Worrying news (UK)

[la_marquise]

Borders UK is going into administration.
There goes one of the few booksellers we have locally who still stock substantial amounts of backlist and of US as well as UK paperbacks. (I know Borders aren't perfect, but since Heffers was gutted by the Evil From Oxford, and since Waterstones decided they were bestseller focused, Borders have been the best chain we have in Cambridge, at least.)
http://news.bbc.co.uk/1/hi/business/8380268.stm

Evening edit: it's now even more complicated, as the administrators have pulled out citing a 'conflict'. http://www.guardian.co.uk/business/2009/nov/26/borders-books-set-administration

Comments

[shui-long.livejournal.com]

The BBC report has been updated, naming a different administrator (MCR). But the clear implication is that they're looking to sell off individual stores, and there aren't likely to be many buyers, which looks like very bad news for the Cambridge (and Oxford) Borders.

[http://users.livejournal.com/la_marquise_de_/]

Thanks for the update. It is worrying. I'll miss them if they go.