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GoldenRod
10 years on LIF!
Member since 11/06 26792 total posts
Name:
Shawn
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Borders to close all stores nationwide
http://www.newsday.com/business/borders-to-close-all-stores-nationwide-1.3037430
Looks as if the bookseller Borders will go from hard times to extinction.
The struggling company, which filed for bankruptcy five months ago, announced it is now preparing to shutter all its remaining 399 stores, including six on Long Island. The chain employs 10,700 people nationwide.
The company had hoped to attract a bidder that would continue to operate the business. Instead it will ask a bankruptcy judge Thursday to approve its previously announced plan to sell its assets to a liquidation firm after laboring under crushing debt and sluggishness to adapt to a rapidly changing industry.
"Following the best efforts of all parties, we are saddened by this development," said Borders Group president Mike Edwards in a statement.
The liquidation could begin as early as Friday and continue through the end of September, the company said. Borders has stores in Bohemia, Farmingdale, Riverhead, Stony Brook and Syosset. It also has a Borders' Express in the Green Acres Mall in Valley Stream. The liquidation would also include Waldenbooks and Borders' airport stores, the company said.
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Posted 7/20/11 8:08 AM  |
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Long Island Weddings
Long Island's Largest Bridal Resource |
LIFWriter
Be Your Own Inspiration!
Member since 4/11 100699 total posts
Name:
Rachel
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Re: Borders to close all stores nationwide
Unfortunately the world of digital EVERYTHING is Borders downfall.
I am a book addict! When i just recently moved I had to donate probably 400 book of all sizes and genres because I just couldn't fathom taking them with me. I invested in a Kindle and never looked back. Carrying around a 2000 page Let the Right One In just isn't practical.
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| Posted 7/20/11 8:20 AM |
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lovemyfamily88
LIF Adolescent
Member since 5/10 641 total posts
Name:
????
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Re: Borders to close all stores nationwide
This is really sad. I will never give up.my books. I hate to think that one day I won't be able to go and buy an actual book. It's just not right.
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| Posted 7/20/11 8:33 AM |
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NervousNell
Just another chapter in life..
Member since 11/09 54921 total posts
Name:
..being a mommy and being a wife!
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Re: Borders to close all stores nationwide
I never thought I'd be a fan of the Kindle or e-readers like it, but I have to say, I got used to it fast and now I love it.
I just don't have the space in my house to storee 400 books that I will never read again.
Space is at a premium so the kindle is perfect for me.
Just like CDs have become a thing of the past, DVDs will too, and finally books.
Even magazines are going online and electronic.
Sign of the times I guess
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| Posted 7/20/11 8:35 AM |
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PearlJamChick
No one sings like you anymore.
Member since 7/10 9264 total posts
Name:
Petticoated Swashbuckler
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Re: Borders to close all stores nationwide
There are few things in life that make me so happy as a trip to the bookstore.
There are a few smaller, indie ones I frequent, but Borders has always been a place where I could just get lost for awhile.
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| Posted 7/20/11 8:48 AM |
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jgl
Love my little boys!!!
Member since 8/07 7060 total posts
Name:
g
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Re: Borders to close all stores nationwide
I just hope that in the future we will still be able to pick up childrens book... There is just something so nice about a kid picking up a book, looking at it, opening the pages, touching it, or just sitting next to them a reading it as you hold the book together .
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| Posted 7/20/11 8:55 AM |
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brownie
Baby #1 is here!
Member since 11/08 13903 total posts
Name:
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Re: Borders to close all stores nationwide
I feel badly, but honestly I go to B & N or Amazon for all my books 
I guess its a sign of the times
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| Posted 7/20/11 9:13 AM |
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Jax430
Hi!
Member since 5/05 18919 total posts
Name:
Jackie
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Re: Borders to close all stores nationwide
Posted by NervousNell
I never thought I'd be a fan of the Kindle or e-readers like it, but I have to say, I got used to it fast and now I love it.
I just don't have the space in my house to storee 400 books that I will never read again.
Space is at a premium so the kindle is perfect for me.
Agreed. I love my Nook color. I never thought I would move to an e-reader.
I adore book stores. I can browse for hours and leave with a stack of books, but the truth of the matter is that I don't have the space for all these novels that I'm going to likely read once.
I hope that brick & mortar book stores always exist though. It would be sad not to have that option, especially for children.
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| Posted 7/20/11 9:21 AM |
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Jax430
Hi!
Member since 5/05 18919 total posts
Name:
Jackie
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Re: Borders to close all stores nationwide
Oops..double post
Message edited 7/20/2011 9:21:58 AM.
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| Posted 7/20/11 9:21 AM |
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Mrs213
????????
Member since 2/09 18986 total posts
Name:
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Re: Borders to close all stores nationwide
People's eyesight is gonna go down the tubes, excedrine migraine stock is gonna soar...
