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Borders to file for bankruptcy


Jman888
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The bookstore open its first outlet in Singapore in 1997 and a movie "You've got mail" was shown in 1998 with a story of the mega bookstore chain that 'wipe' out smaller bookstores which was facing in most part of the world.....

 

the point was i fell in love with Meg Ryan after that movie (remind me again in Sleepless in Seattle)....

 

 

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Wall Street Journal: Borders to file for bankruptcy next week

Published: Sunday, February 13, 2011, 12:30 AM

 

The long-rumored bankruptcy of Borders is about to happen, according to the Wall Street Journal.

 

Citing unnamed sources, the newspaper says the filing could come as early Monday or Tuesday.

 

The newspaper also said in its story Friday that Borders Group Inc. plans to close hundreds of stores and eliminate thousands of jobs.

 

A spokeswoman declined to confirm or deny the Wall Street Journal report.

 

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  On 2/14/2011 at 12:07 AM, SimonTan said:

Borders....my fav library...as it has all the freshest copies of newest magazines every month.

So sad it's closing down......

 

I think that's the main problem, everybody treat it as a library without buying anything. :D

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  On 2/13/2011 at 5:20 PM, Ken4555 said:

omg.... [:(] no more place to see so many chio bus when going through the so many car mags there...

 

i guess that's one of the reasons why it filing for bankruptcy....all browsers and no one buying [laugh]

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  On 2/14/2011 at 12:09 AM, Watwheels said:

So got closing down sales or not?

 

Yes... at Expo

 

Borders Massive Clearance Sale

Admission: Public - Free Admission

Venue: Hall 3A

 

Date: 25-27 Feb

Time: 10am to 9pm

 

Organiser: Borders Pte Ltd

 

Contact Details:Tel : +65 6854 7171

Fax : +65 6235 4981

Email : skchong@borders.com.sg

Website : www.borders.com.sg

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  On 2/14/2011 at 1:31 AM, Altivo said:

Yes... at Expo

 

Borders Massive Clearance Sale

Admission: Public - Free Admission

Venue: Hall 3A

 

Date: 25-27 Feb

Time: 10am to 9pm

 

Organiser: Borders Pte Ltd

 

Contact Details:Tel : +65 6854 7171

Fax : +65 6235 4981

Email : skchong@borders.com.sg

Website : www.borders.com.sg

 

cool thanks for the info...

 

no clearance sale at wheel lock place?

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Borders doesn't sell chinese book and the staff refuse to speak chinese (even if they are chinese) so atas!

 

chapter 11 not necessary have to close down immediately..... still have hope if.....

 

anyway my focus is on Meg Ryan actually (uncle symptom :D :D )

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  On 2/14/2011 at 2:14 AM, Rainbowbiatch said:

think my face on wanted list aldy..

wanted-for-browsing.. [sweatdrop]

 

When can I come to your place for polishing? [:p]

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Think Amazon.com dominated everything on books. It's hard for Borders to compete with them.

 

Even myself doesn't buy book from Borders anymore. Either buy from Amazon as hardcopies (USD is low now), or as Kindle Books through the the Kindle apps in Ipad.

 

So borders is a thing of the past. More for people to browse.

 

 

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