While bookstore giant Borders declares bankruptcy, independent bookstores don’t automatically benefit from this news. In fact, stores have been running advertisements saying that they will honour any Borders gift certificates, yet no one has bothered to take this advantage. After many years of waiting out for the enemy to collapse, the independent bookstores still haven’t received any particular edge.

This is mainly due to ebooks. To put it bluntly, “The Internet is killing [the book industry]”. Every store is now struggling, and even with price-cuts and honouring other bookstore’s credit isn’t simply working out anymore

Unfortunately, technology nowadays is too convenient. One can just sit in a living room, do nothing, and still buy a book. Amazon.com and other online retailers can offer more selection at lower prices, and unless bookstores can offer something more than just books and coffee, they will too close soon.

The harsh reality is that businesses are converting into electronic formats, and books are a popular example where it has been so successful. Perhaps the only method of bookstores still working is to sell it’s own electronic version of books along with physical copies to survive.

Picture URL: http://www.websellersuniversity.com/ebooks/