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View Full Version : Borders Liquidation


mekeez
07-18-11, 07:18 PM
News Alert
from The Wall Street Journal


Borders Group said it would liquidate after failing to receive any offers to save the bookstore chain.

Borders, which employs about 10,700 people, scrapped a bankruptcy-court auction scheduled for Tuesday amid the dearth of bids. The U.S.'s second-largest bookstore chain said it would ask a judge Thursday to approve a sale to liquidators led by Hilco Merchant Resources and Gordon Brothers Group.

Borders's liquidation of its remaining 399 stores could start as soon as Friday and the bookstore chain is expected to go out of business for good by the end of September, the company said.

http://online.wsj.com/article/SB10001424052702303661904576454353768550280.html?mod=djemalertNEWS

mekeez
07-18-11, 07:20 PM
News Alert
from The Wall Street Journal


Borders Group said it would liquidate after failing to receive any offers to save the bookstore chain.

Borders, which employs about 10,700 people, scrapped a bankruptcy-court auction scheduled for Tuesday amid the dearth of bids. The U.S.'s second-largest bookstore chain said it would ask a judge Thursday to approve a sale to liquidators led by Hilco Merchant Resources and Gordon Brothers Group.

Borders's liquidation of its remaining 399 stores could start as soon as Friday and the bookstore chain is expected to go out of business for good by the end of September, the company said.

http://online.wsj.com/article/SB10001424052702303661904576454353768550280.html?mod=djemalertNEWS

Vellsbells
07-18-11, 07:33 PM
Hate this. Not only do I have friends who work there, but I love my local store. Does anyone know yet about what happens to borders bucks? I have some that will not not active until next month, August.

MovieFanatic81
07-18-11, 07:33 PM
The one borders book store that was near be closed down some while go.

trespoochies
07-18-11, 08:00 PM
Always hate seeing anyone get laid off, but damn was this a lousy store. Only place I ever heard workers complain openly.

jwstl
07-18-11, 08:06 PM
Always hate seeing anyone get laid off, but damn was this a lousy store. Only place I ever heard workers complain openly.

I'll miss them as I have fond memories of having out in a Borders near my apartment when I first moved to a city in which I knew no one. But, you can't build a successful business when your only reasonably priced items are the Bargain books and items discounted via the coupons.

big whoppa
07-18-11, 08:46 PM
Sad to see another large franchise go the way of the dodo bird. I always like how large the Borders stores are. You could spend an entire day there.

izatright
07-18-11, 09:21 PM
I didn't like Borders. Besides the cheap online anime pre-orders, it pretty much sucked. However, they were one of the few stores that made books widely available and, once they pass, it's going to be that much harder to get a good selection of B&M books. So that part sucks.

whotony
07-18-11, 10:13 PM
I'll miss it too.
Would spend a good few hours in there. Plus with the coupons it was easy enough to find some good deals.

Sweet Baby James
07-18-11, 10:13 PM
You could spend an entire day there.

That was one of their problems. The place became a hobo hotel.

DVD Polizei
07-18-11, 10:30 PM
Borders had a really pleasant atmosphere to hang out and read books--which were bought thereafter and not just left to be shelved.

asianxcore
07-18-11, 10:32 PM
That was one of their problems. The place became a hobo hotel.

^
This

Even further, you had lots of people just treating their local stores like their own library. Treating the store like their own home, but maybe a little worse. The company encouraged it too. When I was an Operations Manager at my local Borders last year, I pushed for a little less seating at our local store. More so because it encouraged lounging not buying. It also made things harder for employees to keep things clean and looking nice. A Barnes and Noble across the Richmond Bridge had very limited seating in their store (most of the seating being in the Cafe) and that kept a lot of people from camping out in sections of their store.

Then again this applies to a lot of book stores. I went to a local bookstore when I was in Santa Cruz, CA a couple days ago. There were people just lying on their stomachs in the middle of aisles reading to their hearts content. I know this is part of the allure of many bookstores, but it certainly didn't encourage me as a shopper to be stepping over people to see if I could find a book.

Alan Smithee
07-18-11, 10:42 PM
Best deterrant to reading in a store I ever saw was at a convenience store near where I used to work- by the magazine rack, there was a hand-written sign saying "This is not library so do not read magazeen here."

lordzeppelin
07-18-11, 11:32 PM
I'm sad about this whole thing. I worked at Borders (even though I had to actually quit to attend my college graduation because my manager was an ass), and loved it. I'm going to miss this store - cause B&N blows.

SethDLH
07-18-11, 11:51 PM
Its a bummer for sure. I found some great stuff from their bargain book shelves. Never happy to see a store go under, especially one that employs so many people.

quid squid
07-19-11, 12:39 AM
About 6 years ago I worked at Borders for a month...then went back to Barnes & Noble.

kenbenobi
07-19-11, 01:08 AM
Damn, I had a preorder for an item coming out July 26. Guess that won't be happening, unless maybe their warehouse already received it...

davidh777
07-19-11, 01:32 AM
You started this topic in three different forums, mekeez? :hscratch:

whotony
07-19-11, 01:46 AM
You started this topic in three different forums, mekeez? :hscratch:

He's just spreadin' the word.

Alan Smithee
07-19-11, 02:21 AM
I've never bought a Blu-Ray at Borders- it's the only place I've ever seen them marked at full price though ($39.99 for some titles.) Was in one of their stores a few weeks ago and saw a bunch of CDs priced at $18.99 too.

Double_Oh_7
07-19-11, 04:24 AM
It was a good store to kill some time and browse around. But to buy something? Never... the prices were terrible. Even with a 50% off coupon, you could still find it cheaper on Amazon.

dino88
07-19-11, 04:54 AM
We need a few more of these threads. Someone start one in the movie and video game forums, stat!

RaMMaR
07-19-11, 05:31 AM
i'm in the same boat as kenbenobi, one backorder and one preorder (both used borders bucks). i guess i can kiss those good-bye....

seether254
07-19-11, 05:59 AM
sooooo.......... is this just a love/hate borders thread? wheres the deal here?

Alan Smithee
07-19-11, 07:03 AM
We need a few more of these threads. Someone start one in the movie and video game forums, stat!

They didn't screen movies, nor did they sell video games. If they did, they'd be in there.

Gizmo
07-19-11, 10:05 AM
Borders did sell games for some times. Mostly random $20 crap titles.

Ropes Pierre
07-19-11, 11:03 AM
I am going to take a book a day into the poo chalet, for a last hurrah farewell dump / read, to remind myself why i don't buy in B&M stores anymore.

(Some filthy savage has probably already done it, and thinks "B&M" stands for bowel movement)

Blu-ray-collect
07-19-11, 12:09 PM
Best deterrant to reading in a store I ever saw was at a convenience store near where I used to work- by the magazine rack, there was a hand-written sign saying "This is not library so do not read magazeen here."

Case in point:

<i>"I just constantly enjoy sitting down and reading, especially in bookstores because it's quiet and the whole aura of it is just really relaxing," said Katherine Carrasco of Rancho Cucamonga, who prefers paper-and-ink books to the
electronic variety.</i>
That's from "The Sun (http://www.sbsun.com/rss/ci_18503566?source=rss)" (San Bernadino paper). I wonder how much of what she read she actually purchased.

