Tuesday, July 19, 2011

Borders Closing

The consensus in literate quarters
On the shuttered locations of Borders
Is now that the name
Of this publishing game
Is e-book and internet orders.

Only months after filing for bankruptcy, Borders book stores announced that they would close for good. Attempts to find a private equity savior proved unsuccessful, against a backdrop of a changing industry, increasing prevalence of e-readers such as the Kindle and Nook, and a fitful US economy. As a "bookseller selling just books," Borders has found it impossible to compete in this new era.
Posted by Dr. Goose
Labels:

3 comments:

  1. Atlas CeriseJuly 19, 2011 at 11:27 PM

    Borders is closing? How sad.

    In hindsight if only they'd had

    The power to see

    That books need to be

    On Kindle and Nook and iPad.

    ReplyDelete
  2. Dr. GooseJuly 20, 2011 at 7:46 AM

    A wonderful addition to Rhymes by Readers -- thanks!

    ReplyDelete
  3. Madeleine Begun KaneJuly 25, 2011 at 6:59 PM

    Well said. It would be funny, were it not so sad.

    ReplyDelete

Subscribe to: Post Comments (Atom)

Popular Posts

  • Student Loan Blues
    "Though college, I felt, was a sure thing, As of now, unless gold I'm unearthing, To pay off my loan, I'll have to postpon...
  • Over-Hurd at an HP Board Meeting
    "After proofing each check and gratuity,  We've determined beyond ambiguity:  Your expenses look funny,  If none of this money  ...
  • The $37 Billion Question
    Said a Harvard professor of econ, "That Google's got something unique on: They have cash by the score, Yet still borrow more; T...
  • Powerball
    I'm buying a Powerball ticket (Or several, or even a thicket), In hopes I may win A billion bucks in The unlikely case that they pic...
  • Fed's Letter to Deutsche Bank
    "In reviewing your earnings per annum, We're less than impressed, and we pan 'em. The bank may have gains, But this letter ...
  • Consumption Be Done About It?
    The US has always depended On a rate of consumption that's splendid, By consumers for whom The means to consume  May soon have them over...
  • A Bad Trade
    The economy once ago sank From abuses at many a bank, Which Congress attacked In a really big act That went by the name of Dodd-Fran...
  • March Productivity Madness
    Economists show the proclivity Toward lamenting the lost productivity When Americans cling, From the first day of Spring, To basketball ...
  • Piqued by Oil
    The price of petroleum's slacking With all of that pumping and fracking Maintaining supply At a level so high, While demand, at...
  • Lulled by Fuld?
    Said the Lehman bankruptcy inspector Of the repo transactions that wrecked 'er: "The Feds, who were looking At books that were ...