Sqwertz > wrote:
> On 23 Jul 2011 03:39:55 GMT, sandi wrote:
>
>> Tara > wrote in
>> :
>>
>>> Borders bookstore has begun liquidation sales. It's a good
>>> time to buy a few new cookbooks.
>>>
>>> http://www.borders.com/online/store/Home
>>>
>>> Tara
>>
>> On TV tonight, the private company that is doing the sales for
>> Borders, was noted that their sales prices are still a bit high.
>> Books and CD's were compared to Barnes and Amazon. Amazon (at this
>> time) still cheaper than the Borders sale.
>
> This is why their going out of business. Online sales have prevailed
> in that business. Book markups are typically 100% except for
> textbooks (which are much more expensive to begin with, which makes up
> for the lower markup).
>
> The small 3-store chain of technical bookstores I worked at for 11
> years was ultimately bought by Barnes and Noble for what I remember as
> being $28 million but I'm not sure now. It's been a while. Their
> first order of business, close down those stores to b uild up the B&N
> brand. It's all about Brand Recognition. Heck our little chain was
> taking orders VIA the Internet even before Amazon.
>
> Most people don't know that Amazon was originally a bookstore that
> really had no actual physical inventory of it's own. It was "virtual"
> in more ways than one. Quite a concept at a time when "visionaries"
> were poo-pooing the ridiculous idea of successfully selling *anything*
> over the Internet. Let alone things you don't even own! And a "PC on
> every desk and every home"? Yeah - right! Good luck with THAT, Bill.
>
> -sw

There is still Barnes and Noble around but for how long, just like the
record stores... Gone. Blame apple for the music stores and Blame Amazon
for the Book stores going under

--
Enjoy Life... Nad R (Garden in zone 5a Michigan)