Borders books going under.
Link My big question is how have they gone under before Barnes & Noble, which IMO is about 3 tiers beneath Borders?
It's no surprise to me as I found that Borders:
Consistently sold books in the $30-100 range too high. It's funny because their website would redirect you to Amazon, as they were partnered with them for online sales, and any book in the store that was $80 would be about $50 on Amazon. Why on Earth would anyone pay the in store prices and why would they team with an online source that undercut them on almost every book?
Their DVD selection was consistently overpriced. The only time I bought DVDs was when they had sales. They did have a good selection of them, a few years back before they stopped carrying them.
Their music/CD section was just about the worst I've ever seen. I've bought more CD's at Target and dollar stores. Whoever was in charge of stocking music for the company did a pitiful job. Their prices were astronomical, too.
As for their books, they had a decent stock about 6 years ago, but every year they seemed to stock less and less. I probably last bought a book I wanted inside their store 2 years ago. I would buy 4-8 a year prior to that, but quickly found that everything I was looking for was no longer stocked on the shelves.
Now, Barnes & Noble pretty much has all the same issues as Borders, but IMO, even to a greater extent. Their DVD prices are probably the highest I've ever seen inside a retail store. Their CD selection is even more pitiful than Borders ever was. They do seem to stock a lot more book titles than the recent stock at Borders, although not more than the Borders of 4 years ago.
I can't see how B&N will stay open much longer if Borders is not. There are probably 6 Borders locations within 30 miles of me, and probably only 2 Barnes and Nobles.