By now, you’ve probably all heard the news. Borders is going out of business. For good. All of their remaining stores will close their doors and thousands of jobs will be lost. This is a big hit for the publishing industry, but not one that was completely unforeseen. Borders was too late to jump on the ebook bandwagon and it’s ereader just couldn’t stack up to the Kindle or Barnes and Noble’s Nook. Even though they caught the trend in time, the future is still looking kinda shaky for B&N.
Here’s an article from the International Business Times about the effect that the collapse of Borders will have on the other industry giant.
The final line of the article is dismal. “Ultimately unless Barnes & Noble can find a new, innovative way to start selling hordes of books in those major stores, it would be wise to finally sell to a willing buyer.”
We at TLT like to stay positive and focus on the solution, rather than the problem. What do you think Barnes & Noble should do? When was the last time you bought a book from one of their stores? Be honest. I can’t remember the last time I did and I used to work at one!
I worked at the largest store in the Chicagoland area during the holiday season two years ago to learn more about the retail process. Now, I’m no retail expert. I can tell you what you need to know about how to set up an author event or the best way to identify your target audience, but throw last quarter’s sales numbers at me and it’s likely that my eyes will cross and I’ll start drooling. However, even I know that when the managers are walking around with grim expressions and lunchroom bulletin boards are plastered with unfulfilled sales goals at CHRISTMAS, things are pretty bad.
Fortunately, I no longer work for B&N, but my heart does go out for the thousands of people who may lose their jobs if the company is sold or, God forbid, goes under. Let’s help these folks out. They sell our books and host our events, and I think that if they keep their minds open to change, all is not lost.
What ideas do you have that may help Barnes & Noble (and brick and mortar bookstores everywhere) avoid collapse? Please share your thoughts in the comments section below!







Reading McCrum’s article, 










