July 19, 2011
thedailywhat:

End Of An Era of the Day: After 40 years in business, Borders announced today that it will be closing all remaining stores and laying off 11,000 employees.
“We were all working hard towards a different outcome,” Borders Group President Mike Edwards said in a statement, “but the headwinds we have been facing for quite some time, including the rapidly changing book industry, e-reader revolution, and turbulent economy, have brought us to where we are now.”
Borders had hoped to be saved from shuttering by a last minute bid, but the deal fell apart with no one else stepping up to buy the troubled book and music retailer.
[annarbor / wsj / photo: michelelee.]

thedailywhat:

End Of An Era of the Day: After 40 years in business, Borders announced today that it will be closing all remaining stores and laying off 11,000 employees.

“We were all working hard towards a different outcome,” Borders Group President Mike Edwards said in a statement, “but the headwinds we have been facing for quite some time, including the rapidly changing book industry, e-reader revolution, and turbulent economy, have brought us to where we are now.”

Borders had hoped to be saved from shuttering by a last minute bid, but the deal fell apart with no one else stepping up to buy the troubled book and music retailer.

[annarbor / wsj / photo: michelelee.]

(Source: thedailywhat)

  1. pallas-athena reblogged this from thedailywhat and added:
    Old news, but still.
  2. grapery reblogged this from c-c-c-controversial and added:
    There’s no fucking bookstore in Elk Grove now.
  3. dont-blowyourcomposure reblogged this from lifeandotherrandomness and added:
    (via imgTumble)
  4. lifeandotherrandomness reblogged this from beginyourstory and added:
    This kind of reminds me of “You’ve Got Mail”. Seeing Meg Ryan close the Shop Around the Corner was heartbreaking.
  5. bebravebeforeitstoolate reblogged this from thedailywhat
  6. lrnlzbthtm reblogged this from thedailywhat
  7. soul-rocketeer reblogged this from meevish
  8. meevish reblogged this from sammytheboyking
  9. lalalere reblogged this from sinsoo
  10. seaofashtrays reblogged this from releasethestarss and added:
    Soooooosad :( I absolutely love Borders.
  11. theswimmerking reblogged this from wewerepatheticstars
  12. swallowthecold reblogged this from thedailywhat
  13. cucumbersdontfly reblogged this from octoeye and added:
    Borders went out of business. weird. octoeye:
  14. deirdreand reblogged this from thedailywhat and added:
    This makes me so sad.
  15. motorcitykitty reblogged this from tetanusorigins and added:
    but independent book stores are thriving. books ain’t goin nowhere, my friends.
  16. partyin221b reblogged this from starcruising
  17. im-justalittleunwell reblogged this from starcruising
  18. pairofbrolins reblogged this from dylansneck and added:
    no dammit what no no fucking no
  19. targaryenyang reblogged this from fomalhautb
  20. fomalhautb reblogged this from starcruising and added:
    #is it weird that I’m actually crying right now?
  21. stevedallasbynight reblogged this from thedailywhat and added:
    Balls. Not that I shopped there, but I hate to see a bookstore go under.
  22. africanyoun0t reblogged this from starcruising and added:
    Wait a minute are you fucking kidding me. Borders is like my favorite fucking store ever. I hate ebooks and kindles and...
  23. starcruising reblogged this from homoerotics
  24. peterpanseyebrows reblogged this from thedailywhat and added:
    $50 gift card for borders wtf man
  25. killerkhaleesi reblogged this from f-scottfitzhiddles
  26. f-scottfitzhiddles reblogged this from sammytheboyking
  27. kellyshambles reblogged this from thedailywhat
  28. srielbeenlt reblogged this from thedailywhat
  29. uualcompris reblogged this from thedailywhat and added:
    Oh How I Love That Movie :)
  30. joysun reblogged this from thedailywhat and added:
    Oh my god, I’m depressed. I loved...so much…I still do! The only reason I’m
  31. promgonewrong reblogged this from dreamsincolor and added:
    I am so bummed that there aren’t any Borders by me. I can’t go stock up. Uuuuugh!!
  32. shucee reblogged this from fifthangelramiel
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