May 19 2008
Borders Books Problems Become Our Problems
Borders Books is having financial difficulty. This is not good news for writers and readers. Borders Books is known to purchase more Sci-Fi, Fantasy, and quirky books than Barnes and Noble. With Borders in danger, this can negatively impact many writers.
In addition, Barnes and Noble has only one nonfiction book buyer. Meaning they employ one person who purchases nonfiction books for all its stores. If Borders collapses, this means that nonfiction writers and publishers will depend on ONE. Yes, ONE person to say yeah or nay to their books being placed in a major bookstore.
Needless to say, Linda isn’t very happy about this development.
For now, Borders is up for sale. The company is rocky - recently high level executives were laid off.
As a reader, I’m concerned because I spend many days at Borders. Where would I go to people watch and read books for free? Oh, yeah…the library.
Wow that is really bad news. Whenever I visit the States I always visit Borders, I hate B&N.
Keep us posted.
Steve
I prefer Borders to B&N without question, but truth be told I rather resent them both for bowling over and running out of business all of the independent and much cooler booksellers that we used to have running shop around here. Nothing like a good old-fashioned hole-in-the-wall bookstore.
Or maybe the collapse of Borders would lead to a second resurgence of the cool, community-friendly independent bookstores that got driven out of business when Borders/B&N began proliferating.
The latest post on this blog has some thoughts on how Borders could innovate in the marketplace if they chose to do so:
http://howtowritebusinessplan.blogspot.com/
It looks like Borders plans on just rolling over and dying.
Joe,
I’m unable to post on your blog because I don’t have a blogger account. Please consider opening your blog to all users.
The following is what I tried to post on your blog.
Thank you for commenting on my blog. For some reason your post was marked as inappropriate, but now it’s fixed. Sorry about that.
Thanks for commenting and please come back again.
Aaron,
“The idea of them becoming independent publishers”
Borders has formed a relationship with LuLu. Though LuLu is a POD, I can see Borders making the transition to independent publishing.