Tag Archives: bankruptcy
The end of a bookseller
As predicted, Borders will soon liquidate its remaining stores, leaving almost 12,000 men and women without jobs. The bookseller will leave behind millions of dollars in debt still owed, much of it to publishers. Landlords will be left with unfulfilled … Continue reading
Filed under Musings
Alas, poor Borders, we will miss you
I grew up in a household where the book was valued, not only as a form of entertainment but as a friend. A book was something that could transport you to faraway lands and worlds. A book could teach you … Continue reading
Filed under Musings
Borders CEO Speaks
Approximately three months have passed since Borders filed for bankruptcy. In that time, we’ve seen the bookseller announce the closure of more than 200 stores. Other stores are figuratively holding their breath as they wait to see if the axe … Continue reading
Filed under Uncategorized
Borders execs to get bonuses
Last Friday I wrote about Borders wanting another $50 million in financing, even though it has yet to file a new operating/reorganization plan with the bankruptcy court. Well, on the heels of that news came news that the bankruptcy court … Continue reading
Filed under Uncategorized
Borders, E-Books Sales and More
Before we get started with the weekly “news”, I have to give a shout out to Shiny Book Review and say “thanks” for the wonderful review of the e-arc of Dave Freer’s middle grade/early ya novella, Without a Trace. You … Continue reading
Filed under announcement, schedule
Borders Strikes Again
Just when I thought I’d seen it all where Borders is concerned, I discover I’m wrong. Mind you, I’m often wrong, so that’s nothing new. But the audacity of this latest move by the beleaguered bookseller has me wondering just … Continue reading
Filed under Uncategorized
Some Final — Hopefully — Thoughts on the Borders Bankruptcy
As the title of this post states, I’m hoping things settle down and the Borders bankruptcy moves out of the “breaking news” category. Do I think it will? Not for a while. Why? Because even now, Borders continues to shoot … Continue reading
Filed under Uncategorized
Quick Borders Update
Chief Judge Arthur Gonzales may rule today on Borders’ motion establishing its store closing procedures. He did say yesterday that Borders’ budget for using the approved loan money should be made public. Over initial objections that the budget contains information … Continue reading
Filed under Uncategorized
