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Thread: Borders Nearing Bankruptcy

  1. #1

    Default Borders Nearing Bankruptcy

    http://blogs.wsj.com/deals/2011/02/1...cy-whats-next/

    Borders Group is preparing to file for bankruptcy protection as early as Monday or Tuesday.

    What will happen to all the other bookstores? I think eBooks kill them all.
    always the Light, .... always.

  2. #2

    Default Re: Borders Nearing Bankruptcy

    that's sad.........

    used to go there, nice place to spend quiet time there.....
    Eat breath LIVERPOOL!!!

  3. #3
    Moderator diver-hloc's Avatar
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    Default Re: Borders Nearing Bankruptcy

    Still got that Japanese bookstore at Nee AngÖ

    Scuba & Father... For Life

  4. #4

    Default Re: Borders Nearing Bankruptcy

    Maybe they should have followed Popular and sold 10 year series + Assessment books..

  5. #5

    Default

    Service there had always been a problem, the staff ignores when you call for them and the info counter is always unmanned. Kinokuniya's service is so much better, friendly and efficient. Maybe that has something to do with the survival of the book stores

  6. #6

    Default Re: Borders Nearing Bankruptcy

    Quote Originally Posted by spree86 View Post
    Service there had always been a problem, the staff ignores when you call for them and the info counter is always unmanned. Kinokuniya's service is so much better, friendly and efficient. Maybe that has something to do with the survival of the book stores
    precisely. plus Kinokuniya caters not only to only the english-speaking crowd, but also cater for those who want to read publications in various languages.

    plus border's prices are like higher than normal.

    and when you factor in demographics and what region you're in and who your customers are, it does make sense where people would rather purchase their books and magazines.

  7. #7
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    Default Re: Borders Nearing Bankruptcy

    Oh no... looks like i had better use up my Border's gift voucher before the stores close down and it becomes useless...

  8. #8
    Member lamergod's Avatar
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    Default Re: Borders Nearing Bankruptcy

    It's a wake up call to stop browsing and start buying! Get ur ass of the comfy couch and start queuing!

  9. #9
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    Default Re: Borders Nearing Bankruptcy

    Quote Originally Posted by lamergod View Post
    It's a wake up call to stop browsing and start buying! Get ur ass of the comfy couch and start queuing!


    Many people think it's a Library!

  10. #10

    Default Re: Borders Nearing Bankruptcy

    Quote Originally Posted by spree86 View Post
    Service there had always been a problem, the staff ignores when you call for them and the info counter is always unmanned. Kinokuniya's service is so much better, friendly and efficient. Maybe that has something to do with the survival of the book stores
    EXACTLY !
    they dropped customers service, customers dropped them.

  11. #11
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    Default Re: Borders Nearing Bankruptcy

    it will be interesting if there is a poll to see the average spending on books/ magazines. people that buy out of interest and not because school say must buy.
    i last bought books on photography to read way back 4 years, now i just borrow from library.

  12. #12

    Default Re: Borders Nearing Bankruptcy

    Still remember the movie "You've Got Mail", starring Meg Ryan and Tom Hanks? Where small bookshops close because of mega ones. Maybe time for them to make another movie "You've Got Mail 2" on how the mightly have fallen.

    I have seen MPH lost its charm after closing from Stamford Place, besides the old National Library. I used to love the old Times Bookshop at Centrepoint and I was a member for many years. I have never quite understand the long ques at Kinokuniya Taka at closing time and found many gems near the lift at the Liang Court one. I bought lots of US magazines from Borders but I think modeling it after the library with lots of seats at the beginning can't work in Asia. After all that, I rediscovered our NLB - I can get new books and tonnes of magazines. Its free some more if you borrow within the limits.

    Having said all these, I still enjoy the occasion visit to a bookstore. I recently found an indie bookshop at Tanglin. Nice, and not crowded with enough titles not to confuse you. Yeah, I don't buy enough at bookstores nowadays. I borrow more.

  13. #13

    Default Re: Borders Nearing Bankruptcy

    Border books are overpriced. Nowadays I bought in bulk from Amazon. With all those shipping fee, its still cheaper. And recently I just bought e-books. Cheap and fast.
    But its sad that places like these are closing. Its where people who love book meets.

  14. #14

    Default

    1) use up all the borders vouchers u have
    2) don't buy any borders vouchers


  15. #15

    Default Re: Borders Nearing Bankruptcy

    Quote Originally Posted by hanzohattori View Post
    But its sad that places like these are closing. Its where people who love book meets.
    that's the library dude.

    bookstores are just cliched settings for romance novels and rom-coms.

  16. #16
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    Default Re: Borders Nearing Bankruptcy

    REDgroup retail acquired SG, Aus and NZ's Borders operations:

    http://www.redgroupretail.com/borders

    The local shops won't close down. Might change name if REDgroup sees fit.
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  17. #17

    Default Re: Borders Nearing Bankruptcy

    Quote Originally Posted by kei1309 View Post
    that's the library dude.

    bookstores are just cliched settings for romance novels and rom-coms.
    Its different la.. they are not book lovers.. but students
    And you can't talk freely in there. A very different atmosphere overall.. have you been to Orchard Borders ?
    Its very lively there compared to NLB which I just visited this afternoon

  18. #18

    Default Re: Borders Nearing Bankruptcy

    Quote Originally Posted by hanzohattori View Post
    Its different la.. they are not book lovers.. but students
    And you can't talk freely in there. A very different atmosphere overall.. have you been to Orchard Borders ?
    Its very lively there compared to NLB which I just visited this afternoon
    LOL. yes i've been there. the problem with the place is that the staff do not enforce the policy of sitting there to read.

    being a bookstore, it's noisy... but with patrons treating it like a read-and-go place...

  19. #19

    Default Re: Borders Nearing Bankruptcy

    Quote Originally Posted by Headshotzx View Post
    REDgroup retail acquired SG, Aus and NZ's Borders operations:

    http://www.redgroupretail.com/borders

    The local shops won't close down. Might change name if REDgroup sees fit.
    I think the BORDERS name should remain.

    But the seats must GO and the customer service must be OVERHAUL and IMPROVED.


  20. #20

    Default Re: Borders Nearing Bankruptcy

    Quote Originally Posted by Rocky78 View Post
    I think the BORDERS name should remain.

    But the seats must GO and the customer service must be OVERHAUL and IMPROVED.

    Should limit browsing as well, most of the books and magazines are not in sellable condition after being browsed by selfish readers. Should also train their staffs to love books, saw them throwing magazines on the floor when arranging the magazines, wonder who is going to buy them after that.

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