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Old 02-16-2011, 02:15 PM   #1
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Borders files for bankruptcy

Borders Books filed for bankruptcy today and the store in my town is closing. I'll be sad to see them go as it's the only bookstore in town and the only place to buy new-release CDs other than Target.

Just another sign that brick-and-mortar stores for a lot of goods are on the way out, I'm afraid.
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Old 02-16-2011, 02:18 PM   #2
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so it was sad when mom and pop stores closed down in favor of superstores, but now it's sad that superstores are going out of business?


i don't now if this is an FYM topic... but i imagine that major chain bookstores are seeing the same issues that major chain music stores saw.

the last three books i've bought/read were on my android kindle app i see no reason in buying a hard copy book any longer, unless absolutely necessary.

as for CDs? never heard of 'em.
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Old 02-16-2011, 02:29 PM   #3
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Building a bunch of brick and mortar bookstores, letting people sit around in a cafe and read stuff for hours on end before not buying anything....

Wowie zowie, what a business model.

Bookselling is one type of traditional brick and mortar business that is perfectly suited for the internet. You don't need retail outlets for new books because it's not like you need to try them on, like retail clothing.

I can see the rationalization of used bookstores still having their charm, but do I really need to leave the apartment to pick up the latest piece of garbage Dan Brown or Steven King churns out?
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Old 02-16-2011, 02:42 PM   #4
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I agree that the whole world is eventually going digital and that book stores and record stores will eventually be entities of the nostalgic past. I read books on Kindle and buy music from iTunes, so I'm sure I've contributed to their demise as much as anyone.

All the same, this store was right across from my kids' school, so it was a nice place to take the kids and hang out for awhile. We did buy stuff there, too, especially children's books. I reserve the right to feel loss.
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Old 02-16-2011, 02:44 PM   #5
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Also, they had hot coeds working in the coffee shop.
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Old 02-16-2011, 03:32 PM   #6
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now i'm pissed
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Old 02-16-2011, 03:34 PM   #7
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Borders went completely out of business here in the UK about this time last year, and a (smaller average store size, but same idea) competitor (Waterstones) has had the wobbles - not life threatening though. I've also seen a few reports here that some smaller, more specialist independent stores or niche chains who picked their locations well, who were able to survive the superstore onslaught, have been having a bit of an upswing lately.

So you can sort of see where its heading. And it is to a degree much like music and film. There will always be a market for physical copies. People do like having physical copies of albums from bands they love, or a physical, browsable film 'library', and I think with books especially, for many there's a bit of a relationship with the physical thing - a lot of people who love books, love books too.

So in the short term, Amazon kills the need for megastores - that should have been obvious pretty quickly. If you're main selling point is your big range and lower price, then you'll easily get trumped by someone who's selling point is abso-fucking-lutely everything available at an even lesser price.

In the longer-term, e-readers like the Kindle will eventually kill off a huge chunk of the physical market. As all things digital are everywhere.

But there'll always be a place for physical books, and there'll always be a place for small, smart, well placed, well stocked, intelligently staffed and run book stores.

And everyone is different.

I haven’t bought a CD in years. Don’t care.

DVD’s – similar. I don’t care for the physical, but I work in the film industry and get pretty much whatever I want on DVD for free, so I’ve got thousands of the fucking things.

But I can’t see myself trading physical books for a Kindle any time soon. Can’t really explain that, but I like… books. Definitely would if I was extensively traveling or something, but not day to day.
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Old 02-16-2011, 05:23 PM   #8
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That is sad that Borders is going under. Not only are they a great store but a great environment to meet like minded people and talk books.

Sadly book stores seem to be the cost of the Internet revolution. the world is less richer.
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Old 02-16-2011, 05:27 PM   #9
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Quote:
Originally Posted by Headache in a Suitcase View Post
i see no reason in buying a hard copy book any longer, unless absolutely necessary.

as for CDs? never heard of 'em.
Couldn't disagree more. Soft cover books? Sure, they're cheap and unsightly, but a nice collection of hardcover books beats digital copies any day. Even more so when you're talking about books with any sort of illustrations. I regularly buy hardcover photography books to add to the collection.

I agree about CDs though. Havent bought one in years, but instead buy vinyl. Again, it's about having a nice, aesthetically pleasing collection for me

Canadiens1131 makes a great point though. I almost always order online. It's cheaper, books are almost always in stock, and you dont have to worry about dust jackets being damaged from people flipping though them.
But there is one store in Toronto that is awesome to buy books at. It's called BMV. They buy books in bulk (by the pound, i believe) from the bigger stores and sell them at a huge discount. In the past month, I've picked up 3 or 4 books for around $20-$30 each that usually retail for $80-$100. Selection can be limited, but when you find something good, it's like hitting the jackpot
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Old 02-16-2011, 05:42 PM   #10
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i love real books, and real cds too! although i have to order everything online these days as i don't live in the UK any more... i do miss wandering around bookshops though...

although, saying that, last time i was in a bookshop in the UK, i wandered for ages and ages, having a blissful time, amassed an armful of books i wanted, then after i'd finished wandering and flicking thru the pages, i added up the books i'd picked up, and then thought "fuck that, i can get them sooooo much cheaper off amazon/play dot com", and put them all back on the shelves! felt like i'd had a proper shop though, a sort of mad lady shopping experience lol

i have to have real books though... i love my bookshelves... and i do love a good bookshop even if it's mostly for looking... not the point though i guess...
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Old 02-16-2011, 06:40 PM   #11
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I love real books and real CDs also but even I have cut back on purchasing. I stoppped buying CDs almost entirely around a year ago when I realised that had wasted money on CDs that I hardly ever listen to.
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Old 02-16-2011, 07:13 PM   #12
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I like to browse through a book thoroughly before I buy it, and seldom have a specific title in mind when looking for a book on some particular topic, so physical bookstores are important to me.

Borders made lots of serious business mistakes; this isn't just about the growth of e-books.
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Old 02-16-2011, 08:35 PM   #13
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Here's the list of all the Borders stores closing:

Borders Stores Closing - The Wall Street Journal Online - Interactive Graphics

Three locations in Manhattan alone, including my favorite 100 Broadway.

Sigh. Hey, at least there will be major discounts on the books! Better dash over there!
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Old 02-16-2011, 08:46 PM   #14
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I hate the ebook revolution and I'll hold out as long as possible. Books aren't supposed to "break" or run out of batteries. Damn kids...

I actually prefer Borders over B&N for some reason. I love the store brand reprints of classic novels. Borders is my second favorite spot to relax...one of my two favorite locations is closing down.another area being affected is the library, which unfortunately is only open 5days with a weird alternating schedule every other day instead of all seven days.

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Old 02-16-2011, 08:50 PM   #15
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Whenever I have time to kill in Manhattan, I always go to a bookstore. Where would I go if they become obsolete?

I also despise Ebooks. I don't care if they are part of the future, save trees, or more fun. There's nothing like holding a book, having it decorate your shelves (which are called bookshelves).

You know, with CDs being a thing of the past and books heading that way, how would your bedroom or home reflect you? Sure, artwork and wallpaper may, but your CDs and books say so much about you.
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