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Topic: Borders Books and Music Closing
Lpdon's photo
Wed 07/20/11 03:09 PM
Borders bookstore customers expressed shock and disappointment Tuesday that the 40-year-old book giant was closing its doors nationwide, and some blamed electronics.

“It's sadness,” said David Beck of Gardnerville. “I spend a lot of money at Amazon.com, but it's sad to see that they forced (Borders) out of business. I still come by all the time because it's a good place to browse. Now there are no bookstores left in this area.”

Signs posted at the front entrance of the Topsy Lane store confirmed the disappointment of employees, as well as customers.

“Yes, we are sad to say it's true. It was announced to us as well as the media on Monday afternoon. Borders' entire chain is closing, due to publishers on the the creditors' committee not reaching an agreement with the potential buyer — 11,000 of us across the country will lose our jobs,” it said in part.

“We are, of course, as hearbroken as many of you are. We believed and hoped things would be resolved in the bankruptcy court before it came to this. We have loved working here,” the notice said.

Another customer, who was on her second trip to her car with bags full of books, said the closure is a big loss to the community.

“I'm so sad. It's the only bookstore we've got. Now we'll have to go to Reno,” said Ellen West of Minden.

“I'm a retired counselor from Bordewich-Bray Elementary, so I love books. I ran into some teachers inside stocking up. They always gave teachers a teacher discount. This is especially sad because this is the capital city of the Nevada,” West said.

Albert Torres of Fernley had stopped by the store Tuesday with his family on their way back from Lake Tahoe.

“We usually go to the one in Reno, but anytime a store shuts down, it's sad. Technology is great, but I'd rather shop for a book and hold a book in my hands any day,” Torres said.

Rosie Lobatto of Lake Tahoe said she felt a little bit guilty.

“I hate to see anything like this happen. You want to be able to buy nice books for your grandchildren, and now I feel bad that I even have a Kindle,” she said. “You hate to see another business closing.”

Paul Hanson said he buys wherever he can get something the cheapest.

“It's sad about the job loss. I buy books here because they're cheaper. I guess I'm not a very loyal customer,” Hanson said.

Inside at the information counter, store manager Jill Furedy was visibly upset.

“Obviously, we're all a bit heartbroken,” Furedy said. “We had a really rough day yesterday because we all thought they were going to get a new owner. Right now, we're just trying to keep up with customer questions.”

Furedy said the liquidators might be at the store Thursday and Friday to start marking everything down. She said she has talked to people from other Borders' closures about those sales.

“It sounds like it's going to be a madhouse. It's supposed to be like Christmas madness times 12,” she said.

She said the liquidators have confirmed that gift cards will be honored.

“I just hope someone can fill the void of our closing, because I know the community needs a store like this,” Furedy said.

FALLOUT

The Ann Arbor, Mich.-based chain, which helped pioneer the big-box bookseller concept, is seeking court approval to liquidate its stores after it failed to receive any bids that would keep it in business. The move adds Borders to the list of retailers that have failed to survive the economic downturn.

Borders is expected to ask a judge to approve a sale to liquidators led by Hilco Merchant Resources and Gordon Brothers Group. Liquidation sales could start as soon as Friday if the U.S. Bankruptcy Court of the Southern District of New York approves the move at a scheduled hearing Thursday. The company is expected to go out of business by the end of September.

Borders' attempt to stay in business unraveled quickly last week, after a $215 million “white knight” bid by private-equity firm Najafi Cos. dissolved under objections from creditors and lenders. They argued the chain would be worth more if it liquidated immediately.

Simba Information senior trade analyst Michael Norris predicts the closing also could cause sales of electronic books to fall. Borders entered the electronic book market with Canada's Kobo Inc. last year. Owners of the Kobo e-reader will still be able use Kobo software to buy and read books. And Kobo officials said users of Borders e-book accounts, which began transitioning to Kobo in June, will be able to access their e-books uninterrupted.

Most agree that perhaps the biggest impact of Borders going out of business will be to the consumer.

Barbara Belgard, who recently moved to Carson City from Los Angeles, called the closure “a crime,” as she shopped inside Borders on Tuesday.

“It's terrible. I thought this was the age of Obama, and that things should have gotten better,” she said. “I watched this happen in L.A. when several Borders branches closed, and it's sad. I was an English teacher for 36 years, so I've been a lifetime Borders customer.”

The Associated Press contributed to this story.

www.nevadaappeal.com

It's sad to see any business closing, but books are a thing of the past. Why read the book when you cat watch the movie and be more entertained.............

