RIP, Borders. From a letter by the company president to employees:
The truth is that Borders has been facing headwinds for quite some time, including a rapidly changing book industry, eReader revolution, and turbulent economy. We put in a valiant fight, but regrettably in the end we weren't able to overcome these external forces.
[. . .]
For decades, our stores have been destinations within our communities
Comments
There is a parable here. Border's Book Stores can't make expenses. So they're closing all their stores. It's what happens in the real world. The US Government can't pay its bills. So we must start closing agencies. If only our government was in the real world.