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Borders shrinking quickly…

Times keep getting tougher in the book biz. The Borders bookstore chain is shrinking. According to an article in the Wall Street Journal, Borders now plans to close 200 of their Waldenbooks stores. “ laying off approximately 1,500 employees, many of whom work part-time.

The move, which the chain signaled earlier this year, will leave Borders with about 130 mall-based locations. Borders employs about 25,000, including part-timers.

At a time when the Internet allows consumers access to a vast number of titles, mall bookstores have long been losing favor because of their limited assortments.”

When you obtain books do you buy them primarily in stores, on-line, or do you borrow them from your local library?

To read the rest of the article click HERE:

Vick Mickunas

Permalink | Comments (6) | Post your comment | Categories: booms and busts

Comments

By downsized

November 9, 2009 4:32 PM | Link to this

Buy books? I get all the information about the world from watching Fox News, Glenn Beck, Sean Hannity and listening to Rush Limbaugh & Michael Savage. Since I’m unemployed books are a luxury and wholly unaffordable to me. Our local library has relocated to a mall (our state and local government is broke), and I can’t afford the gas or inconvenience of a mall experience. I’m just hoping for a series of massive tax cuts and the failure of healthcare reform so businesses will start hiring and jump start our economy. Besides, I’d wager all those Border’s employees were illegal immigrants or spies posing as foreign students on illegal visas.

By Alice

November 9, 2009 11:55 AM | Link to this

Usually I get from the library and then if I really like it I’ll buy it. I don’t understand how people could spend so much money on books they will only read once and don’t even know if they like. I also like Half-Price Books in Beavercreek (my first trip was a few weeks ago and I fell in love), and also Borders at the Jeffersonville Prime Outlet Mall has great prices… it’s really good for kids books and gifts. It’s too bad about Waldenbooks - I go there when I’m at the Upper Valley and I’m all for MORE bookstores not less.

By Lil'BoPeep

November 7, 2009 5:09 PM | Link to this

I don’t get out much. So, I usually check Amazon’s used book section and have had good luck. Is that “Bonnet’s Books” (think that’s the name of it) in the Oregon District still around, I wonder. There was always beautiful Classical music playing on the radio. Fascinating, book-dusty place with just about anything you could imagine plus looney tune toys hanging from the ceiling. (Of course, that was a long time ago, though…)

By lmj

November 6, 2009 10:58 PM | Link to this

The library and Goodwill or other thrift stores have been my staples. Both bookstores are supposedly closing at Springfield’s Upper Valley Mall. Maybe Springfielders will have to come to Urbana’s Olde Book Nook. The most recent books I’ve purchased have come from there.

By irishguy

November 6, 2009 2:00 PM | Link to this

Sad news indeed. I occasionally pick up a “bargain book” at Borders. But my favorite is Half Price Books. Times are tough all over, I’ve been laid off, recalled and laid off again. Now with e-books on the market it seems as if book stores will be shrinking even further.

By Jeremy

November 6, 2009 1:56 PM | Link to this

I used to go to Half Price until they moved to Beavercreek. I’ve been to Border’s but they’re viciously overpriced, especially for movies and music. These days I generally order from Amazon.

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