Borders And Barnes & Noble — Can It Succeed?

Law360 (December 9, 2010, 1:16 PM EST) -- It is old news that the entertainment media business has been experiencing a seismic shift as consumer purchasing and delivery preferences have shifted toward digital and online means and big box retailers. Two of the biggest victims of the new paradigm are Borders Group Inc. and Barnes & Noble Inc. Both of these bricks and mortar stalwarts have struggled greatly in recent years to adapt to changing consumer purchasing preferences, all the time losing market share to more nimble online and digital competitors like Amazon, Apple, Netflix and most recently Google and to big box stores like Costco and Wal-Mart....

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