PDA

View Full Version : Borders near bankruptcy after e-books weigh it down



the8thark
02-11-2011, 08:49 PM
Borders near bankruptcy after e-books weigh it down
Borders near bankruptcy after e-books weigh it down | Electronista (http://www.electronista.com/articles/11/02/11/borders.near.chapter.11.bankruptcy/)

harryb2448
02-11-2011, 10:09 PM
Alas the beginning of major troubles for book companies. Too many publishers and too many stores competing with e-books.

RavingMac
02-11-2011, 10:39 PM
I'm all in favor of a transition to eBooks, but hate to see companies like this go under. :\

schweb
02-11-2011, 10:43 PM
I'm all in favor of a transition to eBooks, but hate to see companies like this go under. :\

FWIW, Borders has been struggling for a long time. Their problems stem from well before e-books

Doug b
02-11-2011, 10:49 PM
Now this... I really don't like, at all. eBooks should have their place, but to replace print is ridiculous. I really don't want to see book stores go the way of Tower Records and Virgin etc.. I was in a borders a few weeks ago, and overheard a conversation between one of the employees and a patron, discussing just this subject matter.

The gist of it was that they weren't doing well at all, especially in that particular neighborhood (Murray Hill Manhattan) and a big part of it had to do with the proliferation of the eBook and their counterpart hardware. The Barnes and Noble book store across from Lincoln Center has also closed after more than 20 years of service there, which to me was really sad, since I grew up going in there.

To me, there's no comparison between being able to go into a store, browse the isles and pick up a real book vs. using an eReader. In the store you sit down with it in a nice comfy chair and feel the paper between your finger tips. From a tactile point of view, paper just tends to evoke a lot more emotion than a cold piece of plastic or whatever an eReader is made from. It's just a lot more personal.

Seems that this is the intention of the media corporations though... to make everything less personal, and more shall I say.. socialistic ? Hopefully used book stores like Strand won't fade into obscurity either.

Doug

the8thark
02-11-2011, 10:52 PM
As a comparison.

People said the sound from vinyl was magical and could not be replicated on a CD. But vinyl died. And as many emotions that paper can bring, I think one day the whole dead tree and people need oxygen idea will win through.

schweb
02-11-2011, 10:58 PM
Again, I'm telling you ebooks are not the cause of either Borders or Barnes & Noble's issues. Their models started to die as soon as Amazon hit the scene. They were already teetering at the cliff, ebooks are just pushing them over the edge. They never adapted very well to the internet, and by the time they tried, it was way too late.

robduckyworth
02-11-2011, 10:59 PM
Now this... I really don't like, at all. eBooks should have their place, but to replace print is ridiculous. I really don't want to see book stores go the way of Tower Records and Virgin etc.. I was in a borders a few weeks ago, and overheard a conversation between one of the employees and a patron, discussing just this subject matter.

The gist of it was that they weren't doing well at all, especially in that particular neighborhood (Murray Hill Manhattan) and a big part of it had to do with the proliferation of the eBook and their counterpart hardware. The Barnes and Noble book store across from Lincoln Center has also closed after more than 20 years of service there, which to me was really sad, since I grew up going in there.

To me, there's no comparison between being able to go into a store, browse the isles and pick up a real book vs. using an eReader. In the store you sit down with it in a nice comfy chair and feel the paper between your finger tips. From a tactile point of view, paper just tends to evoke a lot more emotion than a cold piece of plastic or whatever an eReader is made from. It's just a lot more personal.

Seems that this is the intention of the media corporations though... to make everything less personal, and more shall I say.. socialistic ? Hopefully used book stores like Strand won't fade into obscurity either.

Doug

i have to agree, id much rather sit down with an actual book than a kindle or ipad etc. its just not the same.

RavingMac
02-11-2011, 11:03 PM
i have to agree, id much rather sit down with an actual book than a kindle or ipad etc. its just not the same.

Actually, I'd rather use my iPad. But I still don't like to see book stores go down the tubes.

bobtomay
02-11-2011, 11:06 PM
While ebooks may be helping things along, bookstores have been having problems for several years. I've seen quite a few closings of stores in the past decade including Hastings, B&N, Borders to mom & pop shops well before the first ebook readers came about.

Ebooks are only helping along the demise of the ones that have built too many stores, too close together and too large for the areas they serve. When a store has to sell books by the thousand(s) a month just to pay the rent, they're only asking for trouble.

