Link snagged from the comments of J.A. Konrath's blog: Borders has delayed paying some vendors. The article says, "Borders has been reporting losses for years, but its results worsened in recent quarters with heightened competition from Barnes & Noble and larger merchants including Amazon.com, Wal-Mart Stores and Target."
On the flip side, "Bookseller Barnes & Noble Inc. on Thursday said its line of Nook e-reading devices are the biggest-selling items in its history, and added it sold nearly 1 million e-books on Christmas Day."
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