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    Borders' website suspends book sales

    news.bbc.co.uk/1/h…stm

    The website of the Borders bookshop chain in the UK has stopped taking new orders for books while "the business is in discussion with potential buyers".

    The firm says that existing customer orders are also being delayed but will be fulfilled.

    The Borders Entertainment part of the site - which sells DVDs, CDs and electrical items - continues to operate as normal.

    Some publishers are also reported to have severed links with the retailer.

    When customers try to order a book on the website they receive a message saying: "Sorry, title cannot be purchased".

    Reports have suggested Borders does not have enough cash to last until Christmas. It is thought it could go into administration if no buyer is found.

    Talks with WH Smith reportedly collapsed last week.

    The chain, which also owns Books Etc, has suffered from increased competition from online retailers, such as Amazon, as well as supermarkets.

    Borders was originally owned by the US book giant of the same name but was sold in June 2007 to Risk Capital Partners.

    Risk Capital then sold it on to the private equity firm Valco earlier this year.

    6 Comments

    and...........................?

    Original Poster

    Thought it might be of interest to some members, especially is they have ordered books from Borders recently .

    luckyjim;6987609

    Thought it might be of interest to some members, especially is they have … Thought it might be of interest to some members, especially is they have ordered books from Borders recently .



    I went into one of the stores last week, they had a lot of books on buy one get one free - this explains it

    Just bought a friend a £50 gift voucher hope they honour it.

    abacus;6991638

    Just bought a friend a £50 gift voucher hope they honour it.



    I heard today that they will go into administration today and trade for possibly a couple of weeks more so your friend may want to spend their voucher soon

    Banned

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    fireheaven;7013231

    I heard today that they will go into administration today and trade for … I heard today that they will go into administration today and trade for possibly a couple of weeks more so your friend may want to spend their voucher soon



    Very soon - they won't accept vouchers during administration - its a total con, but the law states they can't - its a debt like everyone else.

    I actually think Borders have some really nice shops - just no one ever in them.
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