Borders might disappear... - Blu-ray Forum

Lepidopterous · 04-22-2009, 03:06 PM

http://money.aol.com/investing/brands-that-will-disappear?icid=main|main|dl1|link3|http%3A%2F%2Fmo ney.aol.com%2Finvesting%2Fbrands-that-will-disappear

I hope not... Borders definitely doesn't have the best prices, but I've always liked their selection and atmosphere. This would suck

camper · 04-22-2009, 03:19 PM

People use their store like a library that serves lattee's and baked goods. Go buy a cup of coffee, sit at the table and read the book you were thinking of buying for free.

Of course they're going to be in trouble. It's a hangout, not a store. That type of business model doesn't work for very long, especially when the inventory you have to keep is huge.

camper

Seeking_Alpha · 04-22-2009, 03:21 PM

Uncompetitive, unprofitable? Take it behind the barn and put two in its head.

Should be the same for any non-financial business.

A financial business should go into FDIC receivership.

DetroitSportsFan · 04-22-2009, 03:22 PM

Quote:

Originally Posted by camper

People use their store like a library that serves lattee's and baked goods. Go buy a cup of coffee, sit at the table and read the book you were thinking of buying for free.

I agree, and have done just that. The high prices don't help either.

xtop · 04-22-2009, 03:26 PM

easy solution too. do away with all the chairs everywhere and make the coffee/bakery area..no books allowed

mikejet · 04-22-2009, 03:31 PM

Quote:

Originally Posted by camper

People use their store like a library that serves lattee's and baked goods. Go buy a cup of coffee, sit at the table and read the book you were thinking of buying for free.

Of course they're going to be in trouble. It's a hangout, not a store. That type of business model doesn't work for very long, especially when the inventory you have to keep is huge.

camper

It's amazing how many kids hang out in the manga section.

Amazon FTW!

jkwest · 04-22-2009, 03:35 PM

I thought this was a national thing....wheew...carryon!!

jw · 04-22-2009, 03:39 PM

They killed themselves when they disassociated themselves from Amazon.com. The trickle down effect

http://www.nhne.org/news/NewsArticle...8/Default.aspx

Heres that same article with link

fighthefutureofhd · 04-22-2009, 04:19 PM

Quote:

Originally Posted by camper

People use their store like a library that serves lattee's and baked goods. Go buy a cup of coffee, sit at the table and read the book you were thinking of buying for free.

Of course they're going to be in trouble. It's a hangout, not a store. That type of business model doesn't work for very long, especially when the inventory you have to keep is huge.

camper

you can't read an entire book in one sitting at borders. there is no way. try reading atlas shrugged in one sitting for example. also most people who read mess up the binding on the books and therefore will have to pay for the book. i think the lounge area is most for magazines and such as well as a place for college students to do work. sure, people can read their books there too. i'm sure it happens though i rarely see it.

Quote:

Originally Posted by DetroitSportsFan

I agree, and have done just that. The high prices don't help either.

they actually don't have high prices at all on most of their items. some of their blu-rays are a little high, but for the most part they have reasonable prices on everything just about. they're having an incredible dvd sale at the moment. it's insane really.

Ferris · 04-22-2009, 04:32 PM

Quote:

Originally Posted by fighthefutureofhd

they actually don't have high prices at all on most of their items. some of their blu-rays are a little high, but for the most part they have reasonable prices on everything just about. they're having an incredible dvd sale at the moment. it's insane really.

Indeed. I occassionally find a great deal on BDs there (such as their current 40% off), but for the most part, why would I buy blu-rays, DVDs, CDs at a bookstore? It specializes in print media, not video/audio (with the exception of audiobooks, of course).

I buy all of my books and calendars at Borders as a member of their free Rewards program. MUCH cheaper than Amazon 95% of the time...

quirkmanly · 04-22-2009, 04:37 PM

Quote:

Originally Posted by Ferris

I buy all of my books and calendars at Borders as a member of their free Rewards program. MUCH cheaper than Amazon 95% of the time...

