The Effects of the Borders UK Collapse on the Bookselling Industry
The collapse of Borders UK in 2009 had a significant impact on the bookselling industry in the United Kingdom. The company was one of the leading bookstore chains in the country at the time, but the global financial crisis forced it to close all of its stores. This had a ripple effect on the bookselling industry, with an increase in online book sales, pressure on independent bookstores, and a decline in sales for small authors and independent publishers.