BORDERS is Closing - Sitcoms Online Message Boards

JamesG · 07-18-2011, 08:48 PM

Borders Bookstore Will Eliminate 11,000 Jobs, Close 400 Remaining Stores
7/18/11

Bankrupt Borders Group Inc. said it has canceled its auction and will sell itself to a group of liquidators.

Borders announced the decision on Monday, saying it was not able to reach a deal for a going-concern sale to salvage its 400 remaining stores and 11,000 jobs.

A liquidation group led by Hilco Merchant Resources will begin liquidations as early as Friday, Borders said in a statement.

The bookseller will seek bankruptcy court approval of the closing procedures at a hearing set for Thursday.

http://www.huffingtonpost.com/2011/0..._n_902024.html

Dork · 07-18-2011, 08:52 PM

That is too bad, oh well, well, at least Barnes and Noble is still open

Mr. Television · 07-18-2011, 09:23 PM

Nobody reads books anymore I guess.

Retro4Life · 07-18-2011, 09:26 PM

Very sad. I don't read as much as I used to, or should, but once I get started on a book it's hard for me to stop and there's no feeling quite like devouring a good book.

The death knell for yet another joy from my youth. And no, the Ipad and Kindle are not acceptable substitutes.

Dork · 07-18-2011, 09:42 PM

Quote:

Originally Posted by Stuck In The '70's

Nobody reads books anymore I guess.

I disagree, I am sure people still read books who still prefers reading a real book than using the Kindle or Color Nook

TVFactFan · 07-18-2011, 10:04 PM

Barnes and Noble is sill holding on.

Liza · 07-18-2011, 10:06 PM

Borders was started in Ann Arbor, Michigan, very near where I grew up. I've been to their headquarters thousands of times and loved it. (Barnes and Noble were dirty words in my hometown.)

When I graduated college I worked at a Borders in Harrisburg, PA until I could find a job with my degree. I have to tell you, I hated working there. That was more a fault of poor management than the company, but I did have inklings back then (this would have been 2004) that things were headed downhill. Still, although I hated working for them, I did enjoy the company and am sorry to hear it's going. I'm sorry for my friends that still work there. It's a shame.

Family Ties Forever! · 07-18-2011, 11:01 PM

That's a shame that Borders is closing.; The Borders store that is close to me has always been over priced in my opinion. $40+ for a book is a lot.

MrCleveland · 07-18-2011, 11:25 PM

Another store going to the grave.

I wonder if The Disney Store is next? (They tend to do better as an internet site now).

Family Ties Forever! · 07-19-2011, 12:15 AM

Quote:

Originally Posted by MrCleveland

Another store going to the grave.

I wonder if The Disney Store is next? (They tend to do better as an internet site now).

Unfortunately, the Disney Store is another over priced store. I like the store, but the prices are crazy.

associate · 07-19-2011, 06:03 AM

Internet sites are killing retail stores by the dozen.

Brad Russ · 07-19-2011, 12:28 PM

WOW, that sucks! I love Borders!

AB · 07-19-2011, 03:34 PM

Man, I'll miss Borders. I stop in there once a week to browse & buy paperbacks. I also love those Mocha drinks the cafe serve. They sent me another discount coupon yesterday through email but they didn't mention the closing. Wonder when it will finally close for good?
The closest Barnes & Nobles is 50 miles away but we do have a Books-A-Million in our city. So I'll probably check it out once Borders closes. I wonder if they email discount coupons too?

TJL · 07-20-2011, 12:35 AM

It's too bad they're closing. I love their store at the Time Warner Center here in New York.

KurtfromPitts · 07-20-2011, 11:41 AM

Been a Borders customer for 20 years.

Hate when this happens.

07-18-2011, 08:48 PM	#1
JamesG Freakshow Moderator Forum Icon Join Date: Feb 01, 2008 Location: Brooklyn, NY Posts: 57,075	BORDERS is Closing Borders Bookstore Will Eliminate 11,000 Jobs, Close 400 Remaining Stores 7/18/11 Bankrupt Borders Group Inc. said it has canceled its auction and will sell itself to a group of liquidators. Borders announced the decision on Monday, saying it was not able to reach a deal for a going-concern sale to salvage its 400 remaining stores and 11,000 jobs. A liquidation group led by Hilco Merchant Resources will begin liquidations as early as Friday, Borders said in a statement. The bookseller will seek bankruptcy court approval of the closing procedures at a hearing set for Thursday. http://www.huffingtonpost.com/2011/0..._n_902024.html Attached Images

