22 Jul Its Official! Borders Books Is Closing; 11,000 To Lose Jobs
This is a sad day for the book industry and for the economy. Borders books is being forced to liquidate as they could not find a buyer for the company. Starting tomorrow, ALL Borders in the United States will be having going out of business sales that will go through until August when all stores will be closing and close to 11,000 people losing their jobs.
Mike Edwards, CEO of Borders sent out a message to all Borders customers and consumers earlier tonight. Wow. Just wow. I am sure most of you will take advantage of the book sale before they close. I would and will.
Print media is a dying breed as nooks and other devices take over.
What do you guys think of Borders going out of business.-Dr.FB
Diagnosis: Knowledge Still Is Power