I was sad to hear that Borders Bookstore filed for bankruptcy this month. A lot of people saw it coming, so it wasn't much of a surprise. The running joke on Facebook is that "Borders was a nice place to hand out and look at books before going home to order them on Amazon."
It's sad but true, as I enjoy the portability of my Kindle more and more, it becomes harder and harder to justify wasting paper for a physical book that will just collect dust in my study. I am taking my new Kindle on vacation and I will enjoy carrying just one slim machine with all my beloved books in it.
As for Barnes and Noble, it seems as though the popularity of the Nook is going to keep them out of trouble for now.