Perhaps B&N (to avoid the same fate as Borders) should put books and magazines in those plastic containers (a la blu-ray cases at Target) to prevent patrons from reading them. Instead, direct them to kiosks to read snippets and excerpts from the book.

Maxflier
07-19-11, 12:15 PM
Going to miss Borders, I could always get a book there for cheaper than I could at B&N.

al_bundy
07-19-11, 12:27 PM
my local B&N has a kids section with tables where they encourage people to bring their kids and read in the store

Pizza
07-19-11, 12:44 PM
Case in point:

<i>"I just constantly enjoy sitting down and reading, especially in bookstores because it's quiet and the whole aura of it is just really relaxing," said Katherine Carrasco of Rancho Cucamonga, who prefers paper-and-ink books to the
electronic variety.</i>
That's from "The Sun (http://www.sbsun.com/rss/ci_18503566?source=rss)" (San Bernadino paper). I wonder how much of what she read she actually purchased.

Perhaps B&N (to avoid the same fate as Borders) should put books and magazines in those plastic containers (a la blu-ray cases at Target) to prevent patrons from reading them. Instead, direct them to kiosks to read snippets and excerpts from the book.
Then why go to a book store if you can't touch the books? Certainly there are folks that abuse the sytem and buy a coffee and sit down with a pile of magazines and books but when I'm shopping for a book on a topic, I'd like to leaf through it first. Seeing a couple of sample pages don't cut it.

DirkBelig
07-19-11, 12:52 PM
But, you can't build a successful business when your only reasonably priced items are the Bargain books and items discounted via the coupons.Exactly. Those were the only things I bought. Otherwise it was a browsing room to determine whether I wanted to buy it from Amazon or not.It was a good store to kill some time and browse around. But to buy something? Never... the prices were terrible. Even with a 50% off coupon, you could still find it cheaper on Amazon.For Blu-rays, mostly; but pricey books benefited from the half-off. My g/f was able to buy the Making of the Empire Strikes Back book because it was half-off $85 at Borders ($45.05 w/tax) vs. $53.25 at Amazon.

The one near my g/f closed a few months back* and we used to stop in there to browse magazines after dinner or while waiting for photos to print at the CVS across the street. We miss it, but it wasn't like we were spending much money there.


* I was mayor of it on Foursquare and a couple months later, I get notified that some woman had ousted me. Who the hell is so empty that they repeatedly checked into a closed business until they were mayor. I flagged the place as closed. If I can't be mayor, the hell is she!

asianxcore
07-19-11, 02:04 PM
Case in point:

<i>"I just constantly enjoy sitting down and reading, especially in bookstores because it's quiet and the whole aura of it is just really relaxing," said Katherine Carrasco of Rancho Cucamonga, who prefers paper-and-ink books to the
electronic variety.</i>
That's from "The Sun (http://www.sbsun.com/rss/ci_18503566?source=rss)" (San Bernadino paper). I wonder how much of what she read she actually purchased.

Perhaps B&N (to avoid the same fate as Borders) should put books and magazines in those plastic containers (a la blu-ray cases at Target) to prevent patrons from reading them. Instead, direct them to kiosks to read snippets and excerpts from the book.

I do agree with Pizza, you don't want to make things crazy, just deter camping. Usually having (too many) comfortable places to sit with lots of space around you to pile books around is the problem. Although some people have no shame, you get less people who want to be seen as the man/woman who is sitting in the middle of an aisle (no chair/table) with a stack of books next to them. You'd get a let less camping with those sort of customers having to stand and read their books (or no place to put them)

A Borders I went to in Santa Cruz, had their entire Graphic Novels/Manga section sealed in plastic sleeves. They must have had a lot of browsing in that section, so they went ahead and took care of it.

my local B&N has a kids section with tables where they encourage people to bring their kids and read in the store

I'm actually alright with that because I've seen that section and it's very inviting to parents/kids alike. Adults rolling solo should know better :)

My issue (both when I worked as a Manager and now that I'm no longer in Retail) is with the customers (if you can call them that) who's sole purpose is to throw $2 for a cup of coffee at the store and then treat the store like their home. Plopping down in a chair somewhere (sometimes physically moving them to parts of the store they aren't meant for), grabbing 20+ books and camping out. Not even putting the books back where they belong because it's someone's job to do it anyway.

Comparing terrible Daily Sales Goals/Numbers with the amount of people in a said store, you start to realize you have a lot more camping than you do actual buying.

As I said before, I'm happy to see everyone cheering the downfall of yet another company/B&M. We'll see how competitive E-Tailers are when they are the only ones left.

mekeez
07-19-11, 02:17 PM
BTW I posted this so those who, like me, had something to return, or borders bucks, etc. could get in there and get squared away. Noticed a new 30% off coupon through Thursday as well.

http://www.bordersmedia.com/coup/20110719sa30.html?cmpid=SL_20110719

mekeez
07-19-11, 02:28 PM
You started this topic in three different forums, mekeez? :hscratch:

He's just spreadin' the word.

I posted this so those who, like me, had something to return ($60), or borders bucks, etc. could get in there and get squared away. Some Borders stores are less accommodating and I thought it was entirely possible that things would shut down way too quickly so some people would be left high and dry. I did get my cash back, although it was obvious that they didnít know about the decision yet. :P

Noticed a new 30% off coupon through Thursday as well.

http://www.bordersmedia.com/coup/201...id=SL_20110719

clckworang
07-19-11, 03:51 PM
I posted this in one of the other Borders threads, but it might be more appropriate to mention it here. I work at a news outlet and the AP just sent out a correction to their story.

NEW YORK (AP) - In a story on July 19, The Associated Press, relying on a company statement, reported erroneously that Borders was expected to ask a federal bankruptcy court to allow it to be sold to liquidators. Borders plans to ask the court to appoint liquidation firms to conduct going-out-of business sales. They will not buy any assets of Borders.

conebone69
07-19-11, 04:30 PM
As I said before, I'm happy to see everyone cheering the downfall of yet another company/B&M. We'll see how competitive E-Tailers are when they are the only ones left.

Those cheering will be the first ones in line to bitch and moan when things don't go their way.

Guaranteed.

I posted this so those who, like me, had something to return ($60), or borders bucks, etc. could get in there and get squared away. Some Borders stores are less accommodating and I thought it was entirely possible that things would shut down way too quickly so some people would be left high and dry. I did get my cash back, although it was obvious that they didnít know about the decision yet. :P

It's entirely possible that Borders will allow coupons and/or gift cards to still be used. I was able to use a gift card during a store closing but liquidation might be different.

I just wouldn't throw a fit if they refuse. Though, I'm sure someone will..

mekeez
07-19-11, 05:26 PM
When I check store inventory for an item online, it turns out that I don't have a store within a 100 miles of me, although we have two here. It's started...

mekeez
07-19-11, 05:40 PM
Those cheering will be the first ones in line to bitch and moan when things don't go their way.

Guaranteed.



It's entirely possible that Borders will allow coupons and/or gift cards to still be used. I was able to use a gift card during a store closing but liquidation might be different.

I just wouldn't throw a fit if they refuse. Though, I'm sure someone will..

