Monday, Nov 23, 2009

Is borders about to go bust?

Bbc: Borders' UK bookstores look for buyer

Reports have said WHSmith walked away from a takeover deal on Friday, and that Borders UK could go into administration soon without a sale

Posted by mark @ 05:53 PM (1174 views)
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4 Comments

1. rumble said...

Drip, drip, drip...

This is like a war of attrition. No crash but dilapidation?

Monday, November 23, 2009 07:32PM Report Comment
 

2. drewster said...

Another business model destroyed by the internet. Virgin Megastores / Zavvi suffered the same problem. Amazon sells a far wider range of books delivered to your door, and Tescos sells the top 20 books, CDs, and DVDs at low prices. The high street shops just can't compete.

Monday, November 23, 2009 10:02PM Report Comment
 

3. refusetobuy said...

According to Private Eye it's been going bust for while.

Tuesday, November 24, 2009 11:03AM Report Comment
 

4. fubar said...

This was linked to from the BBC site, as a development on the story. It seems that Broders are no longer taking orders via their website.
http://www.brandrepublic.com/News/969040/Fears-Borders-grows-retailer-freezes-online-book-orders/

Tuesday, November 24, 2009 11:15AM Report Comment
 

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