I’m not surprised but I feel deeply for the 11K workers who are losing their jobs. Borders Books closing: http://ht.ly/5HBt8 (via Atlanta Journal Constitution).
It’s the end of an era, but I feel strongly that all this began with the returns policy that has crippled the industry for decades. The returns policy made this inevitable. And Barnes & Noble needs to watch out or it will happen to them too.
Yes, E-books are coming–and rightly so–but there are many ways that bookstores can take a piece of the E-book pie, if only they would start accepting the whirlwind of innovations that are now exploding on the publishing scene.
My publisher and I are going to make use of some of these new innovations and I’ll keep you all posted on how they are working for us.