In previous posts, I’ve asked the questions What would you do if you were running General Motors? and What would you do it you were running Sears Holdings? (have to note Ralf’s classic comment about the GM question: “I would stop running the company and start just plain running.”)
So, just for fun, today’s discussion question is: If you were the new owner of Borders, what would you do?
As a thought-starter, here’s a WSJ article (registration required) about the chain’s attempt to increase sales by changing the way books are displayed–with the covers face-out. This is less space-efficient, of course, and reduces the number of titles a store can stock. Borders is also planning to locate digital centers in the stores–these are for downloading books and music, printing digital photos, etc. They are also terminating their relationship with Amazon, choosing instead to operate their own online ordering system.
Disclosure: I’m a current Barnes & Noble shareholder–I was once a BGP holder, but fortunately got out at about $19.