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Books / Re: The Complete Borders Implosion
« on: July 21, 2011, 08:34:18 PM »
Here is another note from a guy who used to work there.
http://www.quora.com/Borders-Books/Why-is-Barnes-and-Noble-performing-well-as-a-business-while-Borders-has-filed-for-bankruptcy-it-has-somthing-to-do-with-net
Borders is also expensive. They don't discount their hardcover books. I can get a book for $18 at Barnes and Noble. The same book is $30 at Borders. I could also go to B&N website and it will tell me if a store has a book in, if I used the Borders website it would say "yeah probably".
I remember when Circuit City was going down. I read in the paper that they fired all of their best sales people. Circuit City paid for performance. These guys made the money. So they got fired.
Is Barnes and Noble the last chain book store? Or at least the last national chain? I read an article today wondering if B&N can survive. They have large stores, which means high rent. Yet, the store is loaded with people just browsing, buying 1 cup of coffee, and/or using free internet. They may need to find a way to get people to spend money there other than just buying books. Maybe expand their cafe so people go there for lunch.
http://www.quora.com/Borders-Books/Why-is-Barnes-and-Noble-performing-well-as-a-business-while-Borders-has-filed-for-bankruptcy-it-has-somthing-to-do-with-net
Borders is also expensive. They don't discount their hardcover books. I can get a book for $18 at Barnes and Noble. The same book is $30 at Borders. I could also go to B&N website and it will tell me if a store has a book in, if I used the Borders website it would say "yeah probably".
I remember when Circuit City was going down. I read in the paper that they fired all of their best sales people. Circuit City paid for performance. These guys made the money. So they got fired.
Is Barnes and Noble the last chain book store? Or at least the last national chain? I read an article today wondering if B&N can survive. They have large stores, which means high rent. Yet, the store is loaded with people just browsing, buying 1 cup of coffee, and/or using free internet. They may need to find a way to get people to spend money there other than just buying books. Maybe expand their cafe so people go there for lunch.