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Book retailer schadenfreude

Borders may have gone belly-up in the UK, but Amazon’s recent performance demonstrates it’s not about the books, but the business model:

Google Finance chart of AMZN's historical performance
Amazon’s shares hit an all-time high of $135.25 on Monday, while shares in Barnes & Noble and Borders Group had fallen 2.5 per cent and 9.1 per cent at pixel time, respectively.

Related links:
Writing was on the wall for Borders’ business model – Telegraph
Beyond Borders: the future of bookselling – The Observer

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