Books In Trouble
Borders Bookstores are closing. The boxstore that was started by the Borders family back in the seventies is closing 200 stores...one about half a mile from our house in Sarasota. I signed there two weeks ago. 
The manager told me she was profitable and they had assured her she was not on the chopping block. In this high-tech fast paced, electronic, wireless, instant information world that we live in, Borders didn't keep up. They didn't develop the Nook or Kindle. They were slow to get out of the CD business and the DVD sales as companies like Netflix absorbed that share of the market. They failed to adapt to the fact that readership of books is down by five percent in the last year, and the bookstore business is moving to accessories, games and gift items. It's a tough time for the industry. Publishers, retailers, writers, we're all questioning where it will go and how long it will take to get there. Every day brings a new surprise. All I'm sure of is...there will always be story tellers and there will always be an audience for those stories.


