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As Borders Moves to the Brink, Barnes & Noble Has a Happy Holiday

by | Jan 6, 2011 | Towing

Barnes & Noble had its best holiday season in over a decade with store sales up 9.7% over last year, and online sales soaring a whopping 67%.
Continue reading As Borders Moves to the Brink, Barnes & Noble H…

Borders: Getting Closer to the Bookseller’s Final Chapter

by | Jan 2, 2011 | Towing

The country’s second-largest book retailer had been counting on a Christmas miracle to rescue it from deep financial doldrums. But the holiday season played Scrooge instead. Now, confronting a liquidity shortfall, a bankruptcy …

The Bleeding Continues: Another Quarter of Dismal Earnings for Borders

by | Dec 9, 2010 | Towing

The country’s second-largest bookstore widened its third-quarter loss to nearly double that of a year ago. Even worse, the estimated value of its inventory has declined, making it harder for Borders to borrow money. Will the co…

Why Borders’ Buyout Bid for Barnes & Noble Has an Unbelievable Plot

by | Dec 6, 2010 | Towing

When Barnes & Noble announced it was looking for a buyer, we entertained the fanciful notion that struggling rival Borders might put in a bid. As absurd as the idea was, that buyout offer has been made. Here’s why it has virtua…

Why Borders’ Buyout Bid for Barnes & Noble Has an Unbelievable Plot

by | Dec 6, 2010 | Towing

When Barnes & Noble announced it was looking for a buyer, we entertained the fanciful notion that struggling rival Borders might put in a bid. As absurd as the idea was, that buyout offer has been made. Here’s why it has virtua…

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