re: Borders UK meltdown

The Bookseller: "Waterstone's could be best placed to capitalise from a loss in market share by Borders, according to an influential retail analyst. In a wide-ranging note on entertainment retail, Paul Smiddy at HSBC said this week that between space re-allocation and store closures, Borders would lose market share over the next year, with Waterstone's in the best position to gain from this. ... "