According to Bloomberg, Borders is inching towards bankruptcy, to the surprise of no one. They are looking to file next week and close as many as 150 stores along the way.
On our own reconnaissance mission, we went to the Borders nearest us on Second Avenue to check out conditions on the ground. There was a bit of a hush in the store — possibly of the pre-ice storm variety — and employees were standing around talking in hushed tones — what COULD they have been talking about.
We happened to look at the GN section of our local store — it was good sized, taking up both sides of two full-sized aisle racks. Every publisher was represented, but Viz, Marvel and DC probably more than anyone. (Yen and TokyoPop as well on the manga side — and even MIA publishers like DMP.)
Since all three publishers have mainstream book distributors — Simon & Schuster, Hachette, and Random House, respectively — they would perhaps be in a better position to weather the returns and lost revenue. Maybe.
Personally speaking, we’d be very very sad if our Borders closed. It’s got a Seattle Best Coffee inside and free Wi-Fi, and whenever we need a book, it’s where we go. It’s been a part of life in the nabe for a decade…but increasingly less so, alas.
Heidi MacDonald is the founder and editor in chief of The Beat. In the past, she worked for Disney, DC Comics, Fox and Publishers Weekly. She can be heard regularly on the More To Come Podcast. She likes coffee, cats and noble struggle.