July 20th, 2011
Every Time a Bookstore Dies a Pixel Glows
Borders is dead. The post-mortems abound. Some blame management. Some blame fate. Most just muse. The first Borders store was launched forty years ago by brothers Tom and Louis Borders while studying at the University of Michigan in Ann Arbor. In 2009 Borders had sales of $2.8 billion from over 500 stores and nearly 20,000 staff. I’d call…