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 Economic / big business
 Barnes & Noble - Bankruptcy?
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PBELKNAP
Permanent Resident

USA
1136 Posts

Posted - 10/09/2011 :  11:24:09 AM  Show Profile  Visit PBELKNAP's Homepage Send PBELKNAP a Private Message  Reply with Quote
Is there any truth to something I saw posted that suggested that Barnes and Noble plans to file for bankruptcy? Truth or looney rumor?

Seeing as we have two Nooks, the apps, and tons of eBooks, I'm really hoping it's not true...



*************************

PAM

Twitter Name = WildKnitter

Blog: http://wildknitter.blogspot.com

If I could only do this for a living...

hillstreetmama
Permanent Resident

USA
3448 Posts

Posted - 10/09/2011 :  12:56:48 PM  Show Profile Send hillstreetmama a Private Message  Reply with Quote
I googled the subject, and it looks like they're definitely having problems. I can understand it - I used to buy lots of kids books there, but my own were usually purchased from Amazon. Now I have a Kindle, and all my books are ebooks. I go to B&N to browse, drink Starbucks, and maybe have a slice of cheesecake. The book business has always been tough, and it's getting tougher.

Jan
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Jane
SustaYning Member

USA
4388 Posts

Posted - 10/09/2011 :  3:19:28 PM  Show Profile  Visit Jane's Homepage Send Jane a Private Message  Reply with Quote
quote:
Originally posted by hillstreetmama

The book business has always been tough, and it's getting tougher.



You can say that again! The whole business of selling books is changing rapidly, and we independent bookstores are learning that if we're nimble and think ahead, we'll make it ó with a lot of hard work. B&N isn't set up to think on its feet. Please folks, support your local indie (if you can find one, in person or online through Indiebound). And Pam, you'll always be able to use your Nook, because Google eBooks supports it, and lots of indies sell Google eBooks on their websites.

Jane

Betty deserves everything and more: Make a Donation
Blog: Not Plain Jane
Photos: Flickr Album
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PBELKNAP
Permanent Resident

USA
1136 Posts

Posted - 10/09/2011 :  6:21:30 PM  Show Profile  Visit PBELKNAP's Homepage Send PBELKNAP a Private Message  Reply with Quote
Oh, wow...I didn't know indies did that! Thanks!

*************************

PAM

Twitter Name = WildKnitter

Blog: http://wildknitter.blogspot.com

If I could only do this for a living...
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pkee
Chatty Knitter

222 Posts

Posted - 10/11/2011 :  2:48:05 PM  Show Profile Send pkee a Private Message  Reply with Quote
I took a look at this...there was speculation in the early part of the year...that B&N would be filing for bankruptcy. I doubt that it's a reality since on September 16, 2011, they bought the IP assets of Borders Group.

Haven't gone the e-book route myself...turns out (at least during my last round of jury duty) ... one needs to have the old-fashioned books ... all e-devices need to be off in the courtroom ... Phew! one good thing about being a turtle :)
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lella
Permanent Resident

9712 Posts

Posted - 10/11/2011 :  3:23:19 PM  Show Profile Send lella a Private Message  Reply with Quote
This is hard news to take, but the big box booksellers drove a lot of small book stores here out, and now I guess it's happening again. I miss Borders and I will miss Barnes and Nobles, if they are indeed going out of business, but I sure the heck miss Yellow Brick Road. My sister and I and my kids -when they were young - were always in that sweet store.

We always shop at Logos when we can, too. We load up there!

Jane, thanks for the info on the group. Thank you!

Lella

Zippiknits

"Life is good if you don't weaken." Calvin Coolidge
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slaggyc
Permanent Resident

USA
1216 Posts

Posted - 10/12/2011 :  10:42:22 PM  Show Profile Send slaggyc a Private Message  Reply with Quote
We love our indie book stores! They are so personable and friendly. We go to the big book stores mostly to bide time waiting for a movie to start and have some coffee. I can't remember the last time I actually bought books there though. I will admit that Amazon is my main book buying place though.

Slaggyc
http://wheresmyverve.blogspot.com/
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Lanea
Permanent Resident

USA
5190 Posts

Posted - 10/13/2011 :  04:48:26 AM  Show Profile  Visit Lanea's Homepage Send Lanea a Private Message  Reply with Quote
My neighborhood is devoid of indie bookstores, apart from religious, comic, and used book stores. I do patronize the latter, but I have to find indies online if I want to buy new releases. It makes me so sad to not be able to just browse a bookstore to find new authors. I'm so glad I work near a university bookstore.

See proof of insanity: http://crazylanea.com/
Read my audiobook reviews: http://booksforears.com/
Buy handmade sock knitting bags: http://www.etsy.com/shop.php?user_id=5031570
Join the KR Webring: http://www.crazylanea.com/fiberarts/2006/07/the_knitters_re.html
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Jane
SustaYning Member

USA
4388 Posts

Posted - 10/13/2011 :  05:41:59 AM  Show Profile  Visit Jane's Homepage Send Jane a Private Message  Reply with Quote
There's a good article in The Daily Beast: Ode to the Bookstore

"There is something comforting about the well-intentioned chaos of a real bookstore, the warmth that comes with human dimensions. And when we lose a sense of that value we start to lose a sense of ourselves. Think of the effort to support independent bookstores as being akin to the slow food movement. It isnít faster or more efficient. But it is better. It offers time to appreciate instead of just consume."

If we love indie bookstores, we have to shop at them, or they will die. Please visit IndieBound to find one that's near you or that has an online store.

I'll stop now. I appreciate everyone's opinions and thoughts. I'm on the front lines (I've managed an indie bookstore for 15 years, and I'm now in charge of our website) and I get worked up from time to time.

Jane

Betty deserves everything and more: Make a Donation
Blog: Not Plain Jane
Photos: Flickr Album
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flicka
Seriously Hooked

879 Posts

Posted - 10/13/2011 :  07:10:22 AM  Show Profile Send flicka a Private Message  Reply with Quote
Jane, please keep reminding us of independent bookstores. They are no longer part of my everyday life, because so many have closed. I have to seek them out. I went to the "Indiebound" website to make sure that Powell's is a member (it is). While on the website I learned about a few interesting possibilities in my area that I will try to visit.

flicka
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PBELKNAP
Permanent Resident

USA
1136 Posts

Posted - 10/13/2011 :  3:01:50 PM  Show Profile  Visit PBELKNAP's Homepage Send PBELKNAP a Private Message  Reply with Quote
The thing I always like about local book stores is that they often have books the big chains don't. I know the chains can special-order, but it's fun to go in a small book store and discover some book you haven't seen anywhere else.

*************************

PAM

Twitter Name = WildKnitter

Blog: http://wildknitter.blogspot.com

If I could only do this for a living...
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kkknitter
Seriously Hooked

699 Posts

Posted - 10/14/2011 :  04:44:47 AM  Show Profile Send kkknitter a Private Message  Reply with Quote
I visit Strand Book Store once a week. It is certainly one-of-a-kind book store, but I don't think you can call it indie. It used to be a real mess years ago, but they have cleaned it up, and now even have a small section with knitting books and other crafts all in one place on the second floor. B and N is so off putting.

Kristina
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