Just tried to check local inventory on a few items, both book and dvd. Apparently, I have no Borders within a 100 miles today, while yesterday I had two. I didn't try any coupons and have no gift cards.

sleepyhead55
07-19-11, 06:59 PM
When I check store inventory for an item online, it turns out that I don't have a store within a 100 miles of me, although we have two here. It's started...

Yeah, that online thing is screwed up. Anyway, I just used up my borders bucks today in the store. I believe I also saw a woman in line returning a book as well. So if you need to do any of those things do it now as Borders is still allowing GC/Borders Bucks and return of items.

joe_b
07-19-11, 08:13 PM
Damn, I had a preorder for an item coming out July 26. Guess that won't be happening, unless maybe their warehouse already received it...Yeah, I have about 6 items on backorder that I doubt I'll ever receive. I'd ordered Tremors: The Series with the 50% off code back in May... now I realize why they haven't gotten any new stock after all this time. Already received cancellation notices for a couple items that had been backordered for weeks, despite still being in print.

Also pre-ordered a blu-ray due in September (Mother's Day) -- guess I'll be shopping for it elsewhere now.

davidh777
07-20-11, 12:43 AM
I posted this so those who, like me, had something to return ($60), or borders bucks, etc. could get in there and get squared away. Some Borders stores are less accommodating and I thought it was entirely possible that things would shut down way too quickly so some people would be left high and dry. I did get my cash back, although it was obvious that they didnít know about the decision yet. :P

Noticed a new 30% off coupon through Thursday as well.

http://www.bordersmedia.com/coup/201...id=SL_20110719

Whatever. Makes a really fractured conversation with 24 posts in one forum, 35 in another, then this thread. I'm interested in the topic but don't want to chase all those down.

redtornado
07-20-11, 06:42 AM
Sad to see them go, but it was pretty inevitable once they started closing stores last year.

mekeez
07-20-11, 11:04 AM
Whatever. Makes a really fractured conversation with 24 posts in one forum, 35 in another, then this thread. I'm interested in the topic but don't want to chase all those down.

Right, some of us only read one forum and there is definitely a time sensitive problem here with returns, borders bucks, and now with the borders.com either showing no local stores and/or "technical difficulties" in ordering; plus borders stores can often be pissy with customer service. As soon as I got the alert from the WSJ, I returned a $60 item I had been thinking of doing; luckily a cash purchase. Stores can close awfully fast. Otherwise, one thread would be nice, but where? The logical store forum has had 300+ views, while the 2 others are each over 1000+. If I hadn't known, I would have missed it everywhere but blu-ray. I thought it was more important to alert people than to worry where it went.

rfduncan
07-20-11, 11:34 AM
sooooo.......... is this just a love/hate borders thread? wheres the deal here?
Well in THEORY the "liquidation" should mean dropping prices, but knowing Borders, anything that could be considered a genuine "deal" is miles off (September post-Labor Day). When they finally do start to mark stuff down that low, they'll only have crap left.

clckworang
07-20-11, 01:22 PM
I did a store search for my area. The only Borders that I know in the area didn't show up, but a couple of their other properties did. By that, I'm referring to a couple of Waldenbooks stores down here. I had totally forgotten that Waldenbooks fell under that same Borders umbrella. I guess those stores will be closing, too. That leaves hardly any real book stores in my city.

Lt. Brannigan
07-20-11, 11:57 PM
The Waldenbooks in the Pine Ridge Mall in Chubbuck, Idaho will be gone by the end of September. Which would bother me, but the employees were all unfriendly in there and acted as if people buying things annoyed them. At any rate that leaves exactly 0 bookstores in my area if we are not including used bookstores.

truelies
07-21-11, 07:47 AM
I will miss borders. How can the government watching more than 10000 people get fired in current situation?

DirkUSA
07-21-11, 08:21 AM
I will miss borders. How can the government watching more than 10000 people get fired in current situation?

Do you want the government to use money that they don't have to save Borders?

John Galt
07-21-11, 09:01 AM
^^Apparently the B&M Bookstore lobby isn't powerful enough.

truelies
07-21-11, 09:54 AM
Do you want the government to use money that they don't have to save Borders?

But why did they spend billions of dollars for auto industry and bank? It's not fair.

BambooLounge
07-21-11, 10:41 AM
^that got me to laugh out loud at work...good job!

clckworang
07-21-11, 11:20 AM
Well in THEORY the "liquidation" should mean dropping prices, but knowing Borders, anything that could be considered a genuine "deal" is miles off (September post-Labor Day). When they finally do start to mark stuff down that low, they'll only have crap left.

That's always the way. I don't think I have ever ended up buying anything at any liquidation sale. The vultures pick things off when they are still more expensive than you could get it somewhere else, thinking they are getting some deal because there's a sign that says "going out of business" out front. Then when it gets low enough, there isn't a thing left I would want.

I must admit a great deal of jealousy to those people around here who have had success at these liquidation sales. :D

clckworang
07-21-11, 11:53 AM
The Waldenbooks in the Pine Ridge Mall in Chubbuck, Idaho will be gone by the end of September. Which would bother me, but the employees were all unfriendly in there and acted as if people buying things annoyed them. At any rate that leaves exactly 0 bookstores in my area if we are not including used bookstores.

That sounds like the cities that will be losing Waldenbooks down here. Brownsville will be down to one book store, and my city will be down to two. One of those is strictly a used book store and the other is a Bible book store. Actually kinda sad to think about.

Pointyskull
07-21-11, 12:07 PM
I will miss Borders quite a bit, and though I haven't bought as much in recent years as I once did (I'm looking at you, Amazon Prime and/or the library) it's a shame to see them go.

Never was a B&N fan (for no particular reason), but I liked the vibe in each and every Borders I've been in. I guess I took Borders existence for granted, thinking it would just always be there. It's a shame, but I'm aware I've hardly been a regular purchaser there in some time (again, Amazon Prime and/or the library).

Despite B&N, the loss of a huge, comfortable, well-stocked neighborhood bookstore is just wrong, somehow...

Eric F
07-21-11, 01:14 PM
Oh well, there goes my $20 in Borders Bucks.:(

DirkUSA
07-21-11, 01:18 PM
But why did they spend billions of dollars for auto industry and bank? It's not fair.

Politicians need cars and money, not books! :D

clckworang
07-21-11, 01:19 PM
Oh well, there goes my $20 in Borders Bucks.:(

You should be fine if you use them quick.

cdollaz
07-21-11, 01:37 PM
I will miss borders. How can the government watching more than 10000 people get fired in current situation?

Please tell me that you do not vote.

Eric F
07-21-11, 03:31 PM
You should be fine if you use them quick.They're not in my account yet. I only have $5 coming Aug, then the balance is to be spaced out over the next few months.:(

Overpar
07-21-11, 04:33 PM
Please tell me that you do not vote.
:lol:

mekeez
07-21-11, 10:26 PM
From a Borders Rewards email:

Going out a business sales begin in stores Friday, July 22. I encourage you to take advantage of this one-time opportunity for find exceptional discounts on your favorite books and other great merchandise. Gift cards will be honored during the liquidation sales, and Borders Rewards Plus members will continue to enjoy their Borders Rewards Plus Discounts through August 5. Further, all Borders Bucks will be honored until they expire on July 31.

