Tom Spurgeon's Web site of comics news, reviews, interviews and commentary











August 27, 2009


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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