Borders is closing

Jul 19, 2011 16:46

Borders decides to liquidate...

“The Borders Group, the bankrupt 40-year-old bookseller, said on Monday that it will move to liquidate after no last-minute savior emerged for the company. . . . The news exposed one of publishers’ deepest fears: that bookstores will go the way of the record store, leaving potential customers without the experience of stumbling upon a book and making an impulse purchase. In the most grim scenario, publishers have worried that without a clear place to browse for books, consumers could turn to one of the many other forms of entertainment available and leave books behind.”

This article seriously makes me want to cry. The only good news in this article is that independent bookstores might be getting the customers from Borders, but still, the idea that bookstores might disappear in my lifetime is tragic.

books

Previous post Next post
Up