Firing its community relations coordinators, handing Amazon its web site, “category management”…Why 2001 was the beginning of the end for Borders
Browsing by topic: bankruptcy
Any hopes of Borders being miraculously saved from liquidation, were squandered as part of the debate on Border’s grim future was finally laid to rest.
By Philip Downer In this exclusive essay for Publishing Perspectives, Philip Downer, the former CEO of Borders UK, discusses whether Borders’ management really is to […]
Thousands of out-of-work booksellers, indebted publishers, smaller mid-list print-runs, fewer book reviews . . . the long-term repercussions of Borders’ bankruptcy are unpleasant to contemplate. […]
By Hannah Johnson The Borders Group filed for Chapter 11 bankruptcy on Wednesday and will receive $505 million in Debtor-in Possession (DIP) financing. According to […]