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Trying to exit bankruptcy as quickly as possible, Borders (BGPIQ.PK) will lay out its growth...

Trying to exit bankruptcy as quickly as possible, Borders (BGPIQ.PK) will lay out its growth plan today to an unsecured creditors committee. The company will reportedly project relatively flat revenue growth in 2011 and 2012, but expects significant growth in e-books.
Comments (2)
  • BlueOkie
    , contributor
    Comments (6460) | Send Message
     
    Sell the brick and mortar.
    6 Apr 2011, 09:00 AM Reply Like
  • Duude
    , contributor
    Comments (3394) | Send Message
     
    I usually buy books online due to the reduced cost, yet I still enjoy browsing through book stores. I don't think I'm very unusual in that respect. That probably sizes up the conundrum of the book store industry. The book store industry will see a thinning of their ranks but their presence is essential for publishers. Publishers need to realize they need a physical presence on book store shelves if they want to sell books anywhere near the level they sell them today. If the brick and mortar stores totally disappeared, online sales would likely decline over time.
    6 Apr 2011, 10:04 AM Reply Like
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