The Internet Strikes Again!: Bankruptcy At Borders

Posted by on February 11, 2011 at 5:54 pm

Gosh darnit, internet, you’ve gone and ruined something else! Whether it was Hulu and television, Netflix and DVDs, Napster and music, or Amazon and its Kindle with tangible books, you’re just up to no good! Well, to be fair, this was pretty much Borders’ fault.

Can you even remember the last time you went to a book store? It was usually the every-other-time store on visits to the mall growing up, but it was always lined with a bunch of junk I would never read (except for those Star Trek and Star Wars tomes filled with illustrations and technical tear-aways, of course). In an age where Amazon – originally set up as an online seller of these physical blocks – is now selling more Kindle books than shippable ones, it’s no surprise that Borders is buckling. Borders built a massive two-story depository at our local mall a decade ago, at a time when it was necessary to include a coffee shop, and it seems that both the fate of the mall and that store are the same: complete irrelevance. The book store operator simply failed to recognize the oncoming wave of digital books that don’t require a trip through a parking lot or food court to acquire.

The Wall Street Journal reports that the filing’s due for arrival next week. Let’s hope they can minimize their losses for the sake of their hourly associates at least. Anyone up for some illustrated tear-aways of Mon Calamari cruisers best step up their game and get down to their local book stores now before it’s far too late! (Or they just do tablet versions, hrm.)

Credit: Wall Street Journal

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  • I believe that as more and more people adopt the new technologies; i.e. Audio books and e-books more and more paper-book stores are going to start to falter. Of course, there’s a way to keep the brick and mortar stores in play but…I’m not going to spill my beans just yet.

  • Dad

    I go to the book store maybe twice a month. There are some folks out there (like me) who aren’t going to stop buying paper books anytime soon. I have two books on order from right now. I don’t approve of Kindle or e-books. There’s something about a book that’s missing from that electronic format.

    • It is funny, is it not, how we have such sentimental feelings for something inanimate? We went through the same thing with CD’s VS. Vinyl records when they first came out. I can’t see that there’s something missing other than the act of turning a page…When it comes down to it, it’s all just printed words, no matter what media they’re printed on.

  • Johnny

    I like going into bookstores and browsing the titles, picking up the books and reading the back cover, that sort of thing. For me, it’s all part of the discovery of finding a new book. But I haven’t actually bought a book from a bookstore in a long while – all of my reading these days is done via listening to audiobooks.