Borders US to close

Written By: Bookseller Staff Publication Date: Tue, 19/07/2011 - 09:10 The final death knell for Borders US sounded yesterday as the company said its remaining 399 stores would begin winding down in three days' time. No bidders came forward to buy the 40-year-old American bookselling chain, so the company cancelled a bankruptcy auction planned for today (19th July). read more Continue reading at 'The Bookseller'

[ The Bookseller | 2011-07-19 00:00:00 UTC ]

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A World Without Borders

It might seem only reasonable for independents to gloat, at least a little, now that one of their biggest competitors, Borders Book Group, which had 1,249 stores in 2003, has begun closing its remaining 399 stores. But the response from indies to Borders's demise has been muted by the potential... Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-07-22 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #bookselling business


Books-A-Million in last-minute Borders bid

Written By: Bookseller Staff Publication Date: Fri, 22/07/2011 - 09:32 Books-A-Million has bid for up to 35 US Borders stores in a last-minute offer to try and save part of the 40-year-old bookselling chain. The chain, which also runs stores under the names Books & Co., Bookland and Joe... Continue reading at The Bookseller

[ The Bookseller | 2011-07-22 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #bloomberg reports #borders stores #bookselling chain


Borders is Toast, But Don't Blame E-Books

A physical bookstore closes, but it's not the fault of ebooks. Presented By: Get Ready for Tomorrow Today with Cisco The way the world consumes and shares data will dramatically change in the next five years. Is your network ready to handle the load? Friend and follow Cisco across the web as... Continue reading at PC World

[ PC World | 2011-07-19 00:00:00 UTC ]
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"Last minute" bid needed for Borders

Written By: Bookseller Staff Publication Date: Fri, 15/07/2011 - 08:50 Borders could cease to exist by the end of next week although the retailer's lawyer said it has received other inquiries that could result in a takeover. On Wednesday a committee of unsecured creditors rejected a takeover... Continue reading at The Bookseller

[ The Bookseller | 2011-07-15 00:00:00 UTC ]
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The Back-End Tools Sales Teams Use to Manage, Monitor and Close the Integrated Sale

In the more simple days of selling, advertising sales executives dealt in print, closing deals on a monthly cycle. Now, as technology drives opportunities for publishers, sales execs are faced with an ever-growing portfolio of products and services to offer to clients. Continue reading at Folio Magazine

[ Folio Magazine | 2011-07-14 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #ever-growing portfolio #closing deals


Borders US could face liquidation

Written By: Bookseller Staff Publication Date: Thu, 14/07/2011 - 09:40 Borders could face liquidation in the United States after a committee of unsecured creditors rejected a proposed takeover by private equity firm Najafi Companies. The creditors are concerned Najafi would buy the company at... Continue reading at The Bookseller

[ The Bookseller | 2011-07-14 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #court filing #low price #proposed takeover #unsecured creditors


Charity BookPower to close

Written By: Benedicte Page Publication Date: Tue, 12/07/2011 - 08:33 Education charity BookPower is to wind down this autumn after suffering a major squeeze in donations over the past 18 months. read more Continue reading at The Bookseller

[ The Bookseller | 2011-07-12 00:00:00 UTC ]
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Living Oasis closes another branch

Written By: Lisa Campbell Publication Date: Mon, 11/07/2011 - 16:15 Christian retailer Living Oasis has closed another store, with it slashing its number of branches from 19 to four in just over four months. The Cheltenham, Gloucestershire branch was closed on Friday with two days’ notice... Continue reading at The Bookseller

[ The Bookseller | 2011-07-11 00:00:00 UTC ]
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Fourth Living Oasis to close

Written By: Lisa Campbell Publication Date: Thu, 07/07/2011 - 08:50 A fourth Living Oasis bookstore in two weeks has announced its closure, with the once 19-strong Christian bookselling chain now in rapid decline. Living Oasis in Chester will shut its doors for the last time on 30th July. It... Continue reading at The Bookseller

[ The Bookseller | 2011-07-07 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #living oasis #rapid decline


