End Of An Era of the Day: After 40 years in business, Borders announced today that it will be closing all remaining stores and laying off 11,000 employees.
“We were all working hard towards a different outcome,” Borders Group President Mike Edwards said in a statement, “but the headwinds we have been facing for quite some time, including the rapidly changing book industry, e-reader revolution, and turbulent economy, have brought us to where we are now.”
Borders had hoped to be saved from shuttering by a last minute bid, but the deal fell apart with no one else stepping up to buy the troubled book and music retailer.
[annarbor / wsj / photo: michelelee.]
So… e-readers are responsible for the job loss of 11,000 people? This goes on my side of the ongoing argument, Tony.
E-Reader technology isn’t the only reason Borders is going out of business, and even if it was, it wouldn’t make e-readers any better or worse. It’s unfortunate for Borders’ employees that Borders was unable to compete in a changing marketplace.
Also, even if e-readers were the only reason Borders is going out of business, it still wouldn’t support your point any better than it supports mine.
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pig-sizedelephants reblogged this from c-c-c-controversial and added:
There’s no fucking bookstore in Elk Grove now.
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dontletit-saygoodbye reblogged this from lifeandotherrandomness
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lifeandotherrandomness reblogged this from beginyourstory and added:
This kind of reminds me of “You’ve Got Mail”. Seeing Meg Ryan close the Shop Around the Corner was heartbreaking.
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kimmykazoo reblogged this from hogwartsforeverr and added:
Soooooosad :( I absolutely love Borders.
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karmic-destiny reblogged this from kellehhasmoved and added:
I’m not much of a book reader. It takes me forever to finish one but this is kind of sad.
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cucumbersdontfly reblogged this from octoeye and added:
Borders went out of business. weird. octoeye:
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galecoleman liked this
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deirdreannb reblogged this from thedailywhat and added:
This makes me so sad.
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motorcitykitty reblogged this from yeahgrrrl and added:
but independent book stores are thriving. books ain’t goin nowhere, my friends.
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itsbeyondliving reblogged this from youcouldbethatclever
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im-justalittleunwell reblogged this from youcouldbethatclever
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carryonmysamulet reblogged this from crossroad-blues and added:
no dammit what no no fucking no
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remusslupin reblogged this from youcouldbethatclever and added:
#is it weird that I’m actually crying right now?
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crossroad-blues reblogged this from youcouldbethatclever
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stevedallasbynight reblogged this from thedailywhat and added:
I shopped there,...see a bookstore go under.
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charliespleen reblogged this from youcouldbethatclever and added:
Wait a minute are you fucking kidding me. Borders is like my favorite fucking store ever. I hate ebooks and kindles and...
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failyourfinals reblogged this from thedailywhat and added:
$50 gift card for borders wtf man
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