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R.I.P. Borders

Filed under: Legal MattersR.I.P.Sad SadBusiness Blitz

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Wow. And just like that, it's gone.

After filing for bankruptcy in February and failing to generate interest in an auction yesterday, Borders Bookstores will close 400 of its locations nationwide, and will lay off 10,700 employees.

According to President Mike Edwards:

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Barnes & Noble Becoming Part Toy Store?!

Filed under: Business Blitz

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We understand that this is a reality of changing times and a bad economy, but still - it seems like such a shame!

Barnes & Noble is attempting to adapt to the decline in print book sales by incorporating 3,000-sqaure-foot play areas for children, which will feature educational toys and games.

Although the addition is only being tested in specific stores for now, it will be implented across the country if it receives enough positive feedback.

However, don't expect a regular toys store, as CEO William Lynch explains:

"We're not trying to create Toys R Us."

Instead, the stores will feature Lego products, as well as trailer sets by Automoblox, and the "Me to You" line of plush dolls, to name a few!

What happened to the days when kids were excited to read? They're missing out on so much!

Sigh.

What do U think?? Is this a smart move for Barnes & Noble??

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