4 Reasons Not to Wait to Use Your Gift Cards
A judge ruled last week that customers with unused Borders gift cards are not entitled to compensation. It's a good reminder that you should use or sell your cards right away.
A judge ruled last week that customers with unused Borders gift cards are not entitled to compensation. It's a good reminder that you should use or sell your cards right away.
NBarnes & Noble's first high-definition tablets, unveiled on Wednesday, were well received by analysts who said the devices keep the bookseller in the fight with Amazon.com, Apple, and Google -- for now.
Here are a few things that will shape the week ahead on Wall Street: Microsoft will show off Windows 8 tablets; Tesla's hot Model S will reach buyers; Cricket gets the iPhone; Barnes & Noble opens its books; and Bed Bath & Beyond turns back the covers on earnings.
Recently, we've bidden farewell to Borders, Circuit City and Linens 'n Things. Here are five more once-thriving chains that are probably doomed thanks to lousy management or just being in the wrong business at the wrong time.
This isn't how Barnes & Noble wanted to write its final chapters. The liquidation of rival Borders this summer should have been an opportunity to grab market share, and it's Nook e-reader should have kept it relevant. Instead, a price war is exposing the retailer's financial shortcomings.
Following Chapter 11 bankruptcy, Borders now plans to liquidate its remaining stores. But there's a bright side to the big box bookseller's death: Its long and tragic tale provides plenty of fodder for investors. Use these lessons to ensure that your future investments have a happier ending.
Liberty Media, the conglomerate controlled by John Malone, made a $1 billion bid Thursday to buy Barnes & Noble. The bricks-and-mortar bookstore business is declining everywhere, so for Malone's gamble is to pay off, the Nook will have to gain some ground against Apple's iPad and Amazon's Kindle.
Retailers are getting back to business after the recession and showing stronger earnings, making them attractive targets for private equity investors -- and each other.
Should the deeply troubled Borders chain close, publishers will survive just fine. But for authors who don't have instant name recognition with book buyers, the loss of an outlet with scads of shelf and floor space is a serious blow. Plus, it's one less place where authors and readers can connect.
24/7 Wall St. recently looked at a number of large American companies, some of which are owned by foreign companies, to see which will disappear in 2011. It didn't take long to come up with a list of familiar names such as Sara Lee, Office Depot, Borders, E*Trade and five others.
Barnes & Noble had its best holiday season in over a decade with store sales up 9.7% over last year, and online sales soaring a whopping 67%.
The country's second-largest book retailer had been counting on a Christmas miracle to rescue it from deep financial doldrums. But the holiday season played Scrooge instead. Now, confronting a liquidity shortfall, a bankruptcy seems more likely than ever.
Holiday sales are historically make-or-break for many retailers, and every year, several break -- and even go out of business. Others make large cuts in their store numbers and employees. 24/7 Wall St. combed through the numbers and spotlights 10 retailers that won't look the same next year -- if they're even around.
The country's second-largest bookstore widened its third-quarter loss to nearly double that of a year ago. Even worse, the estimated value of its inventory has declined, making it harder for Borders to borrow money. Will the company find a way to transform itself?
When Barnes & Noble announced it was looking for a buyer, we entertained the fanciful notion that struggling rival Borders might put in a bid. As absurd as the idea was, that buyout offer has been made. Here's why it has virtually no chance of succeeding.

























