A2: Business
The Eastern Echo publishes an essay by Eastern Michigan University student Neil Weinberg, who reflects on the possibility of Ann Arbor-based Borders Group filing for Chapter 11 bankruptcy. He writes: “It’s pretty irrational to pay 40 percent more in person for something you could get online from the same company, let alone the 60 percent discount their online competitor offers. Financially, it is a dying model. There isn’t really anything we can do to reverse the decline aside from paying drastically more every time we need something new to read. As much as we treasure bookstores, perhaps it’s time to let them go. We shouldn’t be afraid of the coming realignment.” [Source]