[ 流浪猫与沙甸鱼 ]

                                 
                                                                经过左一年零3个月既饥寒交迫
                                                                      我终于都有个温暖的家
                                                                 请容许我抹一抹敢动的眼泪

http://www.guardian.co.uk/business/2009/nov/26/borders-goes-into-administration

The UK bookshop chain Borders was placed in administration today, raising doubts over 1,150 jobs.

The firm, which has 45 branded Borders and Books Etc stores across the UK, has come under severe pressure from internet competition during the past year.

Administrators MCR said the business continued to trade while a buyer is sought for all or some of the company's stores.

Borders's future has been uncertain for several days since it emerged that a deal to sell some stores to WH Smith had probably collapsed. On Tuesday it suspended orders on its website.

Since July Borders has been owned by Valco Capital Partners, part of Hilco, which specialises in distressed retailers. On Monday a court in Manchester granted Valco's request to start the process of naming BDO as administrators.

Borders's accounts show the company made a loss of £13.6m in 2008, up from £10.3m in 2007. Its auditor, Ernst & Young, raised doubts about its ability to continue as a going concern.

Borders has struggled with "severe" cash flow pressure this year as sales falls accelerated, administrators said.

Stock levels were also hit as several of the company's suppliers stopped or reduced its credit limits, while a number of credit insurers have also reduced their cover for the firm.

Joint administrator Phil Duffy said: "All stores currently remain open for business as normal whilst the administrators undertake a review of the company's affairs and seek a purchaser for all or some of the company's stores in which there has already been interest.

"All outstanding employee wages have been paid up to date and ongoing wages for retained staff will continue to be paid as an expense of the administration."

He added that booksellers in general had been hit in the current weakened retail market, with competition on major releases from supermarkets and the internet.

Borders first opened in the UK in 1997 and was originally owned by the US book giant of the same name.

But the UK and Ireland arm was sold to buyout group Risk Capital Partners - headed by Channel 4 chairman Luke Johnson - in 2007.

Management, led by chief executive Philip Downer and finance director Mark Little, then bought the group back with financing from Valco Capital earlier this year.

昨天晚上走过JUBLIEE BRIDGE  突然想起4年前我曾经在寒冷的夜晚跟朋友在桥上拍夜照
转眼 四年就这样过去了
那时我还蓄着一头长发  穿着一身自认为很酷却搭配不适合的衣服
昨天的我 及肩短发 小鞋 短裙 手执记事本

一个晚上仿佛置身在旋风眼当中
身边的人和物如菠萝油王子开场时春田花花幼稚园外的工程起建与拆迁
往来不绝
时间真的可以改变很多东西
纵然我努力去维持自己是xuanxuan
但是我还是变成了温蒂

妈妈从广州寄来城市画报
今期做的是十年纪念周刊
封面标语是‘你快乐吗’
你快乐吗？
生活的快乐始终是源自于自身对周遭事物的平衡和发现
食色性也