+1

Their regular book coupons have saved me a lot of cash over all of the alternatives.

swifty7 · 04-22-2009, 05:05 PM

at this rate, there will be no more stores left. First was Tweeters then CC, Blockbuster is in major trouble and might be closing and now Borders. I guess Barnes and Nobles is going to be the next casualty of finanace. Soon shopping online is going to be the only choice.

camper · 04-22-2009, 07:39 PM

Quote:

Originally Posted by fighthefutureofhd

you can't read an entire book in one sitting at borders. there is no way. try reading atlas shrugged in one sitting for example. also most people who read mess up the binding on the books and therefore will have to pay for the book. i think the lounge area is most for magazines and such as well as a place for college students to do work. sure, people can read their books there too. i'm sure it happens though i rarely see it.

True about the one sitting thing....but I've known more than a few people who were going to buy a book (literally were planning to purchase it), and read a few chapters and then opted not to. An old co-worker of mine didn't have a TV and she would go to borders every night, and read while nursing a coffee. She actually read 3 books this way, no joke. I'd even go there once in a while if I needed to get some tech notes and didn't feel like spending 70 bucks to buy the book. Before they shrink wrapped many of those, that is

It depends on the area I'm sure, but I often am surprised at how many people sit and 'try out' books that they used to just buy outright.

Legendary deals on the clearance tables though, I have to say that. It is sad to see stores go under, but no business/organization is too big to fail or worth saving. Can't compete, nice knowing you. Open up the market for someone who is capable of succeeding.

camper

mikejet · 04-22-2009, 07:41 PM

Quote:

Originally Posted by swifty7

at this rate, there will be no more stores left. First was Tweeters then CC, Blockbuster is in major trouble and might be closing and now Borders. I guess Barnes and Nobles is going to be the next casualty of finanace. Soon shopping online is going to be the only choice.

I will never buy clothes nor food online. I buy plenty of things at Target and Bestbuy.

Stores will be around for a while. The ones that adapt are the one's that will survive.

fighthefutureofhd · 04-22-2009, 09:12 PM

but how can they adapt when the economy is forcing so many of their competitors to close? if there competitors can't make it what makes them think they'll be able to?

cartman781 · 04-22-2009, 09:16 PM

Great store but just can't see myself paying their asking price.

fighthefutureofhd · 04-22-2009, 09:18 PM

why is that? they're actually pretty reasonable on their prices. i'll admit their blu-ray prices aren't great, but they're certainly not bad. and their prices on everything else is very reasonable. they had tinted windows for $9.99. that's not bad.

cartman781 · 04-22-2009, 09:55 PM

Quote:

Originally Posted by fighthefutureofhd

why is that? they're actually pretty reasonable on their prices. i'll admit their blu-ray prices aren't great, but they're certainly not bad. and their prices on everything else is very reasonable. they had tinted windows for $9.99. that's not bad.

Maybe yours is better but at my local Borders the prices are laughable, although I will splurge for a hard to find CD here and there

ThePhantomOak · 04-22-2009, 10:11 PM

Quote:

Originally Posted by fighthefutureofhd

you can't read an entire book in one sitting at borders. there is no way. try reading atlas shrugged in one sitting for example. also most people who read mess up the binding on the books and therefore will have to pay for the book. i think the lounge area is most for magazines and such as well as a place for college students to do work. sure, people can read their books there too. i'm sure it happens though i rarely see it.

they actually don't have high prices at all on most of their items. some of their blu-rays are a little high, but for the most part they have reasonable prices on everything just about. they're having an incredible dvd sale at the moment. it's insane really.

And yet, off they go to join CC.

I remember the same kind of excuse making about how everyone was wrong about that little electronics chain, and now, all that is left is humongous buildings with nothing inside.

AaronSCH · 04-23-2009, 12:16 AM

They were in trouble even in good economic times. Business is —survival of the fittest. The recent store closings of CompUSA and Circuit City were no big surprises to anyone and the loss of Borders would be no different. Recessions allow the economy to "clean shop" and make way for better and more innovative retailing concepts. It's always a bummer to see working people lose their jobs but we've all been there one time or another. You just start beating the pavement to find a new opportunity. Nothing is guaranteed in life as they say but "death and taxes."