My local manager told me that they have to empty the distribution centers as well, so new stock will probably be coming in. The liquidators will determine the changing discount levels and some product categories that aren't moving will probably change faster than others.

mekeez
07-21-11, 10:31 PM
From a Borders Rewards email:

Going out a business sales begin in stores Friday, July 22. I encourage you to take advantage of this one-time opportunity for find exceptional discounts on your favorite books and other great merchandise. Gift cards will be honored during the liquidation sales, and Borders Rewards Plus members will continue to enjoy their Borders Rewards Plus Discounts through August 5. Further, all Borders Bucks will be honored until they expire on July 31.

My local manager told me that they have to empty the distribution centers as well, so new stock will probably be coming in. The liquidators will determine the changing discount levels and some product categories that aren't moving will probably change faster than others.

illennium
07-21-11, 10:31 PM
So August Borders Bucks won't be honored?

mekeez
07-21-11, 10:33 PM
So August Borders Bucks won't be honored?

Looks that way from the email. :P

Eric F
07-22-11, 01:53 AM
No Aug Borders Bucks and I bet I won't get my Stargate Atlantis box set which was supposed to ship next week. Doesn't surprise me.

Autotelik
07-22-11, 02:48 AM
I'm another one who prefers Borders over B&N. Definitely notice more people in the Borders stores here in SF than in B&N... it just seems more alive, with customers from all ages sitting around reading and shopping. Too bad there won't be any Borders.

Paul1957
07-22-11, 05:14 AM
They aren't messing around ("Up To"):

<a href="http://s395.photobucket.com/albums/pp36/Chris-01/?action=view&amp;current=borders.jpg" target="_blank"><img src="http://i395.photobucket.com/albums/pp36/Chris-01/borders.jpg" border="0" alt="Photobucket"></a>

jra166
07-22-11, 05:46 AM
In 'You've Got Mail', the oversized B&M Bookstore forced the 'Shop around the Corner' to close. I smell a sequel!!! 'You've Got Mail, Books, Movies, and More!'. The story of how online retailers, put the big bad bookstore out of business... Turns out the small bookstore owner invested in a small start up called 'The Jungle' (amazon, duh) and now the Jungle is putting the big store out of business. Tag line: "Payback is a B*tch!"

What do you think Hollywood?

Schloob1
07-22-11, 08:25 AM
They aren't messing around ("Up To"):

<a href="http://s395.photobucket.com/albums/pp36/Chris-01/?action=view&amp;current=borders.jpg" target="_blank"><img src="http://i395.photobucket.com/albums/pp36/Chris-01/borders.jpg" border="0" alt="Photobucket"></a>

That's like all liquidation sales I have seen. Of course what we are interested in, Blu's will take forever to get at that 40% off which when as you say it says original price means it will still be a terrible price.

I'll check mine out on the way to work this morning, but don't expect anything worthwhile.

Alan Smithee
07-22-11, 08:44 AM
Probably only magazines will be 40% off at first- it'll take several weeks for the good stuff to drop to levels worth checking out.

There was a lot of controversy in Davis (CA) when a Borders opened there- all the independent bookstores protested that it would put them out of business, and some of them closed right when Borders opened. Wonder if one of them will move into the Borders space when they're gone?

Blu-ray-collect
07-22-11, 10:15 AM
Question is: Is the discount off the list-price, or currently marked prices? When "Ultimate Electronics" was going through its liquidation, discounts were taken off the marked prices, which was really nice. I don't think we'll be that lucky with Borders' sale, though.

SethDLH
07-22-11, 10:20 AM
Question is: Is the discount off the list-price, or currently marked prices? When "Ultimate Electronics" was going through its liquidation, discounts were taken off the marked prices, which was really nice. I don't think we'll be that lucky with Borders' sale, though.

Ad says up to 40% off orig. price... so list. Which sucks.

Schloob1
07-22-11, 10:23 AM
Question is: Is the discount off the list-price, or currently marked prices? When "Ultimate Electronics" was going through its liquidation, discounts were taken off the marked prices, which was really nice. I don't think we'll be that lucky with Borders' sale, though.

Even if it's marked prices though that will still not be good though for Blu's since they were almost always higher than the other stores. I would say until they get to what 25% or more would it even get to be a deal compared to say Target/Best Buy normal prices? And like most liquidation I'm going to guess the Blu's will be at 10% starting.

EDIT: Stopped by on way to work and they are 40% off ORIGINAL prices right now. If I recall right the original prices listed appeared to be the MSRP, so for example even the LOTR extended was still $72 so not cheaper than any deal we already have gotten for it. While I'm guessing most will be gone before it reaches the price point it means I probably would not bother with anything until say 65% off at the least.

whotony
07-22-11, 03:24 PM
DVDs 20%
blu 40%

Of course people are buying butt loads of DVDs.

PopcornBandit
07-22-11, 03:30 PM
Anyone know what percent off books are?

ravenloft
07-22-11, 03:32 PM
Even if it's marked prices though that will still not be good though for Blu's since they were almost always higher than the other stores. I would say until they get to what 25% or more would it even get to be a deal compared to say Target/Best Buy normal prices? And like most liquidation I'm going to guess the Blu's will be at 10% starting.

EDIT: Stopped by on way to work and they are 40% off ORIGINAL prices right now. If I recall right the original prices listed appeared to be the MSRP, so for example even the LOTR extended was still $72 so not cheaper than any deal we already have gotten for it. While I'm guessing most will be gone before it reaches the price point it means I probably would not bother with anything until say 65% off at the least.
What price point do you mean? As the store winds down to the closing date (30th July, I'd suppose), will prices for everything still go down even further? Like you said, at it's current rate, there are no real deals to be had at all.

Anyone know what percent off books are?
10-20% off. Mostly just 10% off on the good stuff.

clckworang
07-22-11, 03:51 PM
What price point do you mean? As the store winds down to the closing date (30th July, I'd suppose), will prices for everything still go down even further? Like you said, at it's current rate, there are no real deals to be had at all.


10-20% off. Mostly just 10% off on the good stuff.

Yes, prices will continue going down until everything - or as much as possible - is sold off. That's how liquidation sales are run.

Double_Oh_7
07-22-11, 03:58 PM
Yes, prices will continue going down until everything - or as much as possible - is sold off. That's how liquidation sales are run.

Why don't they have the biggest discounts from the beginning and just get it over with quickly?

illennium
07-22-11, 04:03 PM
Why don't they have the biggest discounts from the beginning and just get it over with quickly?

Is that a serious question?

movielib
07-22-11, 04:19 PM
I was surprised and pleased that the blus were 40% off while DVDs were only 20% off.

I was able to use my last $5.00 of Borders Bucks.

Bye bye Borders. Thanks for the nine months of Borders Plus. Sorry it's over but I did very well.

rmw650
07-22-11, 04:22 PM
Probably by mid to late August the percentages will increase to 50-70% but at the same time, everything good might be picked through.

Schloob1
07-22-11, 04:35 PM
I was surprised and pleased that the blus were 40% off while DVDs were only 20% off.

I was able to use my last $5.00 of Borders Bucks.

Bye bye Borders. Thanks for the nine months of Borders Plus. Sorry it's over but I did very well.

So what did you end up getting? At least at my store, even with $5 of Border Bucks I really do not see a deal to be had at least in the Blu section.

