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In response to
"I'm amazed it took this long. Perhaps they should have merged with Blockbuster"
by
ty97
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probably not great. they're torching 30% of their stores right away...
Posted by
x (aka dmuck)
Feb 16 '11, 06:17
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so that'll take some pressure off. but they've got a lot of creditors looking for money. i think there's probably still some room in the marketplace for some well curated, physical bookstores that take their environment + service seriously + also supplement sales with higher margin stuff like food + coffee, but the faceless superstore concept a la borders probably doesn't have a lot of room to run.
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