07-18-2011, 09:23 PM	#3
Mr. Television 23 Years at Sitcoms Online Forum Icon Join Date: Jun 06, 2003 Location: Somewhere you're Not Posts: 62,132	Nobody reads books anymore I guess.
	__________________ Sonny

07-18-2011, 09:26 PM	#4
Retro4Life Accept No Substitutes Forum Veteran Join Date: Feb 04, 2009 Location: IL Posts: 6,708	Very sad. I don't read as much as I used to, or should, but once I get started on a book it's hard for me to stop and there's no feeling quite like devouring a good book. The death knell for yet another joy from my youth. And no, the Ipad and Kindle are not acceptable substitutes.
	__________________ Alex Reiger :[Trying to convince Louie not to antagonize Bobby] "It's not hard to make people feel bad about their lives. What's hard is making people feel good about their lives."

07-18-2011, 11:01 PM	#8
Family Ties Forever! Member Forum Fanatic Join Date: Apr 16, 2002 Location: Keaton residence Posts: 10,214	That's a shame that Borders is closing.; The Borders store that is close to me has always been over priced in my opinion. $40+ for a book is a lot.
	__________________ Jenny

07-18-2011, 11:25 PM	#9
MrCleveland Drew Carey from Hell Forum Star Join Date: Nov 10, 2007 Location: The City of Cleveland, in The State of Cleveland, in The United States of Cleveland Posts: 14,222	Another store going to the grave. I wonder if The Disney Store is next? (They tend to do better as an internet site now).
	__________________ Thank God for kids that love Obscure Things. Lee Hazlewood (1929-2007) You ARE Special to God! Rev. Ernest Angely (August 1921-May 2021)

07-18-2011, 08:52 PM	#2
Dork Member Forum Regular Join Date: Aug 30, 2010 Posts: 591	That is too bad, oh well, well, at least Barnes and Noble is still open

07-18-2011, 10:04 PM	#6
TVFactFan Member Forum Junkie Join Date: Aug 17, 2002 Posts: 99,039	Barnes and Noble is sill holding on.

07-18-2011, 10:06 PM	#7
Liza BestYearsofOurLives Forum Veteran Join Date: Apr 24, 2001 Location: Rochester, NY Posts: 6,537	Borders was started in Ann Arbor, Michigan, very near where I grew up. I've been to their headquarters thousands of times and loved it. (Barnes and Noble were dirty words in my hometown.) When I graduated college I worked at a Borders in Harrisburg, PA until I could find a job with my degree. I have to tell you, I hated working there. That was more a fault of poor management than the company, but I did have inklings back then (this would have been 2004) that things were headed downhill. Still, although I hated working for them, I did enjoy the company and am sorry to hear it's going. I'm sorry for my friends that still work there. It's a shame.

07-19-2011, 06:03 AM	#11
associate Member Occasional Poster Join Date: Oct 03, 2004 Posts: 73	Internet sites are killing retail stores by the dozen.

07-19-2011, 12:28 PM	#12
Brad Russ Member Forum Fanatic Join Date: Feb 17, 2002 Location: Portland, Oregon Posts: 10,085	WOW, that sucks! I love Borders!

07-19-2011, 03:34 PM	#13
AB Member Eternal Member Forum Icon Join Date: Dec 26, 2006 Location: The South Posts: 59,429	Man, I'll miss Borders. I stop in there once a week to browse & buy paperbacks. I also love those Mocha drinks the cafe serve. They sent me another discount coupon yesterday through email but they didn't mention the closing. Wonder when it will finally close for good? The closest Barnes & Nobles is 50 miles away but we do have a Books-A-Million in our city. So I'll probably check it out once Borders closes. I wonder if they email discount coupons too?

07-20-2011, 12:35 AM	#14
TJL Suburbanite Extrordinaire Forum Star Join Date: Dec 29, 2001 Location: New Jersey - the cradle of civilization Posts: 16,591	It's too bad they're closing. I love their store at the Time Warner Center here in New York.
	__________________ "I think I'll stroll up to the front to see how the shooting's going..." - Capt. Benjamin Franklin "Hawkeye" Pierce Read my blogs! http://centralparkamisguide.com/ http://dvdcriticscorner.com Visit me on Facebook!http://www.facebook.com/profile.php?id=641138880 Hey, I do the tweet thing too! http://twitter.com/TomLevier My shop of handmade items! http://www.etsy.com/shop/ColdGarageCreations

07-20-2011, 11:41 AM	#15
KurtfromPitts Member Senior Member Join Date: Feb 10, 2006 Location: Carnegie PA Posts: 1,533	Been a Borders customer for 20 years. Hate when this happens.