Schloob1
07-22-11, 04:39 PM
What price point do you mean? As the store winds down to the closing date (30th July, I'd suppose), will prices for everything still go down even further? Like you said, at it's current rate, there are no real deals to be had at all.


Sorry, a little vague when I said "price point" I suppose. But obviously I mean when these prices would even be considered worth getting by most of us here. By that time anything I want will probably be gone due to those that just don't realize how cheap these movies have been or will be especially by Black Friday for example.

Schloob1
07-22-11, 04:42 PM
Probably by mid to late August the percentages will increase to 50-70% but at the same time, everything good might be picked through.

Yep, most liquidations seem to drag their feet on reducing the discount even if it seems a certain type of item is not moving that well. It would not suprise me though if plenty of the Blu stock goes at 40% despite as we at least know here it is not worth it on say 98% of the titles.

clckworang
07-22-11, 04:45 PM
Sorry, a little vague when I said "price point" I suppose. But obviously I mean when these prices would even be considered worth getting by most of us here. By that time anything I want will probably be gone due to those that just don't realize how cheap these movies have been or will be especially by Black Friday for example.

I like how you apologize for being vague and then say it was obvious what you meant. :lol: Sorry, that's the editor in me coming out.

Blu-ray-collect
07-22-11, 05:09 PM
I guess Borders' untimely demise is a bummer for those who were able to pre-order the "Star Wars" blu-ray using 50% off coupons a few months ago (or was that Barnes and Noble?).

Unless those orders will be fulfilled? The 40% liquidation does not apply to borders.com. So, the stores are closing, but the website will continue?

big whoppa
07-22-11, 06:36 PM
Ah, Waldenbooks. I haven't been to one of those in ages. I remember hiding a porn mag in a regular mag to buy it and being extremely nervous about it at the register. Yes, that was technically stealing. The memories...

movielib
07-22-11, 11:40 PM
So what did you end up getting? At least at my store, even with $5 of Border Bucks I really do not see a deal to be had at least in the Blu section.
I wasn't thinking of getting it but I ran across the original True Grit. Got it for about $9.00 including tax. Not an unbelievably great deal but I did want to use the Bucks.

I watched it tonight. As I knew, it wasn't as good as the Coen Brothers' remake but it was better than I remembered it. I still didn't care very much for John Wayne or Glen Campbell but Kim Darby was very good, again better than I remembered.

Josh-da-man
07-23-11, 12:47 AM
My Borders was so poorly stocked in recent years that I could seldom find anything I wanted to buy with those 40% off coupons they mailed me every week.

Doubt it will be much better now.

Giles
07-23-11, 02:37 AM
I must admit the recent trip to Borders in Silver Spring Maryland was just pathetic their bluray selection was so minimal

Drake
07-23-11, 08:21 AM
DVDs 20%
blu 40%

Of course people are buying butt loads of DVDs.

I would think twice before buying DVDs, as an example last night I looked through the DVD section and they had Wait Until Dark for $19.99 !
It's $6.49 new on Amazon......no matter how much the % off per DVD/Blu grows it will never beat online prices.

Schloob1
07-23-11, 09:17 AM
I would think twice before buying DVDs, as an example last night I looked through the DVD section and they had Wait Until Dark for $19.99 !
It's $6.49 new on Amazon......no matter how much the % off per DVD/Blu grows it will never beat online prices.

For DVD's probably not, but IF it gets to 70-75% on Blu's that is where the deals will begun to be had. And recalling other liquidations the discounts could get to there although my fear if they are keeping the online portion I could see Blu's just get pulled perhaps before that price point happens. Who knows?

Because other than Black Friday time usually the biggest discounts I have seen on Blu's are around a 75% off range for discounts out of the ordinary.

efordvt
07-24-11, 10:44 AM
I'm gonna have to wait until it's more than 40%. I only ever shop there with a 40% coupon anyway. 40% off porn mags is tempting though.

Matt925
07-24-11, 11:19 AM
When the closest store by me went through liquidation I stopped by out of curiousity. Every item was cheaper on amazon. That's why they are going out of business. Good riddance.

lordzeppelin
07-24-11, 11:14 PM
I think some of you are being a bit melodramatic. The prices are what they always were - MSRP. Now, that said, if you're looking for everything to be a deal, you'll be disappointed. However, if you're looking for a couple of things here and there, you'll find a couple of decent deals. I picked up the Se7en Blu book for $10 on Friday night. It's the cheapest I've seen that particular title. The LOTR extended box worked out to $65, but I passed, as I'm figuring ~$40 on Black Friday.

Also picked up a couple of the Hanayama metal puzzles, which are damn fine brain teasers, if I may say.

Schloob1
07-24-11, 11:40 PM
I think some of you are being a bit melodramatic. The prices are what they always were - MSRP. Now, that said, if you're looking for everything to be a deal, you'll be disappointed. However, if you're looking for a couple of things here and there, you'll find a couple of decent deals. I picked up the Se7en Blu book for $10 on Friday night. It's the cheapest I've seen that particular title. The LOTR extended box worked out to $65, but I passed, as I'm figuring ~$40 on Black Friday.

Also picked up a couple of the Hanayama metal puzzles, which are damn fine brain teasers, if I may say.

Was that the digibook of Se7en at that price as a see a price of $19 and $35 fro that film. How do you figure on the LOTR price since the list on that is $120? If you are counting Border bucks and/or some other coupon then that is really not just the liquidation prices we are discussing then.

I'll admit that if I can find any titles like that at the $10 price point I would be all over it.

Eric F
07-25-11, 02:21 AM
According to a few articles I've read, Borders.com is going to stay in business, at least for the short-term. What this means for pre-orders is hard to say. It will be interesting to see if I receive my Stargate Atlantis box set from them.

DVD Polizei
07-25-11, 02:52 AM
It's pretty sad when a business "goes out of business" and they STILL can't beat typical prices from their competitors.

izatright
07-25-11, 03:14 AM
Went to a local one in Oregon. DVDs and Blu-rays were 10% off of the original price. (Same with most of the good book genres). People were STILL picking things up like crazy. Definitely won't be any good deals at the end of this sale for me, what with everyone feeling satisfied with insultingly small discounts. What a waste of time!

Went to Ross and picked up a discounted new Casablanca blu-ray for $6.99 and felt better.

Boba Fett
07-25-11, 03:50 AM
Went to a local one in Oregon. DVDs and Blu-rays were 10% off of the original price. (Same with most of the good book genres). People were STILL picking things up like crazy. Definitely won't be any good deals at the end of this sale for me, what with everyone feeling satisfied with insultingly small discounts. What a waste of time!

Went to Ross and picked up a discounted new Casablanca blu-ray for $6.99 and felt better.

Liquidation sales seem to bring out morons who don't understand the overinflated value of the stock in the first place; either that or it's the small subsection of the public who have always bought at Borders for retail.

Double_Oh_7
07-25-11, 08:22 AM
I'm amazed at the long lines! Don't these people know they are paying more than they would have just a few weeks ago with a coupon?

DirkBelig
07-25-11, 11:09 AM
It's weird how people rush to shop at HIGHER prices than they would've paid when the businesses were still going. When Circuit City went under, I saw posts about people fighting over things like a $2500 for 10% off that was on sale for $1800 two weeks earlier. If people had bought when they could've saved REAL money, then going-out-of-business sales wouldn't have been necessary. Irony!

