Barnes & Noble

``Barnes & Noble Inc., put itself up for sale Tuesday, succumbing to pressure from shareholder activists as digital books erode the traditional business of the nation's largest bookstore chain.''

``Mr. Shatzkin, of Idea Logical, said Borders recently acquired a new investor and recapitalized, and that this may have had an impact on the Barnes board as well. "Starting with the iPad, everything that is moving things to e-books faster is bad news for bookstores," he said. "Borders has bought more time. At the same time, Barnes is in a battle with a very powerful guy, and that's draining cash and energy as well."''

Taken from Wall Street Journal.

I saw the Wheaton, IL, store closing. I even took a picture, but my phone is crappy, so I never posted it.

Billy Graham's Alma Mater; Wheaton College, gave that bookseller many clients through the years. B&N actually started there in 1873.

If only religious people were more, how to say this, modern? They would've seen the e-book tsunami coming and had taken precautions.

No such luck.

I love bookstores; this is a personal loss for me :(