ENTRIES TAGGED "borders"
B&N Considering Borders Acquisition
When Borders announced its exploration of "strategic alternatives" in March, speculation marked Barnes & Noble as a possible suitor. The Wall Street Journal says B&N is taking that speculation seriously — it's assembled an advisory team to study an acquisition of its brick-and-mortar competitor. From the WSJ: That Barnes & Noble is contemplating a bid illustrates how competitive book retailing…
Roundup: Free Doesn't Always Apply, Kindle's Ebook Impact, Indie Bookstores and Chains Face Same Competitor, UK Publishers and Amazon in Price Battle, Borders Gets a Better Deal
Free Doesn't Work for Every Company From Peter Brantley: Hank Williams of Why Does Everything Suck? does an informal economic critique of Chris Anderson's "things tend to free" hypothesis: "Some of you will argue that Google does fine based purely on advertising. But just because one company can commoditize everyone else's work and make pennies on things that used to…
Borders Gets a Better Deal
Borders has revised its $42.5 million loan with Pershing Square Capital Management. According to The Bookseller, the loan interest rate has been reduced from 12.5 percent to 9.8 percent. Pershing has also boosted its backup offer for Borders' international operations to $135 million….
Independent Booksellers and Chains Face Big-Box Competitors
Looks like the "enemy of my enemy is my friend" maxim is coming in to play with the increased attention big-box retailers are giving to books. Small indie booksellers and chain stores, such as Borders and B&N, are feeling the pinch from big-box store markdowns. From the Washington Post: Costco, Target, Wal-Mart and Sam's Club aren't just moving in…
Roundup: Borders Mulling Sale, Blogs to Books
Borders explores possible sale, Fractal Press taps personal finance bloggers for book