Ghostbuster
07-25-11, 06:58 PM
When the closest store by me went through liquidation I stopped by out of curiousity. Every item was cheaper on amazon. That's why they are going out of business. Good riddance.

Like Barnes and Noble, Borders sold most merchandise at suggested retail price. Unlike Barnes and Noble, Borders had a FREE Rewards program. The last year or two Borders offered a 25-33% off coupon just about every week. (Amazon discounts are in this range.) Once in a while, Borders sent out 40% off coupons. There were one or two 50% coupons.

I used to shop for books at both Borders and Amazon, but now I will shop exclusively at Amazon.

I'm amazed at the long lines! Don't these people know they are paying more than they would have just a few weeks ago with a coupon?

I wondered the same thing a few months ago when the local Borders closed.

asianxcore
07-25-11, 07:51 PM
Like Barnes and Noble, Borders sold most merchandise at suggested retail price. Unlike Barnes and Noble, Borders had a FREE Rewards program.

^
This

Borders isn't the only chain that sells at MSRP, but (at least on these boards) seem to get a lot of negative attention. Just because a chain bookstore like Barnes & Noble is selling a Criterion Blu-Ray for 50% off (now) doesn't mean it isn't $39.99 for non-members the rest of the year.

I agree with a lot of you posting at the long lines at these closing sales. When my girlfriend and I went to my local store closing, the lines were ridiculous. If those folks actually used the constant 30-40% off coupons Borders had for books, maybe that store would be still open.

The lines were crazy when things went to 30% during that sale and I asked myself, "Wait, isn't 30% like the normal Borders Rewards Coupon?".

Oh well. As I've always said when these issues pop up, we'll see how competitive E-Tailers are when they've run out their competition.

jwstl
07-25-11, 08:30 PM
^
This

Borders isn't the only chain that sells at MSRP, but (at least on these boards) seem to get a lot of negative attention. Just because a chain bookstore like Barnes & Noble is selling a Criterion Blu-Ray for 50% off (now) doesn't mean it isn't $39.99 for non-members the rest of the year.


It isn't 39.99 the rest of the year. All items 39.99 and up are discounted 10% in-store all year for non-members. Members save an additional 10% in stores. The Criterion sales are twice a year. B&N has a B2G1 free sale once (maybe twice) every year. B&N has coupons all year. Some of those coupons this year were 50% off, and unlike Borders, the coupons are taken off the selling price, not list price. If you paid full price for a Criterion then you are an idiot.
Hey, I liked Borders, I was a Rewards Plus member and spent a lot there, but they weren't as good as B&N and the results showed. They did try to improve towards the end with some better pricing, price matching, Rewards Plus etc. but it was too late.

asianxcore
07-25-11, 08:56 PM
It isn't 39.99 the rest of the year. All items 39.99 and up are discounted 10% in-store all year for non-members. Members save an additional 10% in stores. The Criterion sales are twice a year. B&N has a B2G1 free sale once (maybe twice) every year. B&N has coupons all year. Some of those coupons this year were 50% off, and unlike Borders, the coupons are taken off the selling price, not list price. If you paid full price for a Criterion then you are an idiot.
Hey, I liked Borders, I was a Rewards Plus member and spent a lot there, but they weren't as good as B&N and the results showed. They did try to improve towards the end with some better pricing, price matching, Rewards Plus etc. but it was too late.

When did I say I paid full price for a Criterion? We can keep the name calling down to a minimal.

Also what I was trying to say is that very few stores are free from MSRP pricing. There just always seemed so much hate for Borders here on these boards.

Hell, I worked for the company for 2 years as an Operations Manager and didn't hate the company quite as much as some of the posters here. As a former employee the shit really hit the fan when Ron Marshall was hired, tried all sorts of zany ideas for the company and promptly exited (leaving the company in even more shambles than it was in) taking his pay with him.

Regardless of how you feel about any company, the loss of more and more B&M stores hurts.

SethDLH
07-25-11, 09:41 PM
Regardless of how you feel about any company, the loss of more and more B&M stores hurts.

This is what it comes down to.

mekeez
07-25-11, 10:37 PM
This is what it comes down to.

You are so right. It really creeped me out last Thursday on my California store's last day as a Borders. Sadly, they helped the demise of local bookstores like the very nice Middle Earth bookstore on the Big Island of Hawaii. Now, there isn't a general bookstore on the whole island. Don't know what is left on Oahu. Here in California there is still a local chain in my area, but I guess an era is passing. Creepy. (Sorry, probably belongs in a store forum.) Just felt so weird on Thursday.

SethDLH
07-25-11, 10:53 PM
You are so right. It really creeped me out last Thursday on my California store's last day as a Borders. Sadly, they helped the demise of local bookstores like the very nice Middle Earth bookstore on the Big Island of Hawaii. Now, there isn't a general bookstore on the whole island. Don't know what is left on Oahu. Here in California there is still a local chain in my area, but I guess an era is passing. Creepy. (Sorry, probably belongs in a store forum.) Just felt so weird on Thursday.

I don't like the feeling either, for a few different reasons. It's definitely not a good thing.

Alan Smithee
07-25-11, 11:03 PM
It's funny that enough people know how to order online (implying they're computer literate) so that it affects B&M stores' business, yet there are still enough people uninformed enough to think 10% off list price is a good deal and get stuff sold that way.

Eric F
07-25-11, 11:19 PM
Borders.com just shipped my Stargate Atlantis Blu box set so apparently they're going to stick around a bit.

jwstl
07-26-11, 12:39 AM
When did I say I paid full price for a Criterion? We can keep the name calling down to a minimal.

Also what I was trying to say is that very few stores are free from MSRP pricing. There just always seemed so much hate for Borders here on these boards.

Hell, I worked for the company for 2 years as an Operations Manager and didn't hate the company quite as much as some of the posters here. As a former employee the shit really hit the fan when Ron Marshall was hired, tried all sorts of zany ideas for the company and promptly exited (leaving the company in even more shambles than it was in) taking his pay with him.

Regardless of how you feel about any company, the loss of more and more B&M stores hurts.

I should have made it clear I used "you" in a general sense; it was not directed at you specifically. My point was, your comparison to B&N wasn't accurate. The one thing B&N did much better than Borders was with regard to sales. Movie fans know B&N has the Criterion sale twice a year and the B2G1 sale; they are known for that. All Borders was known for was the coupons. And coupons encourage single items sales whereas a sale encourages multiple purchases. Anyway...I don't get the hate either. There were plenty of deals at Borders (especially Borders.com) using coupons if you took the time to look. And the Rewards Plus was a heck of a deal. Oh well. I'll miss them and I wish their employees well.

illennium
07-26-11, 01:13 AM
The people buying things at or close to MSRP are the ones keeping the industries we love alive. Rather than gawk at them or call them idiots, we should appreciate them. I wish I had the numbers to prove it but unfortunately the data isn't public (as far as I can tell). Without the data, it's just another theory on the internet, I know. But I do believe firmly that we bargain-hunters barely figure in to the revenue model, even when we buy a lot. It's the mainstream customers that buy at full retail that keep the ships afloat. That's why I'm thankful for them. Hopefully, they also feel good about their purchases so it's a win-win, when it works.

