So Borders & A&R are likely, not certain, to be liquidated with maybe 2500 jobs down the tube.
Two major reasons are 1. the parent carrying too much debt and 2. heavy internet buying fromo/s especially since the dollar rise.
But the third reason is worth considering.
The two supermarket giants, both directly and through their subs like Target, have been heavily discounting books.
Once again we see the predators squeezing the little bloke out and gobbling up the business. OK, Borders & A/R are not smallfry, but this is hurting all those little bookshops . . .just like what happened to the butchers, the fruit shops, the delicatessens and what will happen to the bread shops, unless the Asians are prepared to go back to an Asian standard of living.
And where is the government, where is the ACCC?
And I won't even get into the milk debate.

Andrei.Hicks wrote on Feb 18^th, 2011 at 10:09am:




I would be joyful andrei if that figure was on the floor as well where the real work and earnings takes place.. without those on the floor they wouldnt exsist. yet they get paid the least..I think the little butchers will be next in line.. and then watch the price of meat go through the roof.

I wonder when they will set their eyes on the likes of Aldi.

its wrong they are allowed to gobble up the little guys but hands off the bigger ones.

bogarde73 wrote on Feb 18^th, 2011 at 9:34am:



NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

Not my borders.

Thats it, now it's getting personal....

These huge departments stores will have pharmaceutical dispensaries next... look what happened to Kodak express.

Corporate domination, market dominance, one shop for everything, Wall Mart!

I think I might move to the UK.

If you need me, you will find me curled up in a little ball grieving on Level 2, in the coffee club cafe Borders Rouse hill...next to the flower pot stand with a chai latte

mellie wrote on Feb 18^th, 2011 at 10:21am:

buzzanddidj wrote on Feb 18^th, 2011 at 10:41am:



I was referring to how they offer re-printing services in Big W, for half the price.

It's cheaper to take your digital camera to Big W than buy the expensive printing paper and print them off yourself.

I have a state of the art printer here at home, and even I don't bother.
(ps, I only bought it because I needed the fax and scanner)

If it's just the one pic I will print it off, but the papers really expensive so I just do it BigW.

cods wrote on Feb 18^th, 2011 at 10:16am:



I am just saying cods, that I noticed Coles are serious now about grabbing market share.

Wesfarmers have brought in the UK Asda team to ramp up their strategy and have got rid of a lot of dead wood across the board.

The $ they are offering for Finance roles even made me think of putting my CV forward.
They are offering $200k+ for middle management roles lately.

Not bad at all.


Hence my point is they are serious and not likely to allow some small obstacles to prevent the juggernault.

And Buzz, google Reverse discrimination, also known as positive discrimination/reveres racism.

Are you not guilty of having reverse discriminated against us?



Because all people have rights, not just minorities.

buzzanddidj wrote on Feb 18^th, 2011 at 10:57am:



With an entirely British senior management.



We always have made the best foremen.....