Hastings Chain Store Of Comics And More Could Face Closings

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Comics “going-out-of-business” sales are on the horizon as Hastings Entertainment, Inc. could face closings and layoffs if their sale agreement isn’t up to par in a reasonable time frame. Store chains will be closing and layoffs will ensue if they can’t get back on track, according to News Channel 10. The financial situation is grim and money is lacking.
statement distributed by the President and COO of Hastings Entertainment indicated that it may be possible that layoffs may occur within 60 days.

Bleeding Cool reported that Hastings’ method of ordering through Diamond Comic Distributors had lead to a sizable back log of back issue comics. Some books in the bins date as far back as the 90s. They deemed this stock as “unsalable.”

Comics, music, and video games were the products of focus for this chain store and has been deemed the largest comic book chain in America. Hastings was founded in 1968 and announced plans on June 6 to close the Pampas, Texas location. It’ll be partaking in an out-of-business sale through September.

Bloomberg indicated that digital media seems to be overtaking print and record-able media in this situation as Amazon.com, Inc. and Spotify, Ltd. put Blockbuster, Tower Records, and Borders Group out business.

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Tony Smejek
Tony is fanatical about his geek pop-culture passion. He specializes in the Marvel Cinematic Universe as well as the DC Extended Cinematic Universe. When other shared universes start to jump on the band wagon, he may even push the envelope into those worlds as well. Sci-fi is yet another interest of his from TV franchises as well as epic films. He's also an 80s fan as well, partaking in dressing the part as a Ghostbuster or Spaceball character. Tony can be found at his local conventions, bumping elbows with celebrity guests, cosplay enthusiasts, and comic book artists.


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