The recent news that Borders has gone into receivership is pretty sad news. As Indigo Jo points out, the one in Kingston upon Thames Will not be taken over by Waterstones like Ottakars was, as Waterstones has a flagship store at the Bentall centre. Even sadder will be the demise of the Borders at Angel.
Therefore in recent years booksellers have diminished. As mentioned earlier, Waterstones took over Ottakars. Borders took over Books etc, and duplicate shops closed. Know Borders is to close. In some places, a bookshop will no longer exist, and Waterstones will have a virtual monopoly [unless you live in London and have Foyles or Blackwells].
Obviously, with Amazon and other virtual providers providing books this is sad news for the UK. I'll miss Borders, it provided a welcome relief after shopping at the Bentall Centre.