I love the last comment too..........“It's terrible. I thought this was the age of Obama, and that things should have gotten better,” she said.laugh More businesses are closinn under Obama then Bush and Clinton combined!

no photo
Wed 07/20/11 03:14 PM

msharmony's photo
Wed 07/20/11 03:15 PM
yes, this is sad and scary

heading down a road of being slaves to technology,, IM not real excited about it personally

no photo
Wed 07/20/11 03:21 PM
Edited by Bushidobillyclub on Wed 07/20/11 03:21 PM

yes, this is sad and scary

heading down a road of being slaves to technology,, IM not real excited about it personally
Books are a form of technology. It took expert techniques to fashion a book in the 16th century.

It however is not the 16th century. This is the natural progression, I applaud the beginning of the end of overpriced information.

Lpdon's photo
Wed 07/20/11 03:21 PM




So much for Change...........

Lpdon's photo
Wed 07/20/11 03:24 PM

yes, this is sad and scary

heading down a road of being slaves to technology,, IM not real excited about it personally


It is what it is. Companies like Amazon and Overstock are putting even the major retailers out of business. Hell, you can get almost ANYTHING on Amazon now and have it the very next day.

Hell, I just ordered a brand new video game system on there and even a pair of handcuffs.

The other nice thing is Amazon is based out of Nevada. Their offices are in Reno and warehouse and shopping locations in Fernley. Also Barnes and Nobles internet warehouse is in Nevada too, as is Walmart and Toy's R' Us.

Governor Gibbons sure did a lot for Nevada.

msharmony's photo
Wed 07/20/11 03:24 PM


yes, this is sad and scary

heading down a road of being slaves to technology,, IM not real excited about it personally
Books are a form of technology. It took expert techniques to fashion a book in the 16th century.

It however is not the 16th century. This is the natural progression, I applaud the beginning of the end of overpriced information.




to each their own

I dont really want to have to be connected to a computer to get my information,,,a computer that can have PAGES AND PAGES AND BOOKS AND BOOKS of information altered, deleted, or lost

unlike a hard copy,,,

Lpdon's photo
Wed 07/20/11 03:26 PM


yes, this is sad and scary

heading down a road of being slaves to technology,, IM not real excited about it personally
Books are a form of technology. It took expert techniques to fashion a book in the 16th century.

It however is not the 16th century. This is the natural progression, I applaud the beginning of the end of overpriced information.


Ummmmm, the do sell more then books. They sell music, mp3 players, dvd's, software etc. Not to mention these new Electronic Books(like Kindle, which are a waste of money) are all technology.

no photo
Wed 07/20/11 03:38 PM
Edited by Bushidobillyclub on Wed 07/20/11 03:41 PM



yes, this is sad and scary

heading down a road of being slaves to technology,, IM not real excited about it personally
Books are a form of technology. It took expert techniques to fashion a book in the 16th century.

It however is not the 16th century. This is the natural progression, I applaud the beginning of the end of overpriced information.


Ummmmm, the do sell more then books. They sell music, mp3 players, dvd's, software etc. Not to mention these new Electronic Books(like Kindle, which are a waste of money) are all technology.
Ok, and if there products/services are something people wanted, and they could run it efficiently it would still be in business.

Major brick and mortar stores are failing becuase people find shopping online easier. I personally do not own a kindle, or any e-reader, not becuase I do not love reading, not becuase I do not want my books cheaper, but becuase I am too busy spending money on ammunition training for USPSA.

In a few more months or if they drop the price again I will pick one up, they are awesome. Lighter, no more cramps in my hands from reading all night, they are faster, no more running around town wasting gas looking for a title, they are smarter, they can help me find books I may like based on what I have already downloaded.

Sorry, the arguments for big book stores are thin. Lets donate to our local libraries instead. That is what I am doing. I donated a few hundred fiction novels, and gave a few dozen to a friends kid. I spent thousands of dollars on all those books, I did a little looking and NOT a single one could not be had on amazon for the kindle at a fraction of the cost.

At least my money will help someone else who cant afford a kindle, or those books when they go to the library and check out a book I paid for.

Lpdon's photo
Wed 07/20/11 04:32 PM

Thats sad. I love bookstores. I admit, however, that I prefer the little antiquey style bookstores with some actual person that owns it. I like being around old books. Hard to find em nowadays.


You can get old books on the internet..............

no photo
Wed 07/20/11 04:43 PM


Thats sad. I love bookstores. I admit, however, that I prefer the little antiquey style bookstores with some actual person that owns it. I like being around old books. Hard to find em nowadays.


You can get old books on the internet..............


I really dislike buying books online. One of my favorite things to do is browse through a used bookstore. So yes, it's definitely sad when book stores close.

