Whatever benefits an e-book might have over its print counterpart, and no matter how close digital media gets to ink-on-paper, there is one thing that downloaded copy of Moby Dick can’t offer to some readers: The collectable factor. [More]
bookstores
Borders CEO's Goodbye Email To His Customers
Mike Edwards, the CEO of the liquidating Borders bookstores emailed a farewell note to all Borders Rewards Members last night. In it, he looked back at the over 40 years of bookselling and imagination-stoking the chain has done and explained why they were closing down. Beyond the sentiments, he also explained some important things you’ll want to know if you want to buy some books from them before they close their doors for good. [More]
Indie Bookstores Starting To Charge Admission To Author Events
Literature lovers who are used to hitting up book readings and signings as free entertainment may be in for a wallet shock. Some independent bookstores, which are trying to scrounge up revenue in the tough economy, have taken to charging for the events. [More]
Pop-Up Bookstore To Temporarily Take Over Empty Borders Store
Like a hermit crab taking up residence in the shell of a deceased snail, a former Borders store in Pittsburgh will soon see its shelves lined with books — if only temporarily — when it briefly becomes the home of an independent bookseller. [More]
Scenes From A Borders Liquidation Sale
Savvy shoppers know that there aren’t any true deals to be found at the liquidation sales of closing retailers, but most people aren’t savvy shoppers. Employees of doomed Borders stores are sharing their experiences online, and report that their stores are doing record business now that the liquidators have arrived and the garish “store closing” signs are up. Thanks to consumer confusion, business is good at the stores that aren’t closing, either. Who knew bankruptcy was so good for business? [More]
Borders Turns The Page To Chapter 11
We knew this was going to happen, and now it has come to pass: Borders has filed for Chapter 11 bankruptcy protection and plans to shutter 30% of its stores as a result. [More]
Borders's Bold New Business Strategy: Crazy Pricing
Troubled and experiencing a turnover in its leadership, perhaps Borders is trying a new strategy: completely illogical pricing. Hey, it works for Target. (Thanks to Asa in New York for the photo!) [More]
Waldenbooks Employees Protest Orders To Destroy Unsold Books
If you’ve ever worked in a bookstore, you’re probably intimate with the practice of pulping mass market paperbacks. Publishers reimburse booksellers for inventory they don’t sell, but paperbacks are so cheap to produce that it would cost more to return them than to throw them away. Instead, stores tear off the covers, mail those back as proof of unsold inventory, and throw the books in the trash. [More]
Barnes & Noble Is Unfailingly Polite While Breaking Promises To Customers
Did you think that perhaps Barnes & Noble’s epic problems getting the Nook e-reader in the hands of customers by Christmas would be over after Christmas? Not quite. Jesse Vincent blogged about his experience of broken promises, mysteriously canceled orders, and how Barnes & Noble still hasn’t even sent the famous $100 gift card that Nook customers were promised. [More]
Sony's Ebook Store Prices Too High? Try Shortcovers
Michael bought a Sony Pocket Reader last month, but with the exception of $10 bestsellers, he’s finding that other books he wants are priced higher than he’s willing to pay. For example, Tad Friend’s memoir Cheerful Money is $10 on Amazon and at Barnes & Noble, but $17.49 from Sony. Michael wants to know if we have any advice on how to get Sony to lower their prices.
Borders To Offer Free Wifi
Later this month, Borders and Verizon will roll out free Wifi access in “virtually all” Borders stores, with no password or access fee required. Borders’ CEO Ron Marshall says their goal is to extend “the open atmosphere of exploration that is at the core of every great bookstore experience,” and then he said something about building a community, yakkity yak. You know how press releases are. Whatever, Marshall, we’re just happy you’re offering free Wifi access!
Is Borders About To Go Under?
Yesterday’s post about Borders closing down its unprofitable CD and DVD sections prompted a tip from the owner of a small music label. He says his distributor has already cut off shipments to Borders once for nonpayment (in November 2008), and on Monday the distributor warned labels that they’ll have to agree not to hold him “liable on any future shipments to Borders in case they file for bankruptcy.” Borders’ CFO left in January, which is rarely a good sign for a troubled company. And this morning, the Detroit Free Press notes that the bookseller is facing being delisted from the New York Stock Exchange. We may not have to wait long to find out; CEO Ron Marshall is hosting a conference call with analysts and investors next week.
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Borders gave a reader a coupon for $5 off any purchase of $5 or more. As our reader notes, “is this the right tactic for a struggling company to take?”