[78-L] Border's liquidation
Greg Laxton
greg.laxton at gmail.com
Sat Jan 1 20:05:29 PST 2011
Just picked up a book there today with my 50% off "today only" coupon.
The music section there got shut down a year or so ago...
Sent from my iPhone
On Jan 1, 2011, at 10:55 PM, Jeff Lichtman <jeff at swazoo.com> wrote:
>
>> Are there any Borders outlets still open? . . .
>>
>> dl
>
> It looks like the chain is in trouble. Their stock fell by 22% Friday
> after they postponed payments to publishers and warned the markets
> that they are running out of cash. They posted a loss of $74.4
> million for the quarter ending in October.
>
> There have been rumors for several months that Borders wants to buy
> Barnes and Noble, which is also in trouble. I don't see how that's
> possible under current conditions.
>
>
> - Jeff Lichtman
> jeff at swazoo.com
> Check out Swazoo Koolak's Web Jukebox at
> http://swazoo.com/
>
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