Borders' Second Quarter Horror Show

The major chain bookseller Borders Group apparently saw accelerated sales decline and restructuring costs on top of that during a brutal 2Q 2009 that ended in a $45.6 million loss, notes comics business news and analysis site ICv2.com. Borders is not only a valuable business to comics by simple virtue of being a major bookselling chain, it has its own purchasing and shelving strategies that might benefit certain companies above the general loss of bookstores, if that makes any sense. Still, it's been a long time since this company has seen good news, and it's long been to the point where customers tell me they feel a difference because of these hard times in the stores themselves.
 
posted 8:30 am PST | Permalink
 

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