Wednesday, February 16, 2011

For Your Notificiation: Borders Files Chapter 11 - Be Afeared

There's a big bookstore chain in a bit of trouble right now.

On a personal note from Ali: I can't say this is a surprise, as I worked for Waldenbooks for 4.5 years, and Waldens was owned by Borders. It's mind-boggling, though, when you look at how much money Borders owes to publishers. Looking at those numbers should make you concerned about your neighborhood independent store. When big chains like Borders aren't paying their bills, the indie stores end up paying for it.

Just a thought.

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