As a corollary, I don't think Borders was done in by their prices. Most people just expect to pay retail, so I don't think that was the main issue. I really think the main issue is that the consumer model for media is changing. First, people stopped buying CDs. Then, they started buying fewer DVDs as Netflix gained traction and piracy became more technologically feasible. And now, they're turning to e-books to save space (and for convenience and whatever other reasons). Borders failed because they were slow out the e-reader gate. They just didn't take e-readers seriously enough early on. Do a google search - you'll see that's what a majority of industry analysts attribute their failure to. I really don't think it had much at all to do with prices.

Amazon can sell at a discount in part because they've outsourced a lot of their customer service to India. They also spent a number of years buoyed by venture capital - I don't recall off the top of my head how many years it took them to turn their first dollar's worth of profit, but that model wouldn't work in the brick and mortar world. I love Amazon and will shop there even more now that Borders is gone, but I love going in to a store and looking at books, CDs, and DVDs on shelves as well. That experience is slowly but surely going away. Barnes & Noble is unlikely to weather the next 10 years. I'm fortunate in that here in NYC there are still dozens of independent book, music, and movie stores that will remain, as they're not entirely profit-driven. But in many parts of the country, the loss of Borders will sting and will have an impact on culture.

jwstl
07-26-11, 01:42 AM
I agree about the change in media preferences but disagree about people buying at MSRP keeping industry alive. The younger generations are growing up in a digital world with digital media and that has certainly changed the consumers buying preferences. But those same people also grew up on Limewire, Napster etc. where everything was free. And they don't want to pay anything for media. And they certainly won't pay MSRP.

Yes, Borders was too late in the E-reader game but the biggest mistake they made, and the biggest reason for their demise, was letting Amazon run their web business. They sent all their potential web customers to a "partner" that was really a competitor. And that competitor offered better prices and better service. By the time Borders took back their domain, all those customers were established Amazon customers. And Borders couldn't match their prices or their service and, even if they could, they wouldn't get those customers back. You don't leave someone who has provided years of good service for another company offering worse or the same deals/service.

illennium
07-26-11, 02:11 AM
As usual, you make good points, especially about the failed Amazon partnership. (Though, from a purely selfish perspective, being able to use Borders cards on Amazon was awesome :D.)

I'm going to do some research and see if I can find some data to back up my points about MSRP customers. I'm looking at bowker.com but they want $999 to access last year's data. I'll poke around, but I'm pretty sure a lot of people do buy at MSRP. I certainly don't think the younger generations are driving these industries since, as you say, they don't want to pay for anything really.

I'm curious which consumers you think are keeping bookstores alive. And what I mean by that is do you think there's a particular demographic that accounts for the highest sales/profits?

PhantomStranger
07-26-11, 02:32 AM
Most industry analysts do not think Barnes & Noble is in a much better spot, the retail market for books is dying. They just did not have the crazy debt that Borders had and will continue for a while longer before problems start showing up.

Alan Smithee
07-26-11, 08:03 AM
There aren't many stores left that sell DVDs and CDs at list price (Tower- gone, Suncoast- gone, Musicland- gone, Wherehouse- gone...)

And as I've said before, Borders priced all their DVDs under MSRP about 10 years ago, and I bought a lot from them then. When the prices went back up, I bought elsewhere.

Eric F
07-26-11, 12:09 PM
I'm hoping that since Borders.com seems like it will make it until Aug that my Aug Borders Bucks will actually be usable on the website. I tend to doubt this, but it still shows that I have $5 pending for Aug.

ProfessorEcho
07-26-11, 12:29 PM
Regardless of how you feel about any company, the loss of more and more B&M stores hurts.

I shed all my tears when my favorite independent bookstores went out of business after Borders moved into the neighborhood. Good riddance to Borders.

Ironically, I sincerely believe that this may signal the return of small, independent bookstores that are local in nature and offer more of a family, intimate vibe than any of the national chains. A small bookstore with a coffeehouse space would not have the overhead of a Borders and might actually succeed as a viable alternative in the wake of the big guns going silent. If people truly begin to miss the b&m experience, there might be a niche for bookstores on a smaller scale, just like it used to be.

Mao
07-26-11, 12:53 PM
Sigh...can this thread be moved to the "Store" forum?...I see not a single bargain in this thread and it's been droning on for days...

Classic Films
07-26-11, 12:56 PM
I shed all my tears when my favorite independent bookstores went out of business after Borders moved into the neighborhood. Good riddance to Borders.

Ironically, I sincerely believe that this may signal the return of small, independent bookstores that are local in nature and offer more of a family, intimate vibe than any of the national chains. A small bookstore with a coffeehouse space would not have the overhead of a Borders and might actually succeed as a viable alternative in the wake of the big guns going silent. If people truly begin to miss the b&m experience, there might be a niche for bookstores on a smaller scale, just like it used to be.

Doubt it. People shop by price. If a small bookstore did open up people would browse , see something they liked, and then buy it for less at Amazon or some place similar.

RonG617
07-26-11, 04:19 PM
I can't believe what a 10% off sign along with Going OUt of Business will do for sales. I went into one of the last Borders in my area and the place was packed. People are idiots. Borders always had coupons up to 40% off and the best sellers were generally 20-25% off normally. Now people are buying the same books by the armful for 10% off because the store is going out of business. There are stores in NYC who have been going out of business for 10 years straight(complete with the liquidation signs) and they are always packed. People love to buy when they think they are getting a deal even when it is not a deal.

ProfessorEcho
07-26-11, 07:08 PM
Doubt it. People shop by price. If a small bookstore did open up people would browse , see something they liked, and then buy it for less at Amazon or some place similar.

It all depends on size and overhead compared to their profit margin. My gf is a retail analyst and agrees it could happen to fill the need of those who still prefer to buy at a b&m. Hard to believe sometimes, but they still exist. A sense of community in a bookstore can still go a long way if everything clicks. People CAN be passionate about a local bookstore, which is why an indie like Vromans can thrive in the LA area while Borders goes under.

clckworang
07-27-11, 11:51 AM
Doubt it. People shop by price. If a small bookstore did open up people would browse , see something they liked, and then buy it for less at Amazon or some place similar.

If this were completely true, then how can you explain the post right below yours? People fighting over things barely marked down at a going-out-of-business sale is not exactly an anomaly. It happens everywhere and with every closing. If what you say was right, then no one would be buying at these liquidation sales yet. I don't think most people have any real concept of price; they just go to Amazon or somewhere else online because it's convenient.

GMan2819
07-27-11, 01:19 PM
If this were completely true, then how can you explain the post right below yours? People fighting over things barely marked down at a going-out-of-business sale is not exactly an anomaly. It happens everywhere and with every closing. If what you say was right, then no one would be buying at these liquidation sales yet. I don't think most people have any real concept of price; they just go to Amazon or somewhere else online because it's convenient.
Or, the people crowding the early liquidation sales aren't typically Internet shoppers for one reason or another.

clckworang
07-27-11, 01:53 PM
Or, the people crowding the early liquidation sales aren't typically Internet shoppers for one reason or another.

That's true as well, but regardless, if there are crowds like many people have described (lines of people) at these stores, then there is obviously a pretty good segment of the population that hasn't moved their shopping online.

