Borders epilogue: 'Perpetual crisis'

Borders epilogue: 'Perpetual crisis'

There are 1 comment on the Detroit News story from Sep 14, 2011, titled Borders epilogue: 'Perpetual crisis'. In it, Detroit News reports that:

Mike Edwards, the then-chief executive of Borders Group Inc., spent Christmas Day in Florida.

Join the discussion below, or Read more at Detroit News.

Red Hamer

Chester Springs, PA

#1 Sep 16, 2011
I spent all of the Christmas season 2010 selling
and autographing my coffee table books at the
Exton Square Mall Borders store 1712 in Exton, PA.
As I told the manager, Laura Scheibinger, "I'm
going to try and break my previous Christmas record
there of 175 books sold." Borders did not buy a single book from me. Every day and night I set up my table and chair and signage in front of the store, sometimes working 12 hours. I supplied all of my books and when a customer bought them they ran them through the store cash register. The store would eventually get 40 percent of the gross as usual. Well I really broke my record, this time selling 314 books, and Laura told me later that
my sales helped to keep their store profitable through the season. Problem was, Borders went
bankrupt and I haven't received one red cent. In the meantime my house is in foreclosure. For 30 years I hAve managed to make a living selling my books, blasting my way through recessions in 1981 and 1991 and the dip caused by 9/11/01. But this
recession, the bankruptcy laws and this administration which would rather bail out banks and union dominated car companies rather than book stores, finally did me in. Welcome to the world of
sole proprietorship, self reliance and the American
dream gone bust.

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