Stumbling book store chain Borders has said that it would delay payments to landlords and vendors for the 2nd month in a row. In a terse press release, the company said the move was meant to “help the company maintain liquidity while it seeks to complete a refinancing or restructuring of its existing credit facilities and other obligations.” In other words, they’re trying cling to cash and stave off bankruptcy. Borders also announced receiving a $550 million loan from GE Capital. Better keep pushing those loyalty cards to customers that could become worthless pieces of plastic if the company goes belly up, Borders clerks, you’re our only hope! Customers, if you got a Borders gift card for Christmas, now might be a good time to cash it in.
Though they swear everything is hunky-dory, Borders is delaying payments to big publishers and setting up some coffee klatches to talk it over. Is Borders reaching its final chapter?
American Psycho, the dark murder-satire flick starring Christian Bale where he assumes the identity of a rival Wall Street banker and commits a series of decadent killings, is coming to Broadway!
Equipped with a coupon and store credit, Scott thought he was in a great position when he placed an order on Borders.com. But a snafu left Scott empty handed, with his order canceled, his balance drained and his coupon vanished.
Re-watching the Back to the Future movies recently, I remembered how deeply the tween me once longed for a hover board like the one Michael J. Fox races around the Hill Valley of 2015. While it’s unlikely that we’ll see a real hover board on the market in the next five years, the 30-something me still wants one.
If you own a Nook, you better make sure you regularly update its software, otherwise you might lose all your files that are not B&N books. That’s what happened to Michael, and customer service told him that it can happen if the device hasn’t been updated recently. The updates are too much for it to handle so it has to spontaneously jettison all foreign objects! Or something like that.
Michael can make around $1,000 a week trawling through used book and thrift stores and library sales with his trusty Dell PDA. He scans the barcode, looks up the price on Amazon, and if he sees that he can sell it online for more than he can buy it in the store, he purchases it. It’s an intense, lonely grind, and it makes him feel a little bit sleazy.
Beth ordered two copies of a gift set from Barnes & Noble, only to see the order canceled and the price hiked from $11.14 to $22.50 on a different listing of the same item.
Say you’re shopping at Walmart and decide you want to pick up Barack Obama’s book The Audacity of Hope or maybe you’re an Indianapolis Colts fan and want to hear what Super Bowl winning coach Tony Dungy has to say in his book The Mentor Leader. But you can’t find either book in the Biography section… Oh, maybe you should look in those unmarked shelves that make up the “black” section of Walmart’s book selection.
E-readers have a definite advantage over traditional dead-tree books when you’re going on vacation: you can bring a wealth of reading material in one small device. One difference, though: your analog bookshelf can’t lock you out. Your Amazon account can. That’s what Natalia writes happened to her. No one at Amazon has been able to fix the problem for more than a month now.
If you’re in the market for high school or college study guides and you have access to an iDevice from Apple, Kaplan is giving away 90 different titles between now and August 30th through the Apple iBookstore. Sadly, you can’t access the iBookstore on iTunes, so you’ll have to get to it through an iPhone, iPad or iPod Touch.
Who says story time has to stop when you exit kindergarten? Audio books provide all the stimulation of reading without that annoying reading part. And the internet is full of avenues to get them for free without having to resort to piracy.
Quadmama wanted to exchange a pair of books she received as gifts, but the manager stonewalled her because she was 60 days outside of the return window. When Quadmama reiterated that she wanted to exchange the books for replacements, not return them for money, the manager told her that for the bookstore’s policy purposes, a return is the same as an exchange.
Barnes & Noble shares are soaring after it announced that it was up for sale and may even go private, or merge with Borders.
The second half of summer is “complain about textbook prices” season, and last week the New York Times put together a special section on the topic and asked experts to weigh in. Too many of the contributors just provide an overview of the situation but no solutions; a publishing industry representative actually defends textbook prices as trivial compared to other educational costs. Fortunately Anya Kamenetz, who writes for Fast Company, suggests Flat World Knowledge. And to be fair, the guy who defended textbooks prices suggests CourseSmart for ebook rentals. The Times also asked students, professors and parents to weigh in with advice.
Jeff Yeager, Wise Bread blogger and author, has just published a new book titled The Cheapskate Next Door, where he interviews over 300 self-described cheapskates to find out what makes them tick. In an interview over at Daily Finance, he says that for most of his subjects, the choice to live frugal lifestyles wasn’t primarily about money.