Borders Books going under?

markem · 01-04-2011, 04:04 PM

This was just posted on the website for a local news station.

PORTLAND, Ore. -- If you received a gift card for Borders Books over the holidays, you may want to use it right now.

The company spokespersons still swear everything is fine. However, there are some big red flags that the book chain is moving closer to its final chapter.

Two top executives just resigned, and Borders is now delaying payment to its biggest vendors. Some publishing houses also have stopped shipping books to the company.

(http://portlandcitycenter.katu.com/c.../borders-brink)

01-04-2011, 04:04 PM	#1
markem Bunion Join Date: Oct 2008 First Name: Mark Location: Second Star on the Right Posts: 22,625 Trading: (47)	Borders Books going under? This was just posted on the website for a local news station. PORTLAND, Ore. -- If you received a gift card for Borders Books over the holidays, you may want to use it right now. The company spokespersons still swear everything is fine. However, there are some big red flags that the book chain is moving closer to its final chapter. Two top executives just resigned, and Borders is now delaying payment to its biggest vendors. Some publishing houses also have stopped shipping books to the company. (http://portlandcitycenter.katu.com/c.../borders-brink) __________________ I refuse to belong to any organization that would have me as a member. ~ Groucho Marx

Thread Tools
Show Printable Version Email this Page
Display Modes
Switch to Linear Mode Switch to Hybrid Mode Threaded Mode