Hastings Entertainment Inc (HAST)

On February 20, 2017, Hastings Entertainment Inc. went out of business as per its Chapter 11 liquidation filing under bankruptcy. Hastings Entertainment, Inc. operates as a multimedia entertainment retailer. The company operates entertainment superstores that buy, sell, trade, and rent various home entertainment products comprising books, music, software, periodicals, movies on DVD and Blu-Ray, video games, video game consoles, hobby, sports and recreation, lifestyle, and consumer electronics. It also provides consumables and trends products, such as apparel, T-shirts, action figures, posters, greeting cards, and seasonal merchandise. As of March 31, 2014, the company operated 126 superstores principally in medium-sized markets located in 19 states, primarily in the Western and Midwestern United States. In addition, it operates concept stores, including Sun Adventure Sports selling a range of bicycles and related accessories, skateboards, and various other athletic equipment, apparel, and shoes, as well as offers bicycle repair services and cycling classes in Amarillo and Lubbock in Texas; and TRADESMART, which provides approximately 450,000 various used and new home entertainment products located in Littleton, Colorado, as well as buys back for cash or store credit entertainment products that customers have previously enjoyed. Further, the company is involved in operating a multimedia entertainment e-commerce Web site, goHastings.com. Hastings Entertainment, Inc. was founded in 1968 and is headquartered in Amarillo, Texas. As of July 15, 2014, Hastings Entertainment Inc. operates as a subsidiary of Draw Another Circle, LLC.