Always strive to learn something useful. --Sophocles

Apparently they're having severe financial problems and collapse is just around the corner, likely to be bought out by Barnes & Noble. I seem to recall reading about the closure of a Borders in someone's blog, I think Felisdemens, and I was quite surprised.

Many years ago, there were two major bookstore chains in Phoenix, they evolved into Borders and Barnes & Noble. Though I always felt that Borders had the better selection overall, I never liked the feel of the stores. I've yet to identify exactly what bothered me, and this is not to say that I go into throes of ecstacy when I walk into B&N, it's just that Borders has never been my primary destination. Dunno why. So now most of the mom & pops have died, though they seem to be making a bit of a come back, and now one of the majors is about to die. I wonder if Amazon might make a play for them.

http://blog.wired.com/sterling/2008/03/giant-bookstore.html