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Borders Bankrupt, Kobo Alright

February 22, 2011

The major bookstore chain Borders has filed for bankruptcy, and is closing stores all over the country. This is interesting because I was just reading an article (which I can’t find a link to now) that was talking about how bookstores could be facing a lot of trouble now that it’s so easy to buy books online. And not necessarily ebooks, either — paper books can be purchased online too, obviously, and when you can get free shipping and not have to drive to a store, it’s often a nice option. Of course, I don’t know what exactly is causing Borders to go bankrupt, or whether online sales has anything at all to do with it.

Some good news is that Kobo seems to be doing alright, and should be sticking around. I found some info in this article, and there are others. Kobo eReaders could be purchased at Borders stores, and Borders was their main supplier. Kobo says that they have other suppliers and are seeking more, and that you shouldn’t worry if you own a Kobo eReader. You should start to buy your ebooks directly from their website at kobobooks.com or other ebook stores that sell PDF or ePub ebooks.

And again, it’s another bit of news that shows that ebooks are now selling better than paper books, at least in some cases. It reminds me of all the trouble created for the US Post Office now that so many documents are sent by email instead of postal mail. It’s just the way things are now. It doesn’t mean that all bookstores will go out of business, but it does mean that they will need to develop their businesses to include electronic books if they want to remain competitive.

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From → eBook News

One Comment
  1. That’s good news! I was wondering what would happen to the Kobo. It would be a shame to see it go so soon after its arrival.

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