Borders, as of its last fiscal statements, actually owed about $40 million more to creditors than the total value of its assets.Even more important, Barnes & Noble's sales are growing. The company still has about $900 million more in assets than debt. License:Freeware (Free) File Size:2.49 Mb. That has many asking whether it's only time before the venerable Barnes & Noble, and indeed bookstores in general, vanish as well.For now, Barnes & Noble seems to be far from its final chapter. KeyBlaze is a free typing tutor software program designed to assist with learning how to speed type and touch type. Filed for bankruptcy protection, announcing plans to close a third of its 659 stores (the Manhattan location on Park Avenue is one of them), which could lead to layoffs of 6,000 employees. That kiosk could be the determining factor in one additional contrast that no one could see: one of the stores won't be around much longer.Last month, Borders Group Inc. Customers came and went, browsing stocked shelves as employees helped them navigate the store's mazelike three floors.Five blocks south at the nearest Barnes & Noble, Borders' longtime competitor, the scene and the store looked very similar, besides one glaring difference the massive Nook e-book kiosk prominently displayed near the front. FollowOn a recent afternoon at a Borders bookstore in midtown Manhattan, everything seemed normal.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
September 2023
Categories |