GMan2819
07-27-11, 02:32 PM
That's true as well, but regardless, if there are crowds like many people have described (lines of people) at these stores, then there is obviously a pretty good segment of the population that hasn't moved their shopping online.
Which shows how badly Borders was run. They never advertised sales and you had to go to the store to even know about them. If these people are flocking to the store for a mere 10-20% off, just servicing those people by having weekly advertised sales and rotating the sale items, they would still be in business. You know...operate like a real business...

sleepyhead55
07-27-11, 02:37 PM
You are so right. It really creeped me out last Thursday on my California store's last day as a Borders. Sadly, they helped the demise of local bookstores like the very nice Middle Earth bookstore on the Big Island of Hawaii. Now, there isn't a general bookstore on the whole island. Don't know what is left on Oahu. Here in California there is still a local chain in my area, but I guess an era is passing. Creepy. (Sorry, probably belongs in a store forum.) Just felt so weird on Thursday.

Jellys is still around on Oahu. I think there are also a few niche stores left on Oahu.

I'm hoping that since Borders.com seems like it will make it until Aug that my Aug Borders Bucks will actually be usable on the website. I tend to doubt this, but it still shows that I have $5 pending for Aug.

I've read that all Borders Bucks expires on July 31.

clckworang
07-27-11, 04:27 PM
Which shows how badly Borders was run. They never advertised sales and you had to go to the store to even know about them. If these people are flocking to the store for a mere 10-20% off, just servicing those people by having weekly advertised sales and rotating the sale items, they would still be in business. You know...operate like a real business...

That's definitely true. I never heard anything about Borders. I had even forgotten there was one in my area.

Alan Smithee
07-27-11, 08:33 PM
I was on their email list- they did a decent job through that advertising stuff, problem was for me there wasn't anything to buy (I don't buy a lot of books, I mainly went there for DVDs.) A stupid thing was that I often got emails from them advertising specials at OTHER retailers selling totally different products (restaurants for example)- every time I got one of those I shouted "Don't waste my time with this crap, let's see some specials on stuff in YOUR stores!"

mekeez
08-04-11, 12:40 AM
DVD's 25% off, Blu-ray 50% off

Borders Rewards Plus now extended thru 8/7

All sales final.
Discounts in store purchases only
Furniture and fixtures for sale

RonG617
08-04-11, 06:11 PM
Are books still 10% off? I would pick up a few things, but I can get 20% off online, so I wanted to wait until the store was running books 20-30% off.

TheBang
08-04-11, 06:56 PM
Books were 20% this past weekend, so I'd guess they're probably more discounted now.

mekeez
08-04-11, 11:12 PM
Are books still 10% off? I would pick up a few things, but I can get 20% off online, so I wanted to wait until the store was running books 20-30% off.

Crime, business, philosophy, performing arts romance and more 40%
All audio books, e-readers, DVD's, mysteries and thrillers, cooking, sci fi, history, religion and more 25%
Diet, nutrition, biography, self-help, general reference, humor, and more 30%

All sales final and furniture and fixtures for sale

Discounts in store purchases only

SteelyMag
08-19-11, 02:40 AM
Just a notice that Borders in NH is 40-60% off everything. (books 40%, calendars 60%, dvd 50%) Can anyone drop a reply when they see prices slashed again?

RonG617
08-19-11, 05:29 PM
I picked up a couple of calendars and a paperback book. The hardcover and dvd prices were still terrible at 30% off full MSRP.

alanstar@erols.com
08-19-11, 10:00 PM
The Methuen MA store was at 40-60% off most items. Picked up a couple books ('Hunger Games' was $5.39, which is about the same as Amazon now). Still no true bargains yet.

Blu-ray-collect
08-25-11, 11:51 AM
Got an email last night: 50% - 70% off stuff now, if anyone cares. I haven't been in, so I cannot say what that affects.

Roybq
08-25-11, 07:54 PM
Stopped by today: Books/CDs/DVDs are 50% off now and BDs are 60% off. Various other items are 40% to 70% off. Amazingly that almost finally brings some items down to what other retailers usually sell them for. Great deals if you like box sets, those seem to actually bring you the better bang for the buck. If I didn't already have some of the movies in the BD sets (Eastwood, Newman, Harryhausen) I would've snagged them.

islandclaws
08-30-11, 02:57 PM
I went by the RSM location yesterday. Not much left. A few BDs, but the prices are only a buck or two below Amazon, so I'm not buying. I'll pick it over more thoroughly once BDs hit 70% or more.

Osiris3657
08-30-11, 03:25 PM
No wonder Borders went out of business...even with the big discounts their prices are still beat by other retailers :lol:

Double_Oh_7
09-09-11, 06:57 AM
Went into Borders for one last time yesterday. Man, how depressing. They had turned off the air conditioning and the escalators. Check out clerks did not look happy. I walked out without even trying to find something since the place was in complete disarray. Buh-bye, Borders.

Double_Oh_7
09-23-11, 01:09 AM
So, Borders employees really hated us...

http://shelf-life.ew.com/2011/09/20/borders-employees-complaints/

RonG617
09-23-11, 05:50 PM
I worked at Waldenbooks in my teens and I agree with everything on that list.

whotony
09-30-11, 11:42 PM
Barnes and Noble now owns some of Borders including their customer mailing list.

View Mobile Friendly Version * | * View in Browser



Dear Borders Customer,

My name is William Lynch, CEO of Barnes & Noble, and I'm writing to you today on
behalf of the entire B&N team to make you aware of important information regarding your Borders account.

First of all let me say Barnes & Noble uniquely appreciates the importance bookstores play within local communities, and we're very sorry your Borders store closed.

As part of Borders ceasing operations, we acquired some of its assets including Borders brand trademarks and their customer list. The subject matter of your DVD and other video purchases will be part of the transferred information. The federal bankruptcy court approved this sale on September 26, 2011.

Our intent in buying the Borders customer list is simply to try and earn your business. The majority of our stores are within close proximity to former Borders store locations, and for those that aren't, we offer our award- winning NOOK™ digital reading devices that provide a bookstore in your pocket. We are readers like you, and hope that through our stores, NOOK devices, and our bn.com online bookstore we can win your trust and provide you with a place to read and shop.

It's important for you to understand however you have the absolute right to opt-out of having your customer data transferred to Barnes & Noble. If you would like to opt-out, we will ensure all your data we receive from Borders is disposed of in a secure and confidential manner. Please visit www.bn.com/borders before October 15, 2011 to do so.

Should you choose not to opt-out by October 15, 2011, be assured your information will be covered under the Barnes & Noble privacy policy, which can be accessed at www.bn.com/privacy. B&N will maintain any of your data according to this policy and our strict privacy standards.

At Barnes & Noble we share your love of books — whatever shape they take. We also take our responsibility to service communities by providing a local bookstore very seriously. In the coming weeks, assuming you don't opt-out, you'll be hearing from us with some offers to encourage you to shop our stores and try our NOOK products. We hope you'll give us a chance to be your book store.

davidh777
10-03-11, 12:43 PM
^ I got that letter twice and I don't think I have a Borders account

davidh777
10-03-11, 07:19 PM
So, Borders employees really hated us...

http://shelf-life.ew.com/2011/09/20/borders-employees-complaints/

I think the point about "quick question" applies wherever you work