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. bebravebeforeitstoolate reblogged this from thedailywhat
  5. lrnlzbthtm reblogged this from thedailywhat
  6. soul-rocketeer reblogged this from meevish
  7. meevish reblogged this from sammytheboyking
  8. lalalere reblogged this from sinsoo
  9. seaofashtrays reblogged this from releasethestarss and added:
    Soooooosad :( I absolutely love Borders.
  10. theswimmerking reblogged this from wewerepatheticstars
  11. swallowthecold reblogged this from thedailywhat
  12. cucumbersdontfly reblogged this from octoeye and added:
    Borders went out of business. weird. octoeye:
  13. deirdreand reblogged this from thedailywhat and added:
    This makes me so sad.
  14. motorcitykitty reblogged this from tetanusorigins and added:
    but independent book stores are thriving. books ain’t goin nowhere, my friends.
  15. partyin221b reblogged this from starcruising
  16. im-justalittleunwell reblogged this from starcruising
  17. pairofbrolins reblogged this from dylansneck and added:
    no dammit what no no fucking no
  18. targaryenyang reblogged this from fomalhautb
  19. fomalhautb reblogged this from starcruising and added:
    #is it weird that I’m actually crying right now?
  20. stevedallasbynight reblogged this from thedailywhat and added:
    Balls. Not that I shopped there, but I hate to see a bookstore go under.
  21. 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...
  22. starcruising reblogged this from basukerotics
  23. peterpanseyebrows reblogged this from thedailywhat and added:
    $50 gift card for borders wtf man
  24. killerkhaleesi reblogged this from f-scottfitzhiddles
  25. f-scottfitzhiddles reblogged this from sammytheboyking
  26. kellyshambles reblogged this from thedailywhat
  27. srielbeenlt reblogged this from thedailywhat
  28. cheonbaghan reblogged this from thedailywhat and added:
    Oh How I Love That Movie :)
  29. 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
  30. 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!!
  31. shucee reblogged this from fifthangelramiel
  32. thaddeuslowe reblogged this from thedailywhat and added:
    What do you think they’re doing with their books then? How do you think they would feel if I just ran up and grabbed a...
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