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Originally Posted by queentess
Circuit City filed for chapter 11 originally. So did Linens n Things. Many (sorry, I can't find a stat) business that file chapter 11 eventually go on to chapter 7. Quite frankly, I don't see Borders being able to pull itself out of the death spiral it's in. It's too late for it to make a comeback, and there's too much against it.
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you are probably right, but you never know. Many wrote Kmart's obit prematurely. Hearing similiar song and dance, "No way could they survive with rise of Walmart etc"
, with some closing up some stores that are bleeding money and restructuing you never know.
But I would guess even if the day came all their physical stores closed, they would still go on as an online ebook store.