January 13, 2011

Good thing we shop at Barnes and Noble!

Bookseller Borders is on death's doorstep right now. According to The Wall Street Journal:
Borders stock is tanking, as the book seller says it will shutter its distribution center in Tennessee and lay off workers, its latest move to revive its struggling business.

The news comes after reports surfaced last week that one of Borders' major suppliers is temporarily halting the shipment of books to the retailer. The Wall Street Journal cited publisher Rowman & Littlefield Publishing, whose CEO told the newspaper it has stopped shipping to Borders until it has more information on its payment plans.

And I read on robot6.comicbookresources.com that Diamond Distributors (Comic Books and related merch.) has stopped shipments to Borders because of suspended payments.

Good thing we shop at Barnes and Noble (ya know they have a Starbucks there too!).

1 comment:

  1. Holy Crap!!! I'd hate to see Border's go, even though I do just as much shopping at Barnes & Noble. Just sad.