Quote:
Originally Posted by jocampo
Well, I would not blame ebooks either, but they certainly are affecting the old bookstores business model. It is difficult to maintain a brick store (power, payroll, water, maintenance, etc) without selling lot of pbooks.
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Interestingly, Mike Edwards, president of Borders Group,
mentioned ereaders in his written statement:
Quote:
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"We were all working hard towards a different outcome, but the headwinds we have been facing for quite some time, including the rapidly changing book industry, eReader revolution, and turbulent economy, have brought us to where we are now," Edwards said.
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