Supposedly, Borders needs $50 million in additional financing to emerge from its restructuring – and this in addition to the $505 million “debtor in possession” loan they already have access to. Their fear is that, following closing over a third of their stores, their annual sales will drop to half of what it was just two years ago (has the ebook revolution really moved so quickly?).

It’s been almost a week since I gave up on Borders and my anger is starting to fade. I still hope they succeed in surviving and I will still browse their shelves and even sometimes purchase something  from them when I find myself near one (which happens fairly often; my better half often shops for business supplies next to a Borders and I often drive her there, which means I meander over to see what’s new on their poetry shelf).