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BordersDid you know that its exactly a year since Woolworths went in to receivership? Over the last year we have seen MFI, Allied Carpets, The Pier, Adams childrenswear, Empire Direct electrical, Blooming Marvellous, Elvi, Mosaic, Hurrans Garden Centres, Apollo 2000 and Coffee Republic among others all go in to administration. Only a couple of weeks ago Threshers became the latest retailer to give up the struggle Today, on the anniversary of Woolworth's demise Borders bookshops have gone in to administration. The two chains couldn't be more different. Woolworths had a diverse range of goods from toys to household cleaners to CDs all of which it sold on the strength of price. Borders was an expert. Its staff knew their stuff and the service was exceptional. Supposedly the combination of Amazon, supermarkets and the current economic conditions were too much even for their expertise Lets hope that this is the last big casualty of this recession. Its sad when customer service, expert knowledge and in depth ranges are not enough to keep you profitable. Or are we just being romantic?
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