Wednesday, February 16, 2011
Borders Files for Bankruptcy
It's official - Borders has filed for Chapter 11 bankruptcy. The news is all over the net. Does this mean the beginning of the end of mega-bookstores? Barnes&Noble is rumored to be in trouble too. Will this help the Mom&Pop small bookstores? Or are they all destined to go away in favor of Amazon and other online sites? Personally, there's something about spending an hour or so browsing in a bookstore that you just can't get from Amazon. Anyway, here's one of many articles on Border's problems, this one from The NYTimes.