Wednesday, February 23, 2011

Borders is bankrupt: "No worries!"

The other day, I made my way through the crowds of people picking over the remains of the local downtown Borders book store. I saw a floor manager standing near the entrance, and told him I was sad to hear the store was closing.

As I spoke to him, I remembered the huge to-do about this store when it opened: protests, recriminations, nervousness. There was a lot of worry that Borders would become an overwhelming force driving out all indie bookshops. Now it turns out that Borders itself is a casualty of more overwhelming market forces.

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