Quote:
Originally Posted by Andrew H.
And part of the problem is that Borders and B&N massively over-expanded in the 90's/early 2000's. There are a lot of locations with a Borders and a B&N within a half-mile of each other - just closing down one of those competing shops would do a lot for the bottom line of the remaining shop.
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Absolutely true.
And there are lots of locations with large afluent popuations with neither.
It's like they both took a look at each other's sites and decided to try to kill each other by making their own stores unprofitable. They chose they newest sites based on how much they could damage the other rather than by market needs.
Basically, they're locked in a staring contest, daring the other to blink...
...and they're standing on the deck of the Titanic...