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Borders Bookstore didn't want to cannibalize sales either and they don't exist anymore.
by ScalaFan 7y ago
Borders Bookstore didn't want to cannibalize sales either and they don't exist anymore.
- dredmorbius 7y agoCitation? AFAIU Borders succumbed more to overexpansion and debt than legacy-protection. See: https://www.npr.org/2011/07/19/138514209/why-borders-failed-while-barnes-and-noble-survived https://www.npr.org/2011/07/19/138514209/why-borders-failed-... http://business.time.com/2011/07/19/5-reasons-borders-went-out-of-business-and-what-will-take-its-place/ http://business.time.com/2011/07/19/5-reasons-borders-went-o...
- adventured 7y agoIt's not a coincidence that Borders, Waldenbooks, Books-A-Million and Barnes & Noble all got, essentially, decimated in the same era that saw the rise of Amazon and its Kindle. Waldenbooks had been around since 1933. Books-A-Million dates to 1917. Borders to 1971. Barnes & Noble has been around in some form for ~150 years. It wasn't overexpansion and debt that destroyed them all (yes, some are still standing in a straggling-on-zombie sort of way).
- dredmorbius 7y agoThat is not the same as saying cannibalisation-aversion killed the firm. I'm aware the industry has seen shifts.