As you might have heard this week, Borders (the mega-big-box bookstore) is going out of business. In order to liquidate as much inventory as possible, the store is slashing prices up to 40% and all sales are final. Typical stuff when a business closes in the red.
I won't be shopping these sales, even though it would be a great opportunity to stock up for myself or for gifts. A Christmas in July, if you will.
I work in publishing. Borders owes my company money; obviously they aren't alone. If you work in publishing, buying something at Borders these days is equivalent to handing over part of your paycheck to your company. True, it's very indirect and there are many degrees of separation, but I can't see myself helping a company to sell off its inventory faster just so it can pay their bills that have needed to be paid for a long time. Their poor planning is their fault. Why should I help them? This has affected me directly. When bills don't get paid, companies can't hire more staff and can't give raises.
However, I do encourage you, if you don't work in publishing, to PLEASE SPEND YOUR MONEY!!!! Why not? Many other industries have received bailouts. Let's consider this a bailout for publishing. ;-)
I was never a fan of Borders. They didn't make their way into my area until very recently. I grew up with Waldenbooks, B.Dalton, Barnes and Noble, and independent bookstores in my area. I'm not sad that Borders is closing up shop--out of my list the only stores that are now left are B&N and independent stores--and THOSE numbers are dwindling. Maybe we will see a renewal of interest in buying from your independent bookstore? I have a soft spot in my heart for them, as I worked at one for 2 years before coming to my current job.
I am sad for those people who worked at Borders, now and in the recent past, who are jobless or will soon be jobless. The job market is horrible, as we all know, and this just adds more fuel to a seemingly never-ending fire. I hope that this next phase of their lives is a swift one.