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| Posted 7/20/11 9:23 AM |
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jilliibabii
Mrs. O'Connor
Member since 6/10 12821 total posts
Name:
Jillian
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Re: Borders to close all stores nationwide
Posted by PearlJamChick
There are few things in life that make me so happy as a trip to the bookstore.
There are a few smaller, indie ones I frequent, but Borders has always been a place where I could just get lost for awhile.
Ditto!
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| Posted 7/20/11 9:25 AM |
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lovemyfamily88
LIF Adolescent
Member since 5/10 641 total posts
Name:
????
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Re: Borders to close all stores nationwide
Posted by Mrs213
People's eyesight is gonna go down the tubes, excedrine migraine stock is gonna soar...
I was thinking this too!
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| Posted 7/20/11 9:30 AM |
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peanutbutter2
Carpe diem!
Member since 11/10 5287 total posts
Name:
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Re: Borders to close all stores nationwide
Wow...this makes me extremely sad.
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| Posted 7/20/11 10:41 AM |
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Naner325
waiting on nugget!
Member since 6/10 4432 total posts
Name:
N
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Re: Borders to close all stores nationwide
This really upsets me. I was just in the Borders in Bohemia not too long ago and thought how much I loved it in there, so peaceful to walk around and browse. When my papa was still alive, I took him to that Borders a few times to sit and read and when I go in there still, I always feel connected to him.
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| Posted 7/20/11 10:57 AM |
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emilylives
biking
Member since 12/09 2163 total posts
Name:
Emily
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Re: Borders to close all stores nationwide
I never loved Borders, but I am really sad because it's the only bookstore within 30 minutes of me.
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| Posted 7/20/11 11:21 AM |
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MrsA1012
love my little girl !
Member since 9/10 5777 total posts
Name:
Me
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Re: Borders to close all stores nationwide
I'm sad :( I always loved Borders.
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| Posted 7/20/11 11:26 AM |
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Erica
LIF Adult
Member since 5/05 11767 total posts
Name:
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Re: Borders to close all stores nationwide
Posted by Naner325
This really upsets me. I was just in the Borders in Bohemia not too long ago and thought how much I loved it in there, so peaceful to walk around and browse. When my papa was still alive, I took him to that Borders a few times to sit and read and when I go in there still, I always feel connected to him.
there's always the public library!
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| Posted 7/20/11 11:30 AM |
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NervousNell
Just another chapter in life..
Member since 11/09 54921 total posts
Name:
..being a mommy and being a wife!
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Re: Borders to close all stores nationwide
Posted by jgl
I just hope that in the future we will still be able to pick up childrens book... There is just something so nice about a kid picking up a book, looking at it, opening the pages, touching it, or just sitting next to them a reading it as you hold the book together .
Never thought about that.
Yes, we totally need old fashioned children's books.
A Kindle or Nook just wouldn't work for that!
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| Posted 7/20/11 12:30 PM |
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LoveyQ
Stalkers, get a life.
Member since 11/07 12820 total posts
Name:
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Re: Borders to close all stores nationwide
Posted by NervousNell
Posted by jgl
I just hope that in the future we will still be able to pick up childrens book... There is just something so nice about a kid picking up a book, looking at it, opening the pages, touching it, or just sitting next to them a reading it as you hold the book together .
Never thought about that.
Yes, we totally need old fashioned children's books.
A Kindle or Nook just wouldn't work for that!
Children's books on the Nook and iPad are ANIMATED now. I see a day in the future when kids will be like, why would we want a regular book when we can read on the Nook/iPad/whatever.new.device.there.is and it will be animated???
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| Posted 7/20/11 1:08 PM |
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KittyGags
LIF Adult
Member since 7/09 5614 total posts
Name:
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Re: Borders to close all stores nationwide
I can't remember the last time I've bought a book AT a bookstore. Amazon always has better prices when I am looking for actual books...and I e read a ton. The only books I really buy are cookbooks and I usually get those at Target or Amazon...
Sign of the times, Tower Records was much more upsetting for me.
Which meanwhile, when I want a CD now, its like a scavenger hunt trying to find a freakin store that sells them! Last time I went to FYE I was the only one there...
On another note...I wonder who is going to take their huge space by MSG?
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| Posted 7/20/11 1:10 PM |
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Peainapod
Peanuts are here!
Member since 1/09 13591 total posts
Name:
Diana
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Re: Borders to close all stores nationwide
The borders near me in PA is already closed. Such a huge space that is sitting empty.
I used to work for Penguin and they owed penguin a boat load of $$..it sucks for everyone involved..employees, vendors, book lovers,
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| Posted 7/20/11 1:16 PM |
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AngnShaun
Sisters
Member since 1/10 21015 total posts
Name:
Ang
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Re: Borders to close all stores nationwide
Posted by KittyGags
I wonder who is going to take their huge space by MSG?
thats actually what i thought when i first read this
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| Posted 7/20/11 1:20 PM |
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