“Forgotten Hollywood”- Borders to Shelve Remaining Stores!
Manny P. here…
MSNBC.com is reporting that remaining BORDERS stores will close by September. Some of their locations will shut their doors as early as the end of this week. This means there will be 399 less places to purchase your favorite paperback or hard cover book throughout the U.S. Approximately 10,700 employess are expected to lose their jobs.
Currently, 10 BORDERS carry copies of Forgotten Hollywood Forgotten History. The Southern California locations include Arcadia, Brea, El Segundo, Mission Viejo, Northridge, Rancho Cucamonga, Rancho Santa Margarita, Riverside, Simi Valley, and Torrance.
A corporate spokesperson cited the turbulent economy, and the current electronic book revolution as the reasons for the company to fold. Owners of KOBO eReaders will still continue to purchase product on their website (including my paperback).
Here’s a link to their site:
http://kobobooks.com/ebook/Forgotten-Hollywood-Forgotten-History/book-otxOyxeLW0CK7FKe9H0SEw/page1.html
Malls currently housing BORDERS bookstores are expected to take a hit in foot traffic, which could tangentially further negatively effect our economy. Savvy business experts saw this news coming back in February. The courts will act on the liquidation process on Thursday.
Until next time> “never forget”
This entry was posted on Tuesday, July 19th, 2011 at 12:49 am and is filed under Blog by Manny Pacheco. You can follow any comments to this post through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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