[lbo-talk] Fahrenheit 451 :Analysts: Borders may have trouble surviving bankruptcy

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Thu Feb 17 08:58:58 PST 2011

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The future society with no books...is here. The Market is abolishing books, not government.

February 17. 2011 10:27AM Analysts: Borders may have trouble surviving bankruptcy Jaclyn Trop and Melissa Burden / The Detroit News

Borders Group Inc., the once cutting-edge Ann Arbor bookseller that built its reputation on being a source for obscure titles before helping to popularize book superstores, filed for bankruptcy Wednesday after failing to keep up with the times.

The homegrown company revolutionized the industry with a computerized inventory system in the 1980s, but ignored rapidly changing reading habits in the digital age.

>From The Detroit News:
http://detnews.com/article/20110217/BIZ/102170394/Analysts--Borders-may-have-trouble-surviving-bankruptcy#ixzz1EEhAZci9

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