Borders Books, Dead At 40
theodp writes "There will be no storybook ending for Borders. The 40-year-old book seller could start shuttering its 399 remaining stores as early as Friday (store closing map). The Ann Arbor, MI-based chain, which helped pioneer the big-box bookseller concept, is seeking court approval to sell off its assets after it failed to receive any bids that would keep it in business. Hang on to those Borders Midnight Magic Party memories, kids!"
Who needs to burn books and things that last when you have technology to do it for you?
I hate to say it but technology both gives you freedom and inherently takes other freedom away.
Books will slowly become the domain of the academic and public service, so they will gradually fade from prominence. With ebooks, you are at the whim of the ebook publisher, DRM, the ebook reader manufacturer and of course electricity.
Don't let that stop you buying ebooks though, I try own a physical version for important books. I see an ebook as a modern day convenience most certainly not an equivalent replacement.
Slashdot needs Geekcode | Can anyone recommend any good SCIFI? My tastes: Foundation, Startide Rising, CITY, Ringworld,
We've got a Borders here in town... And I won't miss them when they close their doors.
It's been a long time since I was able to go there and buy a book that wasn't on some best-seller list. And they've got more movies, music, calendars, and bookmarks than they have actual books at our store. There's a reason they're going out of business.
They would have gone out of business sooner if they only had books. They added all those other things in an attempt to get people to come in and buy something at least...
"Convictions are more dangerous enemies of truth than lies."
Their books weren't overpriced but their cd's / dvd's / blu-ray's were obscene. When you see Border's charging $40 for a new movie and you can walk into Best Buy down the street and buy the same exact thing for $20, there's no reason to buy non-book items from Border's.
"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." ~Thomas Jefferson
They sold too many web development books in the 90's to Amazon employees.
After I got out of grad school in the early nineties I discovered that having an advanced degree from one of the top 5 universities in the country didn't count for squat. After 18 months' fruitless search I got a job at a hedge fund fiduciary. 8 awful months later the giant hedge fund Long Term Capital Management blew up and nearly took the US economy with it then & there. People invested in hedge funds freaked, pulled out all their money, and I was without a job again.
I got a temp job in Northern Trust Bank's Private Banking division working up investment plans for rich people. The Private Banking division used Excel, of course. It was slow, and repetitious.
So I spent evenings and weekends sitting in Borders taking notes from their books on Visual Basic and VBA in order to automate the process. I couldn't afford to buy the books, I was so poor, and the library only carried books on Fortran and Basic and COBOL. I taught myself how to program that way (yes, I know it was only Visual Basic), and wound up reducing the turnaround time of the Private Banking division from 2 wks to an hour and a half. The division manager promptly fired me and stole my work, but I had found a new window of opportunity. I did more VB work, then added MS Access, then transitioned to VBScript during the dotcom days.
I switched to LAMPP in 1998 and haven't looked back. But it was those days & nights in Borders that allowed me to chart a course for a relatively stable career, given the turbulence of IT and Internet over the past decade. I dunno if their business model has any future, but for me then it was the right place at the right time.
RIP Borders
Do what you can, with what you have, where you are.
I don't shop online generally, and refuse to use amazon on principle, so it all suck a bit. If I have to buy books online I tend to use AbeBooks, a collective of independant bookshops.
You do realize that AbeBooks is owned by Amazon.com, don't you?
http://en.wikipedia.org/wiki/Amazon.com#Acquisitions
World of Anime
I looks like another one that missed that a lobby group for bookshop chains including Angus and Robertson set that policy decades ago and have been lobbying to continue it ever since, right up until at least a few months ago. It was nothing but a barrier of entry to small bookshops that were left with little choice but to buy from the big distributors. It was like that in the 1980s (when I worked in a small technical bookshop) and it's been kept in place ever since purely for the benefit of the chains.
Books at brick and mortar stores tend to be overpriced compared to those sold online. That's not because Borders is gouging them, but because the publishers demand so much. Retailers' margins are thin. So yes they are expensive but Borders didn't "do it to themselves." Borders and B&N have a quaint, warm, relaxed experience but the most hard core book buyers go online now for better prices.
B&N actually survives because they have a good website in competition with Amazon, and frankly their selection has always been better than borders. B&N also has Starbucks in their stores, which gives them a hipster mystique for those who just want to come in and sit and read and have some Starbucks coffee. Funny enough, Borders tried to get early in the game of book selling online and who did they contract with?... Amazon. Most people don't realize this fact seriously delayed Borders' web strategy rather than enhancing it. They didn't have the vision to see web commerce coming and Amazon did to them what they did to mom and pop book shops. And they spent no time getting any experience in marketing and selling on the web because they contracted with Amazon in the early days. I'm betting Amazon knew this and went ahead hoping to basically steal sales from Borders original paltry websites. So in a sense, Borders did to it to themselves, it's just it had everything to do with not getting online fast enough.
"All great wisdom is contained in .signature files"
Speaking for me, where Amazon dominates is in selection and in *used* books (and used videogames, etc.). If I want a book on a particular subject, I can drive to my local Borders and hope they have a decent book on it (usually not the best on the subject) and pay full retail price on it. Or I can go to my library and look at a bunch of books that are usually years out of date and hope that I can find a decent one that isn't checked out. Or I can go online to Amazon, see every book ever published on the subject, read reviews to find the best one, and then buy it used for a small fraction of what it would have cost new. And the same applies to videogames, DVD's, etc.
The only real advantage that brick and mortars enjoy is that I can get a book immediately (but the Kindle is making even that point moot), and that I can browse. But, since my tastes are not exactly mainstream, browsing isn't really much of an advantage to me. I have no desire to browse isle after isle of Harry Potter knockoffs and vampire romances, thank you. And I'm not a big coffee drinker.
SJW: Someone who has run out of real oppression, and has to fake it.
Why publishers put up with demands for supply at zero-profit (sometimes negative profit) terms from amazon I don't know
Not sure what you're talking about here. Publishers sell at the net price, which is typically 50% of the cover price. Book stores then sell at the retail price and pocket the difference. When Amazon is selling a book at 45% off the cover price, it means that the publisher is still getting 90% of the sale price. When a book store sells at the cover price, it means that the publisher is getting 50% of the sale price. Authors are typically paid a percentage of net, so we get the same amount irrespective of where you buy the book.
At least, that's how it works with my publisher.
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I always thought Borders was the shop for pseudo-intellectuals who were terrified of books. I couldn't think of any other explanation of why they had a much lower ratio of books to floor space than any other book store I've ever been in. I went in a few branches around the world, and never bought anything.
Here's a hint for anyone wanting to run a book store: it helps if you stock a wide range of books, on big shelves, not just a few tables with some artistically arranged on them.
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