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Borders Bankruptcy Liquidation

There is also a Borders in Pennsylvania, near where my relatives live, and my family would sometimes go there. I was relieved when I found out that one was still there after the initial wave of closings. Unfortunately, we didn't go the last couple times we went to Pennsylvania, and now we won't be able to again.
 

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I worked for Borders for 5 1/2 years as an Operations Manager at the Manchester, Ct. store. I left in 2006 for (I thought) a better job. Company sales were starting to drop even back then. Upper management is mostly to blame. All the Borders near my house (Holyoke, Ma), work (Manchester, Ct), and vacation home (Ft Myers, Fl) all closed months ago. I was surprised at how quickly people bought stuff when it was only 10% off. I picked up a few Sci-Fi books when they got down to 40% off but that's all I picked up. I am disappointed that the company is going out of business
 

I went to a Borders here just a couple of weeks ago. I looked around and couldn't find the books I wanted so I asked the clerk at her terminal.

"Hi, I was wondering if you had any George R.R. Martin books in stock, I can't seem to find any?"

Click, click, whirr.

"No, sorry, we don't have him on our list. I could order them in for you?"

"Oh... so... you don't have 'A Dance with Dragons'? It's just come out. It's a pretty big release for a very popular author. There's a TV series based on his books that has been nominated for thirteen Emmy awards."

"No, sorry. We don't even have him on our normal ordering list. I'd have to special order it for you if you wanted me to?"

"..."
 

There's about 3 here in the Dallas area- one in Dallas proper, one in Arlington, and one in Allen.

I went to the one in Dallas today. Bought some books. Looked at the RPG stuff, but didn't find anything I'd buy that I didn't already have. Worse for me was that people weren't being nice about putting stuff back. By that I mean, when I went through the CDs, I found things like Les Paul CDs right next to Green Day. The whole section was in disarray.

That said, I'm keeping my eyes open. As of today, they were still honoring their Borders cards, so I got an additional 10% off...and the guy at the register told me they'd still take any coupons you got.

So while 10% off may not seem like much- or may not compete with online purchases- the additional discounts you can still get may be worth your time.
 

By that I mean, when I went through the CDs, I found things like Les Paul CDs right next to Green Day. The whole section was in disarray.
That has been the case at our local Border's for for a long time now, back to around 2007 at least.

Border's, it is sad to say, has been going downhill for years, since around 2000, right after the tech bubble burst.

They've been reducing shelf-space and inventory, replacing their plentiful comfortable seating for a handful of hardwood chairs, their CD sections have been such a jumble that I stopped looking in them many years ago. Their CD and DVD selections have been awful. They never have had a by-genre newly published shelf for quick identification of the latest material; made inexplicable by all the empty space made available by the removal of entire shelving units. They seemed to stop investing in the the upkeep of their stores and the quality and appearance has also been headed downhill.

They played in-store music to advertise their CDs. I have no objection to this. But their CD section played a separate selection of music. So if you were on the same floor as the CD section, you got to listen to two sets of music at once. This grated immensely on the nerves and tended to drive me out of the store ASAP.

They launched a reasonable customer frequent shopper program. I jumped on that and began spending like mad. Then they suddenly altered it to make it worthless and my spending with them went way down. For a year I stopped shopping with them at all and after that it was sporadic.

These things, spread out over a decade, have helped seal Border's fate far more, in my opinion, than its late entry into the current eBook market.

Mismanagement, and the issuance of terrible policies, at the highest level on a large scale over a long period can destroy any company.
 

Well, I suppose there's only one thing left to do:

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Here's a good article suggesting that this is just the beginning, that many stores will become little more than showrooms for items that we purchase online. The author probably overstates things, but still interesting.

Books, Borders and Beyond: How Digital Tech Is Changing Retail - Derek Thompson - Business - The Atlantic

I sure as hell hope not. I prefer brick and mortar shopping. I certainly to not want to see everything move online, because I don't quite trust online shopping, too much paranoia over identity theft. And the recent rampage from those LulzSec losers does nothing to make me think online shopping is secure. Even with the best security a hacker might still manage to break in and steal information that will screw you, and I do not relish the idea of being essentially forced into online commerce because all the brick and mortar stores have closed down. Paying with cash in a store is still secure.

I was also interested to see that they're selling 30 stores to Books-A-Million. When I was in high school, that chain always carried scads of D&D books and was always quite friendly to my gaming groups, allowing us to play in the store. (I think that changed some time after I graduated; some people couldn't resist shoplifting. :/ )

The local Borders looks like it may be one of those stores, they've apparently performed well as the company was going through its woes. So that's good news.

Now I've got another piece of plastic in my wallet that's useless, along with my old Blockbuster card.
 


Unless you get mugged on your way to the store.

Which is more likely?

USA (2009): Violent Crimes (all except homicides) 429.4 per 100,000; 133.0 Robberies per 100K.

In 2004, 9.3M Americans (out of 295,734,134) were victims of ID theft. (That's 3,145 per 100K.)

And while Violent crimes are declining, credit card fraud, especially online, is a growth industry.

Credit card fraud keeps growing on the Net - The New York Times
 
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Just participated in cannibalizing my local Borders. On one hand it's sad to see such a lovely store with nice people that's been there for so long being torn apart. On the other hand, maybe its time has passed.
 


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