NPR; Digital Divide Propels Barnes & Noble Past Rival:
"While Barnes & Noble was developing the Nook, Borders was already having financial problems, leaving it ill-prepared to make the investments needed to meet the challenges of the digital age.
Michael Norris, an analyst with Simba Information, says some of Borders' problems can be traced back to its leadership.
"They've actually been through quite a few executives over just a short number of years, and every time there's been an executive change, it basically slows the company down," he said. "And it just hasn't been as nimble or agile as it should have been."...
"There's always a possibility of a resurrection here, but at this point, it looks like Borders is probably the Tower Records of books," he said."
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