Borders Books going bust

[Who Cares]

Found out today they are closing the store on 21st and the B.A. and leaving town for good.

[Conan71]

Found out today they are closing the store on 21st and the B.A. and leaving town for good.

That wasn't part of the original plan, I believe they were going to close 81st & Yale and leave this one open.

[Who Cares]

It's on their updated list of closures released today: http://www.bordersreorganization.com/Reorganization_Closure_List_3.17.pdf

[Conan71]

I hate to see that, it was convenient and...hmmm.... usually pretty quiet.  Might be a good reason for it closing then

[dbacks fan]

Here is the latest list of all the stores from WSJ

http://online.wsj.com/public/resources/documents/BordersClose.pdf

http://blogs.wsj.com/deals/2011/03/17/borders-closing-more-stores-heres-the-list/

[SXSW]

It will be interesting to see if Barnes & Noble or Books-A-Million takes its place.  I saw they shuttered their OKC store too but looks like Norman is staying open for now.  That will be the lone Borders in Oklahoma..

[Conan71]

It will be interesting to see if Barnes & Noble or Books-A-Million takes its place.  I saw they shuttered their OKC store too but looks like Norman is staying open for now.  That will be the lone Borders in Oklahoma..

I don't see any reason for either of those retailers to move into the space.  The B & N and Borders business models in their stores is imperceptible to me, so my assumption is apparently there's more brick and mortar book retailers than needed in the market. 

[RecycleMichael]

WHAT? THEY ARE CLOSING THE BORDERS?

How will I get the good tequila and Canadian Bacon?

[dbacks fan]

WHAT? THEY ARE CLOSING THE BORDERS?

How will I get the good tequila and Canadian Bacon?

For the tequila, I have this friend, and he......... maybe I should talk about this later 

[Teatownclown]

You may like what happens on Yale.

21st is a little more difficult. Great visibility and demographics but 2 stories and access issues.

Locals picked up both locations recently from a REIT or a TIC.

[SXSW]

You may like what happens on Yale.

21st is a little more difficult. Great visibility and demographics but 2 stories and access issues.

Locals picked up both locations recently from a REIT or a TIC.

Both locations have good access/visibility and demographics.  Some of the wealthiest neighborhoods in Tulsa are within a square mile radius of each location.

[Conan71]

You may like what happens on Yale.

21st is a little more difficult. Great visibility and demographics but 2 stories and access issues.

Locals picked up both locations recently from a REIT or a TIC.

So, you think there might be a plan for 21st or will it sit vacant and rot for 5 years?

[BKDotCom]

I don't see any reason for either of those retailers to move into the space.  The B & N and Borders business models in their stores is imperceptible to me, so my assumption is apparently there's more brick and mortar book retailers than needed in the market. 

http://www.boingboing.net/2011/03/15/why-borders-failed.html

* "To provide one example, a lower ranked title that sells out in a B&N will be replenished from a central warehouse within 2-3 days. The same process could take up to 16 weeks for Borders"
* I'm not aware of a Border's Nook or Kindle
Border's online store:   let's use Amazon.com to do it for us..  kinda like IBM using Microsoft to develop competing OS   ... gee, why did OS2 fail
* etc

[SXSW]

I would love for the 21st location to remain a bookstore, maybe Books-A-Million would want to open a second Tulsa location? 

Not likely but a local bookstore with cafe would be cool.  Something like the Tattered Cover in Denver:
http://www.tatteredcover.com/

[dbacks fan]

I actually spend more time in this place http://bookmans.com/ then B&N. Have done a lot of trade in with them, and it's nice to have a choice of store credit or cash.