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Yes, lots of good stuff there. Thanks for the link. Borders is a victim of the corporate model. Growth for growth's sake. Investors aren't interested in a company that makes 10% a year, they are interested in companies that grow 10% every year. Sustainability is lost in that game. As the article states, "industry observers characterized the company as grasping for growth." Starbucks did this and had to scale back stores. In the book business though the large dollars sunk into inventories and into long-term leases really sank Borders.
I still love going to my bookstore. Even though all I have for options for new books is a Chapters and a small Coles in one of the malls here. I worry about them disappearing even though they are busy and profitable.
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