Monday, August 22, 2011

The End of a Great Bookstore

All good things must come to an end. Borders main store is closed after 13 years in operation. Borders is the first superstore in books and usher in a new era in book scene. The neighbourhood bookstores all went belly up. MPH and Times have to revamp and until today is still struggling. In the end, poor management and leadership in Borders parent company in US causes the inevitable decline and now demise of a great bookstore. While leadership keeps blaming Amazon.com, e-books and everything else and never looking at themselves. Kinokuniya is thriving in the same environment. We know the real reason for Borders closing shop.

Now, we are left with only Kinokuniya. MPH and Times are a distant second.

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