Book chain Borders sales are looking bleak and the company is apparently not paying publishers. The company is down two-fold over last year and, although some talks point to a potential Barnes & Noble merger, nothing has been finalized.
Sadly, Borders came late to the ereader party and is currently suffering for it. With Nooks and Kindles flying off the shelves, the Kobo is losing ground quickly. Here’s hoping something restructures them enough to survive the next year.