04-22-2009, 03:06 PM	#1
Lepidopterous Blu-ray Ninja Top contributor Member since:Feb 2008 Location:DjMethod was here Blu-ray collection:696 Trading Score:2	Borders might disappear... http://money.aol.com/investing/brands-that-will-disappear?icid=main\|main\|dl1\|link3\|http%3A%2F%2Fmo ney.aol.com%2Finvesting%2Fbrands-that-will-disappear I hope not... Borders definitely doesn't have the best prices, but I've always liked their selection and atmosphere. This would suck

04-22-2009, 03:21 PM	#3
Seeking_Alpha Active Member Member since:Jul 2008	Uncompetitive, unprofitable? Take it behind the barn and put two in its head. Should be the same for any non-financial business. A financial business should go into FDIC receivership. Last edited by Seeking_Alpha; 04-22-2009 at 03:25 PM.

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04-22-2009, 03:19 PM	#2
camper Blu-ray Guru Member since:Dec 2007 Blu-ray collection:367 DVD collection:445 Blu-ray reviews:1 Trading Score:1	People use their store like a library that serves lattee's and baked goods. Go buy a cup of coffee, sit at the table and read the book you were thinking of buying for free. Of course they're going to be in trouble. It's a hangout, not a store. That type of business model doesn't work for very long, especially when the inventory you have to keep is huge. camper

04-22-2009, 03:26 PM	#5
xtop Blu-ray Count Member since:Oct 2007 Blu-ray collection:- DVD collection:- Digital collection:- Trading Score:3	easy solution too. do away with all the chairs everywhere and make the coffee/bakery area..no books allowed

04-22-2009, 03:35 PM	#7
jkwest Off-Topic King Member since:Jul 2007 Location:Northern California PSN Id: jkwest5 Blu-ray reviews:1 Trading Score:20	I thought this was a national thing....wheew...carryon!!

04-22-2009, 03:39 PM	#8
jw Blu-ray Archduke Top contributor Member since:Apr 2007 Location:USA Trading Score:519	They killed themselves when they disassociated themselves from Amazon.com. The trickle down effect http://www.nhne.org/news/NewsArticle...8/Default.aspx Heres that same article with link

04-22-2009, 05:05 PM	#12
swifty7 Special Member Member since:Sep 2007 Trading Score:3	at this rate, there will be no more stores left. First was Tweeters then CC, Blockbuster is in major trouble and might be closing and now Borders. I guess Barnes and Nobles is going to be the next casualty of finanace. Soon shopping online is going to be the only choice.

04-22-2009, 09:12 PM	#15
fighthefutureofhd Blu-ray Baron Member since:Jun 2008 Location:Dry County	but how can they adapt when the economy is forcing so many of their competitors to close? if there competitors can't make it what makes them think they'll be able to?

04-22-2009, 09:16 PM	#16
cartman781 Blu-ray Samurai Member since:Sep 2007 Location:In a van down by the river Blu-ray collection:2074 DVD collection:257 Digital collection:18 Blu-ray reviews: 7 Trading Score:99	Great store but just can't see myself paying their asking price.

04-22-2009, 09:18 PM	#17
fighthefutureofhd Blu-ray Baron Member since:Jun 2008 Location:Dry County	why is that? they're actually pretty reasonable on their prices. i'll admit their blu-ray prices aren't great, but they're certainly not bad. and their prices on everything else is very reasonable. they had tinted windows for $9.99. that's not bad.

04-23-2009, 12:16 AM	#20
AaronSCH Banned Member since:Sep 2007 Trading Score:1	They were in trouble even in good economic times. Business is —survival of the fittest. The recent store closings of CompUSA and Circuit City were no big surprises to anyone and the loss of Borders would be no different. Recessions allow the economy to "clean shop" and make way for better and more innovative retailing concepts. It's always a bummer to see working people lose their jobs but we've all been there one time or another. You just start beating the pavement to find a new opportunity. Nothing is guaranteed in life as they say but "death and taxes."

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