What's next? All the libraries will close?
I sort of doubt it. And I hope not, although libraries in many areas are and will be facing economic issues just like these chain stores.
QWhile I'm not in the library field at this time, it's what my degree is in and I worked in libraries from the lower rungs all the way into upper administration for years.
they have problems concerning raising awareness of their services and overcoming the stereotype a lot of people have of libraries being dusty old museums for books with harsh old ladies yelling at you to hush, but the library is a pretty robust institution.
The libraries in my area are thriving (as are the smaller mom & pop bookstores and music stores, etc.)
Libraries have all kinds of educational and entertainment programs for kids and adults, give free literacy and other trainings to people, have all kinds of media available for free loan or download, have free public meeting rooms (or most do anyway), free internet access, interlibrary loan services that can get you a book or movie or piece of music or research article, etc. from just about anywhere in the world, job search assistance, reference services to help answer almost any question, many libraries have extensive archives of periodicals, journals, art, government documents, etc.
While libraries do have a reputation for being staid and sort of mired in the past, I can tell you that they really have been and are at the forefront of technological innovation. They are always seeking to expand and expedite services and find a way to best serve their communities. There is even one small library in Tennessee that checks out prom dresses to serve a low income population. How cool is that? They are really only limited by what their patrons want and need. And it's all free.
(Well, many libraries are funded by ad valorem taxes along with other resources, but typically library cards and services are free.)