This is just terrible. So many near me are closing. Very sad indeed. They already closed the one in my town a few years ago and I miss it bitterly. It’s not as though there were any independent booksellers to take the place of Borders, and it’s a long aggravating drive over to the Barnes and Noble store. That means there are likely to be far fewer impulse buys of books and magazines. Everybody loses.
It’s too bad they weren’t able to devise some way to reposition themselves, but perhaps only a repositioning of society as a whole could have saved them.
People are transitioning to e-books very, very quickly.
That’s the next (actually, current) boom.