Most of you have probably heard of Borders filing for bankruptcy this week. While this doesn’t directly affect us book lovers here in the Philippines, it’s still a sad day for those who are affected (more so for the employees). I had an interesting discussion over at Twitter yesterday with Charles and Kenneth about how this can happen to local major bookstores like Fully Booked and PowerBooks in the future. I believe PowerBooks is already having problems right now. National probably doesn’t have to worry because they focus more on school/office supplies than books anyway.
I just wanted to throw this topic out there and see what the rest of you think. Post your thoughts in the comments below.