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Borders to close

Jul 19 2011: The final death knell for Borders in the USA sounded yesterday as the company said its remaining 399 stores would begin winding down in three days' time. The store-closure program will last until September and its 10,700 employees will be made redundant.

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Follett Corp, which manages 850 college bookstores, for sale

Jul 18 2011: Follett Corporation, the private River Grove, Illinois-based educational publishing company, is in the midst of a sale process, as reported by The Financial Times.

The group manages about 850 college bookstores and provides services to about 1,800 independently run ...

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Some or all of remaining Borders stores to be liquidated by Nov 13

Jul 15 2011: Yesterday, The New York Times reported that embattled bookseller Borders is likely to face liquidation after a committee of its unsecured creditors rejected a buyout proposal from private equity firm Najafi Cos, on the basis that Najafi would be getting the assets too ...

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Growing UK opposition to Amazon & Book Depository merger

Jul 15 2011: In the UK, the Publishers Association has united with the Independent Publishers Guild for the first time to oppose the merger of Amazon and The Book Depository, while calling for a wider public investigation into the competition between the online and bricks and mortar...

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Google launching first ereader this Sunday

Jul 12 2011: Google has teamed up with iriver to launch the first e-reader to be integrated with the Google e-books platform. The iriver Story HD will go on sale at Target on Sunday July 17 priced $139.99, the same as the Kindle.

It will have wi-fi and a six-inch e-Ink screen ...

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Amazon pushing for a sales tax referendum in California

Jul 12 2011: Amazon says it will ask California voters to overturn a state law requiring large companies with operations or affiliates in the state to collect sales tax. It is hoping to seek a referendum vote as early as February, which is more than likely to trigger an expensive ...

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Amazon to buy Book Depository

Jul 05 2011: Amazon.com is purchasing the Book Depository, a UK online bookstore that ships for free around the world and, in some parts of the world has become a significant competitor to Amazon. The U.K.'s Office of Fair Trading will determine whether the purchase will lead to "a...

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NY Public Libraries saved from cuts, all libraries to stay open

Jul 01 2011: The New York Public Library has been spared by massive city budget cuts. Following protests by New Yorkers, $36.7 million of the proposed $40 million in cuts have been restored for fiscal 2012.

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Theo of Golden by Allen Levi

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