Borders Resolution in Sight

Ever since Borders Group filed for Chapter 11 in February, one of the overriding concerns of the major publishers has been that the bankruptcy process not be dragged out. Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-07-01 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #major publishers


Borders US agrees sale to Najafi

Written By: Bookseller Staff Publication Date: Fri, 01/07/2011 - 09:13 Borders in the US has agreed to sell to private investment firm Najafi for $215m (£135m), it has been announced today. The Borders Group bookselling chain is now seeking bankruptcy court approval for the agreement, which if... Continue reading at The Bookseller

[ The Bookseller | 2011-07-01 00:00:00 UTC ]
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Living Oasis Close two more branches

Written By: Charlotte Williams Publication Date: Thu, 30/06/2011 - 09:29 Two Living Oasis branches will be closing this Saturday, making seven staff redundant. The Christian retailer will shut up shop in Nottingham and Worthing this weekend, affecting the four staff at Nottingham and three in... Continue reading at The Bookseller

[ The Bookseller | 2011-06-30 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #christian retailer #staff redundant


Belfast university bookshop to close

Written By: Lisa Campbell Publication Date: Fri, 24/06/2011 - 13:39 A Belfast academic bookshop has decided to shut its doors after 53 years trading, blaming competition from the internet for declining sales over the last five years. The Bookshop at Queen’s on University Road in Belfast,... Continue reading at The Bookseller

[ The Bookseller | 2011-06-24 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #31st august #serves students #northern ireland #declining sales #blaming competition


Borders cuts losses as suitors circle

Written By: Bookseller Staff Publication Date: Wed, 22/06/2011 - 09:15 Borders has cut its net losses by almost $100m (£61.7m) in May as two "buyout moguls" have emerged as contenders to take over the business. read more Continue reading at The Bookseller

[ The Bookseller | 2011-06-22 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #net losses


Angus & Robertson close 42 stores

Publication Date: Thu, 16/06/2011 - 09:20 Angus & Robertson has announced 42 store closures across Australia and has sacked more than 500 staff. The announcement was made on administrator Ferrier Hodgson’s website as the company continues to negotiate to sell 19 bookstores. The chain, owned... Continue reading at The Bookseller

[ The Bookseller | 2011-06-16 00:00:00 UTC ]
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Sandwich Bookshop to close

Written By: Lisa Campbell Publication Date: Wed, 15/06/2011 - 14:25 The Sandwich Bookshop in Kent is closing after seven years, blaming a rise in internet bookselling, supermarket discounting and the popularity of e-readers. Owner Louise Vance will be shutting the doors to her shop in... Continue reading at The Bookseller

[ The Bookseller | 2011-06-15 00:00:00 UTC ]
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Second private equity firm interested in Borders US

Written By: Lisa Campbell Publication Date: Thu, 09/06/2011 - 09:19 Private equity firm Najafi Companies is reportedly in discussions to buy Borders in America. The Wall Street Journal said "people familiar with the matter" said the firm, which usually makes investments of $1bn or less, is in... Continue reading at The Bookseller

[ The Bookseller | 2011-06-09 00:00:00 UTC ]
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More store closures loom for Borders, A&R

More closures of Borders and Angus & Robertson book stores loom after the administrator told staff negotiations with creditors had ended. Continue reading at The Sydney Morning Herald

[ The Sydney Morning Herald | 2011-05-30 00:00:00 UTC ]
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Book stores will close if no buyers

ADMINISTRATORS for the troubled book retailers Borders and Angus & Robertson have warned both chains may close if buyers can't be found. Continue reading at The Sydney Morning Herald

[ The Sydney Morning Herald | 2011-05-30 00:00:00 UTC ]
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Living Oasis Edinburgh to close

Written By: Lisa Campbell Publication Date: Mon, 23/05/2011 - 09:23 An Edinburgh branch of Christian bookseller Living Oasis will close in June because of “ongoing losses” and no sign that trade will “substantially increase” in the shop. A formal consultation process had begun with staff after... Continue reading at The Bookseller

[ The Bookseller | 2011-05-23 00:00:00 UTC ]
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