Borders, the No. 2 brick-and-mortar bookstore chain, is teetering on the verge of bankruptcy, hammered by online discounting and the explosive growth of e-books. Barnes & Noble, the biggest chain, is so focused on digital expansion that last month it fired many of its top executives who dealt with physical books.
But all is not lost in the world of traditional bookselling. In retailing's version of a David and Goliath story, the independent bookstore is making a comeback in New York.
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