Looks like the giant of book retailing is going up in smoke in a fire sale. There were many raised eye brows about Laredo not having a book store and many reasons for that particular case. At the same time, the underlying economics of books and other print media are changing drastically.
Adding fuel to the fire (no pun), B&N was slow in adapting to new competitors like Amazon.com or new technologies like the Kindle book reader. Business can be a brutal game. Be careful out there.. (you fledgling newspaper operations know who you are)