RavingMac
02-11-2011, 11:37 PM
I just saw this on TUAW:

"Sorry to burst your bubble, iPad owners, but owning and using an iPad doesn't exactly make the opposite sex swoon, at least according to Retrevo 's Gadgetology Report. The report asked consumers if they notice other people's gadgets and, if so, how they react to them, and it turns out that seeing someone use an iPad is lower on the standard "I find you attractive" scale than seeing them with a pile of books. Only 36 percent of men are attracted to a woman because of her iPad, versus 42 percent liking a woman reading a book. As for the women, 29 percent like a man with an iPad, and 30 percent prefer book readers. Seems that traditional books really won't be going anywhere, even with all the popularity of the iPad."

Maybe they need to fight back with advertising based on research like this.

dbruns
02-11-2011, 11:43 PM
I didn't realize the transition to ebooks are taking over the marketplace.

It reminds me of how Netflix took over Blockbuster with their Online DVDS

Doug b
02-12-2011, 01:29 AM
People said the sound from vinyl was magical and could not be replicated on a CD.

It can't be. Know why ? Because digital waves can not produce the type of "distortion" which vinyl does, that is so pleasing to the ear and brain. Fact. I wouldn't call it magical though, it's only physics/science. Then again, we used to burn people at the stake because they were witches....


But vinyl died. Why, because it's not a digital format that Apple sells, or because it's not mainstream popular ? You're misinformed my friend. There are a lot of "niche" markets out there which do amazingly well, and cater to a large enough audience that it's still lucrative to be a part of. Vinyl pressings is one of those things. I can give you a few pages worth of online record shops which sell vinyl, both used as well as freshly pressed.


And as many emotions that paper can bring, I think one day the whole dead tree and people need oxygen idea will win through.Wow, now you're reaaaally being silly ! haha. Tell ya what, when you find that big corporations are no longer bulldozing depleting rain forests in order to build strip malls and real estate property, I'll start worrying about the infinitely MINUTE amount of trees it takes to print a book on. And didn't ya know bub, we're into recycling these days. Betch'a forgot about that eh ? :Blushing:

Doug

XJ-linux
02-12-2011, 01:42 AM
Wow, now you're reaaaally being silly ! haha. Tell ya what, when you find that big corporations are no longer bulldozing depleting rain forests in order to build strip malls and real estate property, I'll start worrying about the infinitely MINUTE amount of trees it takes to print a book on. And didn't ya know bub, we're into recycling these days. Betch'a forgot about that eh ? :Blushing:

Doug

I'll worry about the renewable trees after they figure out the carbon footprint of the non-renewable diesel we use to freight all those iPhones, iPads and iPods over from Asia. Scratch that, I'm not worried about either. ;)

Kevriano
02-12-2011, 03:21 AM
Vinyl did not die, but it got hella expensive, so stores don't stock it. I love my vinyl still, but convenience dictates the use of MP3 at the moment.

Back on topic.
Sad to see this kind of thing happening, but for sure the impact of ebooks and readers has had some effect. One of our local, and relatively large bookstores has gone into administration, despite being a store that could compete with Amazon on price. Clearly that isn't the reason for their demise, but it's a great shame.
I certainly don't want to see the end of books, but eventually I think a library will be the only place to get them (if they don't close them all - which they are gradually here!)

CrimsonRequiem
02-12-2011, 04:23 AM
I love print, paper and ink. I'm not into reading books on computers or anything with a screen.

When I think of a book store I think of Barnes and Noble. When they go down...I think I would be worried. T_T"

I've never shopped at Borders. >_>"

1991-C4
02-12-2011, 10:02 AM
Just late last year, Borders was talking about buying B&N. So I guess the merger is off???

Borders Interested in Buyout of Barnes & Noble - WSJ.com (http://online.wsj.com/article/SB10001424052748704156304576003041857933776.html)

osxx
02-12-2011, 10:39 AM
I think the masses slowed down on buying things like books and music so from what I see
they had price increases to keep afloat which made their condition worse the economy is
still very bad and in some places the worse its ever been making these things a low priority.

iggibar
02-12-2011, 04:24 PM
I just have this to say. I'm a very technology oriented person, but I still like to colect books that I like. The problem with B&N or Borders is that their books are SO overpriced!! Why have a book cost more than it's worth? You can go to used book stores, or similar places that sell books for so much less. One of my favorite book stores, Half Price Books, has everything I could ever want to read, plus they have a great collection of cd's and movies, they will also buy back your old books! I would rather spend my money there on 3 books, than spending that same amount on only 1 book at B&N/Borders. But, that's just my opinion...a book is a book. As for the eBooks killing them, yeah right! They have only themselves to blame.

the8thark
02-12-2011, 04:40 PM
I have to agree with the above post. I often go into the borders in Brisbane. Sure I like me tech but a good paper cookbook is very nice. And I never bought any cookbook in their store. Why would I pay $50 at Borders when I can pay $30 at another store.

