The Wall Street Journal reported yesterday that Borders is expected to file for Chapter 11 within days. Some might see it as good news to Barnes & Noble, which we'll be able to increase their market share, but we also see here some important lessons that actually should make B&N worried more than happy.
The upcoming bankruptcy will mean more business for B&N at least in the short term. According to the article, Gary Balter, an analyst at Credit Suisse estimates that B&N could add more than $1 billion in sales if Borders is eventually forced out of business.
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