Borders "closes the book" -- Jeffrey Brown (Newshour PBS take on demise of Michigan corporation)

from www.pbs.org/newshour -- The Borders stores are closing as of July 2011:

From humble beginnings -- the first Borders, a used bookstore, opened in Ann Arbor, Mich., in 1971 -- the company became a pioneer of the big-box bookseller concept.

Borders Prepares to Close Nearly 400 Bookstores
At its peak in 2003, Borders had more than 1,200 stores around the country, each with thousands of new titles. The company says a host of factors led to its demise, including the turbulent economy, the move away from brick-and-mortar stores to online retailers, and the rise of e-readers, like Amazon's Kindle, Apple's iPad, and the Nook of rival Barnes & Noble.