Monday, July 25, 2011

ebooks is what is hot now to buy

http://finance.yahoo.com/blogs/daily-ticker/another-retailer-bites-dust-borders-doomed-amazon-deal-163606690.html


There were many missteps that caused this business to fail from holding too much debt, opening too many stores as well as jumping into the e-reader business to late. But above all, there was one "disastrous move" that put the final nail in Borders' coffin, says retail expert Howard Davidowitz of Davidowitz & Associates.
"I think the biggest thing Borders did wrong is when they turned over their online business to Amazon," Davidowitz tells The Daily Ticker's Aaron Task and Breakout's Jeff Macke in the accompanying interview. "That move finished them off because they gave away the future."


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