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12 Sep 2011 11:12

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Biz: Peace out, Ann Arbor: Borders to close its original location today

  • Borders used to be chockablock with books. It has increasingly looked less like a bookstore than a bowling alley, with its wide-open spaces. Now they’re selling children’s dolls on the front counter. It’s really pretty grim.
  • University of Michigan history professor Jonathan Marwil • Discussing the fate of Borders, the Ann Arbor-based bookstore chain which will close its first Ann Arbor-based location Monday. We’ve been saddened by the fate of Borders, an iconically-great example of the bookstore where you get sucked in for hours, but one whose fate was sealed by being extremely late to the game with the Internet. *SOB* We’ll miss you. source
Posted by Ernie Smith • 0 Comments • Permalink

19 May 2011 16:25

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U.S.: Israeli PM Netanyahu shoots down Obama’s border plan

  • “Indefensible”: So said Israeli Prime Minister Benjamin Netanyahu on one of the key, specific policy calls that President Obama made in his big Mid-East speech, namely that the borders of both an Israel and Palestinian’s border talks should start with on those present in 1967, before the Six Day War that saw Israel take control of the Gaza Strip, Sinai Peninsula, West Bank, and the Golan Heights. This was a surprise from Obama, and one that he had to know would rankle Israeli stalwarts. Netanyahu says that such a move would hurt Israeli security, and force them to abandon settlements within the Palestinian territories. source
Posted by Chris Tognotti • 0 Comments • Permalink

16 Feb 2011 15:28

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Biz: Bookstore chain Borders, as currently constituted, goes belly-up

  • $1 billion in debt for the now-bankrupt bookstore chain source
  • » Sign of the times: In its Chapter 11 bankruptcy, the famed chain of bookstores will be forced to close 30 percent of its 600 stores, having been left somewhat behind by the changing nature of the book world (damn you, internet). Many analysts feel a tad downtrodden by the news. “This is the biggest bankruptcy in the history of the book business,” said Albert Greco, senior researcher at the Institute for Publishing Research. “This is really a depressing day.”
Posted by Chris Tognotti • 0 Comments • Permalink
 
 
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