Update: Borders will begin liquidating as early as Friday, closing some 399 stores nationally that employed 11,000 people after a deal for the book store chain fell apart. (Detroit Free Press has a good read.)
It's hard to think of a less tenable business model than selling hard-copy books at a brick-and-mortar store (with CDs, too! Like Kenny Loggins' greatest hits!) these days. (Unless you count the alt-weekly business, naturally.) Meg Ryan taught us this in a movie we fell asleep while watching in bed. The one with Tom Hanks and the volleyball, we think.
Anyway, with Joseph Beth already six-feet under, news arrives that Borders, which has some locations around Northeast Ohio and employs about 11,000 nationally in 399 stores nationwide, might close for good by this weekend after a potential buyer fell through for the bankrupt book chain. (Via WSJ)
So if you're free one of the next few days, head over and buy a cup of coffee and read one more book for free in one of those comfy chairs. It's what Borders would want.
Email us at email@example.com.
Our small but mighty local team works tirelessly to bring you high-quality, uncensored news and cultural coverage of Cleveland and beyond.
Unlike many newspapers, ours is free – and we'd like to keep it that way, because we believe, now more than ever, everyone deserves access to accurate, independent coverage of their community.
Whether it's a one-time acknowledgement of this article or an ongoing pledge, your support helps keep Cleveland's true free press free.