Closing down sales begin at Borders

Digital books proved to be the final frontier for Borders

Borders bookshops across the United States, 399 of them, began liquidation sales on Friday as the pioneer book superstore chain announced its closure after 40 years in business. It is a victim of the Internet, particularly of the booming business in digital books and electronic book readers, falling too far behind Amazons Kindle and Barnes & Nobles Nook to compete. Borders boss Mike Edwards also blamed a changing book industry and an overall bad economy, adding, We put up a great fight, but regrettably, in the end, we werent able to overcome these external forces.

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