel little certainty that anyone in the company is trying to save access to books; though I can hardly fault anyone on a sinking ship for looking for a life preserver before they consider the loss of their boat’s impact on the sugar industry.

What I find interesting about this is that Borders employees have been predicting a collapse like this for years.

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