02-25-2011, 08:09 AM | #1 |
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Analysis of the events at borders
What do you think the consequences of the events at borders will be?
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02-25-2011, 09:45 AM | #2 |
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Annihilation, Jim. Total, complete, absolute annihilation.
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02-25-2011, 11:13 AM | #3 |
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Do you mean at the Libyan borders?
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02-25-2011, 11:25 AM | #4 |
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Waht impact will the events at borders haev on the book publishing industry as a whole?
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02-25-2011, 12:21 PM | #5 |
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I don't think they will be that significant - the chain's not closing, just losing about 1/3 their stores. It will make a difference to some markets, but on the whole the industry will take it in stride.
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02-25-2011, 12:44 PM | #6 | |
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Quote:
I feel bad for those affected, especially since my area will be one of the local markets affected with the closing of not only a store but also a distribution center, but I don't think this particular case represents an accurate omen of how the industry will fare going forward. Having been on the inside of something similar several years ago, I also know that when a company says "XX killed our sales", it often means either "XX hurt our sales and we weren't prepared" or "XX hurt our sales at a time when we were putting money in the wrong areas". Sometimes it's even a case of "We've been making bad decisions for a long time and XX is a good thing to pin all the blame on". Yes, there are genuine cases when some "big new thing" wrenched the rug out from under a company, but in many cases the company's executives are complicit in their faltering. |
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