I think they were on the edge and the failed e-book venture just pushed them over the cliff.

TattooedMac
02-12-2011, 07:17 PM
The problem with B&N or Borders is that their books are SO overpriced!!

Too true. I looked @ David Pouge SL bible when it first came out (as i was only a Mac user for about 10mnths) and they wanted to charge me $83.
Amazon and $44 later with a weeks wait i had it in my hands. Nearly half the price, and they could not give me a set date in the bookstore. They gave me 6 weeks to start with and then i walked out after thanking them and Amazon was cheaper and easier for me.
Shameful it was on there part. And didnt get a "Oh hang on then ill see what we can do" from the sales assistant . . .

Cheerts

CrimsonRequiem
02-12-2011, 08:29 PM
Too true. I looked @ David Pouge SL bible when it first came out (as i was only a Mac user for about 10mnths) and they wanted to charge me $83.
Amazon and $44 later with a weeks wait i had it in my hands. Nearly half the price, and they could not give me a set date in the bookstore. They gave me 6 weeks to start with and then i walked out after thanking them and Amazon was cheaper and easier for me.
Shameful it was on there part. And didnt get a "Oh hang on then ill see what we can do" from the sales assistant . . .

Cheerts

Well to be fair...online usually has better deals.

TattooedMac
02-12-2011, 09:43 PM
Well to be fair...online usually has better deals.

Yea i agree, but to be able to get it from Amazon with nearly 50% discount and have it shipped from the US i had it cheaper and quicker than the book store could get it. And then they could not give me a firm date.
I love the feel of paper between my fingers, but i havnt as yet read a book on a Reading Device so i cant make a comparison. I dont think i would get the same experience out of it though IMO.
I would hate to see the downfall of the book store.
To sit relax and browse around is more for me. I find too if im looking for a certain title, i tend to buy a least 1 other book from just browsing around. I dont have a wish list when im in a store so i tend to get it for later and pile it up in my "Get around to reading" pile at home. Thats just me though . . . .

Cheers

safarisurfer
02-16-2011, 07:29 PM
for me ive noticed i buy my books from amazon more then barnes and nobel and borders. the books at amazon are 10 dollars cheaper. usually its alot cheaper then that. its just less money and less money wins.

when im out and about barnes and nobel is my favorite store. i would cry to see one shut down.

chscag
02-16-2011, 10:52 PM
for me ive noticed i buy my books from amazon more then barnes and nobel and borders. the books at amazon are 10 dollars cheaper. usually its alot cheaper then that. its just less money and less money wins.

when im out and about barnes and nobel is my favorite store. i would cry to see one shut down.

Keep your box of tissues handy because the WSJ reported today that Borders has already filed chapter 11 and they hinted that B&N was not doing all that well either. In case someone is not aware, Borders also owns Waldenbooks.

Amazon and Half Price books just keep on trucking..... :)

cwa107
02-16-2011, 11:34 PM
Keep your box of tissues handy because the WSJ reported today that Borders has already filed chapter 11 and they hinted that B&N was not doing all that well either. In case someone is not aware, Borders also owns Waldenbooks.

Amazon and Half Price books just keep on trucking..... :)

About the only thing I'll miss is their magazine rack and maybe Seattle's Best coffee (at least at my local Borders). They always had unusual magazines that you wouldn't see elsewhere. As a matter of fact, I went there monthly for Amiga Format (a UK magazine), which supplied much of my Amiga software from their cover disks in the early to mid-90's.

bobtomay
02-16-2011, 11:42 PM
I do love a good bookstore. I can spend hours in there. The closest one to my house is about 12 miles away now and just can't seem to get myself off my rear on the occasional Sunday morning any more to drive all the way over there when my iPad is sitting on the arm of the chair and the coffee pot another 15 steps away.