Borders Post-Mortem

You've all heard about the death of Borders. There have been some who were quick to accredit its demise to upheaval in the publishing industry, but it's actually amazing the company lasted as long as it did. Rather than there being one cause of death, Borders suffered from several mistakes over the last two decades.

Hijacked by Kmart. Kmart was struggling to properly manage Waldenbooks. After eight years of mediocrity, they bought Borders in 1992 hoping that the executives there could help...