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Old 09-05-2011, 01:56 PM   #1
Dulin's Books
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Books a Million takes over some closing Borders stores

http://online.wsj.com/article/SB1000...057816244.html

They take over 14 stores mostly in the east. havent seen the actual list yet
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Old 09-05-2011, 02:11 PM   #2
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That's cool. I wish them well.
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Old 09-05-2011, 02:27 PM   #3
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http://www.publishersweekly.com/pw/b...rs-leases.html

Quote:
The following stores are part of the deal, with the first number in parenthesis representing square footage and the second number representing how much BAM paid for the store:

#89 Columbia Crossing, Columbia, MD (28,000; $45,394)
#125 Bangor Mall, Bangor, ME (25,881; $54,364)
#133 Maine Mall, South Portland, ME (30,000; $168,757)
#136 The Strip, Canton, OH (30,000; $103,803)
#138 Oak Point Plaza, Eau Claire, WI (23,960; $41,114)
#168 Grand Traverse Crossing, Traverse City, MI (20,000; $71,672)
#193 Wrangleboro Road, Mays Landing, NJ (20,000; $55,583)
#292 Northridge Shopping Center, Davenport, IA (25,000; $41,629)
#334 Edwardsville Crossing, Edwardsville, IL (21,996; $42, 566)
#340 Fort Eddy Plaza, Concord, NH (31,889; $87,951)
#369 Haines Avenue, Rapid City, SD (20,000; $42,566)
#394 Valley Square Center, West Lebanon, NH (22,015; $58,820)
#442 Viewmont Mall, Scranton, PA (22,960; $49,874)
#524 Waterford Commons, Waterford, CT (22,824; $69,780)
Unfortunately, not one near me
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Old 09-05-2011, 03:03 PM   #4
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Me either But I'm glad there are other options out there other than B&N.
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Old 09-05-2011, 03:07 PM   #5
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Well, they are taking the one nearest me, Rapid City, SD. It was pretty much the only bookstore in the area. I wonder how soon, they'll move in?
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Old 09-05-2011, 03:12 PM   #6
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the story i originally linked to is behind a paywall now but it says

Quote:
The company expects to take over the leases by Sept. 20, a Borders lawyer said.
another source quoting the same date http://www.journalgazette.net/articl...59988/1031/BIZ
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Old 09-05-2011, 03:35 PM   #7
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Originally Posted by tubemonkey View Post
That's cool. I wish them well.
Agreed. Hopefully, they can make those stores profitable.
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Old 09-05-2011, 04:26 PM   #8
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This is some good news. I hope they do well.
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Old 09-05-2011, 06:38 PM   #9
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Yikes! Those are HUGE stores! 30,000 square feet?

Borders closes all locations in ten days, according to an e-mail I got today. So, the timing of Sep 20 to turn over these select locations to BAM makes sense. No doubt they will be back to selling books full time by Hallowe'en!
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Old 09-05-2011, 08:03 PM   #10
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Here in Albuquerque, the Borders (the two I know of) were within walking distance of the B&N: One Borders across a busy main street from a B&N and another Borders in the same large strip shopping center as the B&N (one on each end). Maybe Borders would have had better luck (and a chance at a Books a Million pick up) if they had put store in, say, the area of the University or downtown or somewhere else without so obvious competition. Also, the Borders stores always looked so poorly maintained and dirty ...

Slightly off topic: I visited a B&N on Saturday to see if they have a book I wanted. They didn't. I know I can get it for the very same price as a download, but whether or not I own it then bugs me. So I ordered it and several others... from Amazon. I'll scan them, OCR/rtf them, and then they'll be mine. If ebooks were less, reflecting no need to use the mails, for example, that would affect my decision certainly, but that's not the case, so...
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Old 09-05-2011, 08:58 PM   #11
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AGAIN I regret not buying into BAM 10 years go!!
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Old 09-06-2011, 07:31 AM   #12
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wow, wish they'd have taken over our local borders...
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Old 09-06-2011, 08:26 AM   #13
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BAM is the only thing I have within 75 miles or so. I'm not sure how they will survive when Borders failed. They do have the coffee bar, a large magazine section, lots of "sale bin" items, no music or CD's to speak of, and a large book selection with normal retail publisher-set prices. There is a NOOK kiosk at the entrance but I don't see many people looking at it. Not much difference from Borders or B&N that I can see.
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