Magazine article Library Administrator's Digest

Borders Closing

Magazine article Library Administrator's Digest

Borders Closing

Article excerpt

While at my beach house in Ocean Park, ME, each summer, usually make several trips to the South Portland branch of Borders for reading material. I was there a few days ago and bought a paperback for $7.99. (Hey, I remember when a hardback was $2.95. Of course, in those days my salary as a professional librarian was $3,583.)

The next day I received an e-mail from Borders that the store was closing and everything was discounted 40 percent. Along with another e-mail from the Borders CEO explaining that he was sorry, but they had done everything they could to avoid closing. One of the factors he mentioned was the growing use of e-books sold online, presumably from Amazon.

Yesterday on the beach I noted a young woman reading a book on her Kindle.

I'm not sure that the increasing use of e-books is the primary reason that Borders is closing - they have apparently made some bad business decisions over the years. But I've heard that Barnes & Noble put themselves up for sale some months ago. …

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