Borders Going Under

Borders filed for Chapter 11 bankruptcy protection this morning, after rumors surfaced in early January, announcing it would close about 200 of its 650 or so remaining stores. Don’t really know how it can compete with Amazon and Barnes & Noble, which have remained relevant with their ebook readers. Also? Other revenue streams.

Still, I would imagine B&N having to close, or scale back, many of its giant book stores in the future.

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