photo by Shannon Stapleton/Reuters
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BORDERS BE GONE
Remember music stores, where you could buy albums by your favorite bands? Yeah, we barely do too—and soon, big chain bookstores may go in a similar direction. In September, Borders Books and Music announced that it would close its remaining 399 stores and liquidate all of its inventory. Certainly the changing way Americans buy and read books had a hand in Borders’ decline, which had last made a profit in 2006; competition from Barnes and Noble and Amazon.com also chipped away at the chain’s growth. At least we still have the NYPL.
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