They're starting to close stores, profitable stores, in good locations. Also, there may be another bidder in the offing for the stricken company. Publishers Weekly continues the long, sad tale of the slide toward oblivion. It's hard to see how the company might be saved at this point. It seems more likely it will be broken up for what its resources can bring, and that will be the end of it all.
Catherine Mintz
Catherine Mintz Websites
Origami Unicorn, news, reviews, essays; Catherine Mintz, a commentary on things of interest. Origami Unicorn is copyright 2006-25. Catherine Mintz is copyright 2006-25.
Yet Again Borders
2011.06.10 in Books, Bookselling, Commentary, News, Publishing | Permalink
Tags: Borders, new bidder, store closings
Digg This | Save to del.icio.us