Posts Tagged ‘borders’

The wisdom of a seven year old

June 15, 2011 2 comments

Sometimes the wisdom and clarity of a seven year old makes me stop and think.  My daughter and I were talking about her future and what she wanted to be when she grows up this past weekend.

I too was surprised

She mentioned that she wanted to open a book store.  Her love of reading has blossomed over the past year and she reads everything she can get her hands on right now.  She is currently reading Stuart Little and a Star Wars trivia book.  She can thank her Dad for having both of those lying around.

As the discussion progressed I stated in all of my wisdom that a bookstore might not be the best business to open in the future.  Large books stores like Border and Barnes and Noble are currently going through some tough times and are failing.  I also added that most people may read books on an electronic device in the future like a Kindle or Nook.

She thought about my genius laden insights for a second and simply said, “Kids probably won’t have a Kindle.  They’ll still need books.”  She’s right.  She’s absolutely right.  It’s going to be hard to replace children’s books because kids need those thick, colorful pages to gnaw on and have read to them at night.  Children will still need books.

What glaringly obvious facts are you overlooking in your everyday life?  If you’d like to know, my daughter will be available for a consultation.  It won’t be cheap.  Bring your check book.


3 reasons why Borders is broke

February 17, 2011 5 comments

Borders filed for bankruptcy yesterday.  They will close 200 of their 642 stores over the next few weeks.  That is roughly a one third reduction of their brick and mortar stores.  Ouch.  I’ve heard that the last card to fall is payment to creditors when a company is ailing.  It would seem that for the last month or so Borders had delayed payments to their creditors.  The writing was on the wall.  It was the death rattle if you will.  They may be able to recover but they are pretty sick and in need of reorganization. 

Those are some old books. Where are the new ones?

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