Heads Up On Borders

Is the venerable bookstore ready to implode? I guess we'll know soon. Media Bistro and GalleyCat both carried links to the Wall Street Journal report that Borders may file for bankruptcy next week.

Apparently, Borders has delayed payments to just about everybody last month so the prediction is that they'll be floating belly up amidst the other flotsam and jetsam in the economic river of despair.

Since their filing for Chapter 11 bankruptcy protection might happen as soon as Monday or Tuesday, you better get out and spend those Christmas gift cards this weekend.

Wonder if we can chalk this latest business failure up to the rising popularity of eBooks? Maybe. Maybe not. Regardless, I'm sure someone will attribute it to that.

Takeaway Truth

In the words of that philosopher Bob Dylan: "For the times, they are a-changing."