Last January, I asked a question (and gave my answer) in a blog post about E-books vs. regular books. To see that post click here.
"What's the difference between Border's and Tower Records? The answer is simple, Tower Records is history! The big box book stores are soon to follow. There is simply no need for them anymore."
In 2010, Borders closed 30% of their stores. Yesterday, they filed for bankruptcy and announced plans to close all stores by September. It would seem a valid assumption that Borders' primary competitor, Barnes and Noble would stand to greatly benefit from this news. Probably not!
Shortly before Borders announced the closing of 30% of their stores, Barnes and Noble was put up for sale. It's been almost a year and the sale has not even come close to taking place. I'm willing to bet that nobody is going to touch Barnes and Noble with a 10 foot pole.
Just one more nail in the coffin of our beloved hard copy books (unless you are willing to pay a premium). I suppose it could be said that we are already paying a premium.
What do you think about this?