Book buyers mourn as Borders goes out of business
The Borders in Bridgewater may still be open for business, but Ginny Banon knows the bookstore’s end is near.
Yesterday, the bankrupt retail chain won court approval to liquidate its nearly 400 locations, including the 10 still scattered throughout New Jersey. Not even a last-minute offer from Books-A-Million to buy as many as 35 Borders stores could lift Banon’s spirits.
"I’m really grief-stricken," said the Bridgewater resident and former employee.
Despite a steady flow of customers shuffling in — the cool air providing a respite from the 100-degree heat — the store’s fate was evident. Signs advertised a clearance sale on "Moby Dick" and "Atlas Shrugged" T-shirts and employees talking amond themselves said the store’s cafe would soon be closing.
U.S. Bankruptcy Judge Martin Glenn in Manhattan approved Borders’ request to wind down the 40-year-old bookstore chain, which was once the second-largest in the country. Borders, with about 10,700 employees — including 275 in New Jersey — said this week that it planned to close all of its stores in phases by September.
A combination of the hard-charging digital reader industry and mounting competition from warehouse retailers devastated its bottom line. In just six years, Borders went from more than 1,200 bookstores as far away as Singapore to just 399 today.
The last-minute offer from Books-A-Million — which operates in the southeast U.S. — is still being negotiated, and may save 1,000 to 1,500 jobs, said Borders attorney Andrew Glenn. It has offered to buy about 21 super-stores and nine smaller stores, with an option on five more stores, lawyers said. The super-stores include a site outside Atlantic City.
Still, the Borders going-out-of-business sales begin today, after the company failed to reach an agreement with the one bidder that offered to keep it running. Glenn called it "a bittersweet day. There are a lot of sad people around the country," he said in a packed courtroom yesterday.
Standing inside the Flemington Borders on Route 202 in Raritan Township, Nicole Domanski counts herself as one of the bereaved.
"I was really upset when I found out about that," Domanski, 25, of Neshanic Station, said of the chain’s closing. She prefers Borders to rival Barnes & Noble — now the dominant U.S. book chain — for the atmosphere and rewards card.
Atlantic Book Warehouse - News
Messick will be available to sign copies of his new book, “Elves and the Secret Society”, from 10 am to 1 pm at the Atlantic Book Warehouse, located at 1159 N. Dupont Highway. “Elves and the Secret Society” is a thrilling fantasy set in
On many Thursdays, she arrived around 5 pm, shortly after her duties as the co-publisher of North Atlantic Books ended for the day. She sat at a table, eating and observing, until 7:30 pm, when Play Café, a group of professional playwrights,
It has offered to buy about 21 super-stores and nine smaller stores, with an option on five more stores, lawyers said. The super-stores include a site outside Atlantic City. Still, the Borders going-out-of-business sales begin today, after the company
As a result, the resurging prison has come to serve three missions that have little to do with crime control: to bend the fractions of the post-industrial working class to precarious wage-work; to warehouse their most disruptive or superfluous elements
In accord with Providence's promise as a port, he built the town's first wharf and warehouse, and became its foremost merchant. His influence produced the first traffic ordinance — a prohibition on galloping a horse anywhere between his house and that
Mid-Atlantic States Labor » “Sam Bianco Memorial Golf Tournament ...
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REGION, July 2nd- The “Sam Bianco Memorial Scholarship Golf Tournament” will be held at the Sugarloaf Golf Club in Sugarloaf, Luzerne County.
The Greater Wilkes-Barre Labor Council labor federation recently created the tournament to honor Mr. Bianco, who died last fall.
Ed Harry, President of the labor organization who replaced Mr. Bianco following his death, stated the event will be held annually with the financial proceeds going toward helping sons and daughters of union members pay for college tuition.
The first tournament will be held on August 20th at noon with registration beginning at 11:00 am. The cost is $75.00 per golfer, with the price including golf, food and prizes.
Anyone wanting to attend the event or wishing to sponsor a hole can contact Mr. Harry at (570) 823-6716 or make a check payable to the Sam Bianco Memorial Scholarship Fund and mail to the Greater Wilkes-Barre Labor Council at 501 E. Main Street in Wilkes-Barre, PA 18702.
Also anyone with any questions can call Mr. “big John” Rusak at 1-(800) 635-6994, extension 305.
Mr. Bianco served as President of the Greater Wilkes-Barre Labor Council, which is affiliated with the American Federation of Labor and the Congress of Industrial Organizations (AFL-CIO) in Washington DC, from 1978 to September 28th, 2010 when he passed away from complications related to cancer. He was 88 years old.
Mr. Bianco was a retired District Manager of the International Ladies Garment Workers Union (ILGWU).
Also, Mr. Bianco represented labor on numerous boards and committees throughout Northeastern Pennsylvania.
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