It's hard out there for a bookstore chain

 Borders is closing its last stores in Australia. Mind, that's not many stores by this point, and they did sell off the last five stores in New Zealand, but it's another case of bookstore chains experiencing shrinkage.

Beattie's book blog, which has modestly anointed itself with the title of "unofficial homepage of the New Zealand book community," has the sad tale.

http://beattiesbookblog.blogspot.com/2011/06/end-borders-to-close-remaining-stores.html