Hastings To Close All Stores Nationwide By October 31
Billboard reports that all Hastings stores around the country will officially close by October 31. Missoula's own Hastings location on Brooks St. recently ceased all movie rentals. Local employees were not allowed to comment on the store's closure.
Hastings Entertainment had previously filed for bankruptcy in the hopes of finding a buyer for its franchise of over a hundred stores, but announced on Wednesday that it would close all stores and liquidate its assets, instead.
The new owners, partners Hilco Merchant Resources LLC and Gordon Brothers Retail Partners LLC, are required to give Hastings employees seven days' notice before individual stores are closed, which may be sooner than the final closeout date of October 31.