Then again, I also refuse to get an ebook reader, because I prefer real books.

mightymoe's photo
Wed 07/20/11 05:51 PM



Thats sad. I love bookstores. I admit, however, that I prefer the little antiquey style bookstores with some actual person that owns it. I like being around old books. Hard to find em nowadays.


You can get old books on the internet..............


I really dislike buying books online. One of my favorite things to do is browse through a used bookstore. So yes, it's definitely sad when book stores close.

Then again, I also refuse to get an ebook reader, because I prefer real books.



half priced books, do they have them up there where you live?

the name of the store is called "Half-priced books"

no photo
Wed 07/20/11 05:58 PM
Edited by artlo on Wed 07/20/11 06:08 PM
Isn't this just the market deciding? The magic of the marketplace is supposed to bring us to a Utopian paradise

Lpdon's photo
Wed 07/20/11 06:18 PM




Thats sad. I love bookstores. I admit, however, that I prefer the little antiquey style bookstores with some actual person that owns it. I like being around old books. Hard to find em nowadays.


You can get old books on the internet..............


I really dislike buying books online. One of my favorite things to do is browse through a used bookstore. So yes, it's definitely sad when book stores close.

Then again, I also refuse to get an ebook reader, because I prefer real books.



half priced books, do they have them up there where you live?

the name of the store is called "Half-priced books"


I've never been big on buying anything used. Hell, I don't even buy the previously played video games or movies.

no photo
Wed 07/20/11 07:29 PM
Edited by singmesweet on Wed 07/20/11 07:32 PM




Thats sad. I love bookstores. I admit, however, that I prefer the little antiquey style bookstores with some actual person that owns it. I like being around old books. Hard to find em nowadays.


You can get old books on the internet..............


I really dislike buying books online. One of my favorite things to do is browse through a used bookstore. So yes, it's definitely sad when book stores close.

Then again, I also refuse to get an ebook reader, because I prefer real books.



half priced books, do they have them up there where you live?

the name of the store is called "Half-priced books"


I have never heard of them, but I'll look and see if there are any nearby! Thanks.

Edited to add: There are none in Maryland at all, or any nearby states!

no photo
Wed 07/20/11 07:31 PM





Thats sad. I love bookstores. I admit, however, that I prefer the little antiquey style bookstores with some actual person that owns it. I like being around old books. Hard to find em nowadays.


You can get old books on the internet..............


I really dislike buying books online. One of my favorite things to do is browse through a used bookstore. So yes, it's definitely sad when book stores close.

Then again, I also refuse to get an ebook reader, because I prefer real books.



half priced books, do they have them up there where you live?

the name of the store is called "Half-priced books"


I've never been big on buying anything used. Hell, I don't even buy the previously played video games or movies.


I'm all about finding books I want that are very cheap :). I'm more likely to check out a new author if I go with used books as well.

Lpdon's photo
Wed 07/20/11 07:32 PM






Thats sad. I love bookstores. I admit, however, that I prefer the little antiquey style bookstores with some actual person that owns it. I like being around old books. Hard to find em nowadays.


You can get old books on the internet..............


I really dislike buying books online. One of my favorite things to do is browse through a used bookstore. So yes, it's definitely sad when book stores close.

Then again, I also refuse to get an ebook reader, because I prefer real books.



half priced books, do they have them up there where you live?

the name of the store is called "Half-priced books"


I've never been big on buying anything used. Hell, I don't even buy the previously played video games or movies.


I'm all about finding books I want that are very cheap :). I'm more likely to check out a new author if I go with used books as well.


Why read the book when you can just see the movie? Hell, the only thing I find worth reading is Playboy and Penthouse since they have VERY interesting ummmmm articles.

no photo
Wed 07/20/11 07:48 PM
slaphead

mightymoe's photo
Wed 07/20/11 08:15 PM





Thats sad. I love bookstores. I admit, however, that I prefer the little antiquey style bookstores with some actual person that owns it. I like being around old books. Hard to find em nowadays.


You can get old books on the internet..............


I really dislike buying books online. One of my favorite things to do is browse through a used bookstore. So yes, it's definitely sad when book stores close.

Then again, I also refuse to get an ebook reader, because I prefer real books.



half priced books, do they have them up there where you live?

the name of the store is called "Half-priced books"


I have never heard of them, but I'll look and see if there are any nearby! Thanks.

Edited to add: There are none in Maryland at all, or any nearby states!


maybe they are just a texas store... i have seen them in dallas and houston... but whatever the orginal cost of the book was, they charge at the most half of that price, most of the time cheaper... and you can sell your books there too, that how they get stock...

Lpdon's photo
Wed 07/20/11 08:21 PM
Edited by Lpdon on Wed 07/20/11 08:22 PM

slaphead


What, I only read the articles. :wink:

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