The book-seller Borders may become the first casualty of a changing publishing industry. According to reports, the company has been delaying payments to book publishers in order to help refinance its debt.
Borders is the second largest book retailers in the U.S., after Barnes & Noble, but even so, Borders says “there can be no assurance” that these refinancing efforts will be successful in keeping the company afloat. …
Why?
… It isn’t simply a downturn in the economy or in the publishing world that has put Borders in trouble. Unlike Barnes & Noble and Amazon, Borders has not built its own e-reader hardware. …
As Borders Struggles to Pay Its Bills, Will It Be the First Casualty in the E-Reader War?
related – Barnes & Noble says e-books outsell physical books online
Rick McCharles 
I gave Abby an e-reader for Christmas, already loaded with 100 classics, and an allowance of $25/month to buy new books. The price at Chapters ranges from $7 to $11, so that’s two to four new books every month. It’s like having a bookstore right in our kitchen, which is brilliant, because it takes an hour to drive to the real one. Now I can’t get her nose away from the little screen. She complains about her stack of heavy school texts, and wishes she could tote them around as easily. Someday, she will, I expect. I persist as a dinosaur, however, scouring the bookstores, new and second-hand, for all the non-electronic versions I can find about Cape Breton. Talk to you soon, Anne.
I’m at U of Sask right now. None of the students can get all textbooks on Kindle or iPad yet.
But in a year or two I expect it will be the norm.