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Borders Second Quarter Loss Widens

First Posted: 09/02/10 03:26 PM ET Updated: 05/25/11 06:30 PM ET

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Borders

Yahoo! Finance:

The company is also closing underperforming stores and introducing a paid loyalty program as it continues to battle tough competition from online retailers like Amazon.com and discount stores such as Walmart.

Read the whole story: Yahoo! Finance

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The company is also closing underperforming stores and introducing a paid loyalty program as it continues to battle tough competition from online retailers like Amazon.com and discount stores such as ...
The company is also closing underperforming stores and introducing a paid loyalty program as it continues to battle tough competition from online retailers like Amazon.com and discount stores such as ...
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werowe
9 Fans
03:59 PM on 09/02/2010
Border's loss is widening and Barnes and Nobles has put itself up for sale. O' misery me! What will we do? I like the peace and quiet of a book store. We need a place to sit and contemplate. You can't even think let alone read at Starbucks because they play the music too loud. Whatever happened to the idea of the cafe as a place where one could sit and pen an essay? You think Ernest Hemingway could have written "A Moveable Feast" at any place but Les Deux Maggots? Not with all the noisy barristas and anorexic females chatting on the cell phone. Bibliophiles used to complain that Borders and Barnes and Nobles were ruining the neighbourhood book store, but the neighbourhood book store has long been closed. If these two retailers go out-of-business we will truly become even more isolated as everyone withdraws into their iPhones and headsets trying to drown out the confusion that surrounds them.
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eric14
1103 Fans
 
09:43 AM on 09/03/2010
Europe is calling you. Hear it whisper. Hear it sing:

http://www.youtube.com/watch?v=86nzp0_Hafo
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TheGuardrail
11 Fans
 
03:08 PM on 09/02/2010
Books stores are to become the next music store dying a slow long death. With books going electronic there is no need for stores the size of warehouses that only act as - well, a library. Often I see customers (such as myself) go in and spend hours on end reading, using the free WiFi and sipping coffee in the cafe.
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