Borders: the downfall - Page 2

Suzanna · 09-06-2011, 07:26 PM

Borders was also a minority shareholder in Kobo. I'm not sure how much stock they had, but I know Chapters/Indigo has about a 60% share, and the remaining 40% was split between Borders and other international interests. Perhaps if they'd established their own ereading brand, rather than just partnering with others for a small share, they may have done better on the ereading front.

Dulin's Books · 09-06-2011, 07:41 PM

Quote:

Originally Posted by Phogg

I so expected to see a YouTube video with Hitler in this thread.

i found a Hilter Borders rant on youtube but the dialog is very poorly done

khalleron · 09-06-2011, 07:52 PM

First of all, selling out to KMart.

A string of CEOs who knew nothing about books.

As others have stated, leaving their online and ebook selling to 'partners' rather than taking it on in-house.

Also, having millions of square feet of expensive retail space, much of it within walking distance of B&N stores.

The world is going digital, and has been for years - Border's had ample time to catch that train and chose not to.

Andrew H. · 09-06-2011, 10:17 PM

The link RainingLemur posted - from a former Border's exec describing what went wrong - is very instructive (and Karma-worthy). Everyone interested in this issue should read it. He places no blame on e-books, btw.

JD Gumby · 09-06-2011, 11:09 PM

Quote:

Originally Posted by Sao

Borders was also a minority shareholder in Kobo. I'm not sure how much stock they had,

11% is the most frequently cited number.

09-06-2011, 07:26 PM	#16
Suzanna Living in the past Posts: 432 Karma: 6011289 Join Date: Sep 2010 Location: Toronto Device: Kobo Aura HD, Kobo Arc	Borders was also a minority shareholder in Kobo. I'm not sure how much stock they had, but I know Chapters/Indigo has about a 60% share, and the remaining 40% was split between Borders and other international interests. Perhaps if they'd established their own ereading brand, rather than just partnering with others for a small share, they may have done better on the ereading front. Last edited by Suzanna; 09-06-2011 at 07:28 PM.

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09-06-2011, 07:52 PM	#18
khalleron Kate Posts: 1,700 Karma: 3605799 Join Date: Mar 2009 Location: Oregon, United States Device: MeeBook, Kobo Libra Colour	First of all, selling out to KMart. A string of CEOs who knew nothing about books. As others have stated, leaving their online and ebook selling to 'partners' rather than taking it on in-house. Also, having millions of square feet of expensive retail space, much of it within walking distance of B&N stores. The world is going digital, and has been for years - Border's had ample time to catch that train and chose not to.

09-06-2011, 10:17 PM	#19
Andrew H. Grand Master of Flowers Posts: 2,201 Karma: 8389072 Join Date: Oct 2010 Location: Naptown Device: Kindle PW, Kindle 3 (aka Keyboard), iPhone, iPad 3 (not for reading)	The link RainingLemur posted - from a former Border's exec describing what went wrong - is very instructive (and Karma-worthy). Everyone interested in this issue should read it. He places no blame on e-books, btw.

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