Distributor IPG told clients in an e-mail (now cited on multiple websites) that Borders “tell us that they will not be paying us for two months due to anticipated excessive returns.” In the letter, clients were told that for new shipments to Borders, the distributor will guarantee only the actual printing cost of those books, for as long as “there are serious concerns about Borders viability.” IPG president Mark Suchomel tells us that “almost all of the clients” have instructed the company to continue shipping orders to Borders. He notes that “we’ve typically been very conservative and that’s been a […]
