Books and Guilt–Borders Declares Bankruptcy

Since I have an interest in the book industry (on account of liking books and writing my own), I’ve been following the news about Borders lately, and found the news that Borders filed Chapter 11 just a few minutes ago as I came back to the surface of the internet after a large push on MOROCCO.

Overall, I’m fairly sad about the whole thing.  I never like to see a business close, though I know it’s part of the law of the (consumer) jungle:  you eat or get eaten.  I mostly feel sorry for the employees who will have to go elsewhere for their work.  I’m sure the higher-ups will be fine.  Seems like they always are.

I’ve always liked going to their store–it felt the friendliest and calmest of places here on my side of town.  Yet as I think back, I haven’t bought anything from there in quite a while.  Part of the reason is due to finances. Part of it is catching up on a massive tbr pile that I already have, and yet a third part is no longer feeling like I need to own a copy of every single book I’ve ever read (thus borrowing or library-ing).

So I feel like I have a hand in their closing.  But I know it’s not my fault.  It’s a changing industry, is it not?

Yet that doesn’t really help the little flicker of guilt.  Plus, hey, I like books, so any excuse to buy some, right?

On the other hand, I’ve been meaning to go spend some time (and money) at my indie bookshop just a few blocks away, too, and haven’t.  So then it would become a choice: who to support?  While I’d love to have the cash on hand to do it, I can’t support both.

I need to stop by the store later today, buy something, and mention how much I appreciate the booksellers themselves.

Maybe today needs to be “Hug a Border’s Bookseller day.”

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2 Responses to “Books and Guilt–Borders Declares Bankruptcy”

  1. Chris February 17, 2011 at 9:13 am #

    I too am sad for the employees, especially in this economy, but I can’t say I am sorry for Borders. They clung to an antiquated business model (selling books for more than anyone else) and when that wasn’t working they tried an equally asinine approach of selling movies and cds and bad coffee for more than anyone else. This is simply Broders reaping what they sowed.

    Borders also had a hand in the demise of many indie booksellers. Hopefully in their absence those indie shops will start to thrive more.

  2. R Canepa February 18, 2011 at 6:37 pm #

    It’s an example of capitalism at its harshest: adapt or die off.

    Hope it’s not too late for the indies and that they make good use of the opportunity.