Thread: Germany's Weltbild insolvency
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Old 01-15-2014, 04:52 PM   #2
frahse
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Quote:
Originally Posted by fjtorres View Post
From Publishers Weekly:
http://www.publishersweekly.com/pw/b...nsolvency.html



More at the source, including the (by now) the obligatory Amazon reference even though Germany is a fixed price market.

They're calling it a "Borders incident" but it sounds more like a B&N scenario given their involvement in Tolino.
Some might want to paint a bigger picture with broader strokes, but I see the inherent problem of poor business management and a loss of control of the cash flow.
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