Patt Morrison for February 9, 2011

Borders bookstore: a not-so-happily ever after story

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Borders bookstore is struggling to hang on to its business

Remember the day when the big-red-and-white Borders bookstore popped up on a commercial business corner near you? They had their avid book-loving followers and their loyal independent-bookstore-going boycotters. But a bookstore with music, movies, and a built-in coffee shop was a new concept—Borders has something for everyone. Now, the monster store demonized for crushing independent bookstores has now been crushed itself. By 2000, the rise of online book sellers like Amazon.com and discount retailers like WalMart and Target had caused a dramatic reduction in people visiting Borders. In addition to forces beyond its control, Borders may have accelerated its own demise by moving too slowly into the digital age, with a clunky website to purchase books from and without its own kindle (Amazon) or Nook (Barnes & Noble) equivalent until recently. With the Westwood/UCLA Borders closed and the Glendale Borders in trouble, what will be the fate of brick-and-mortar bookstores as we know them?

Guests:

Albert Greco, a book publishing expert and professor of marketing at Fordham University’s Graduate School of Business Administration

Kerry Slattery, general manager & co-owner of Skylight Books, independent bookstore in Los Feliz since 1996


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