| dbo:abstract |
Hastings Entertainment was an American retail chain that sold books, movies, music, and video games and functioned as a video rental shop. As of 2016 it had 126 superstores, which were mainly located in the South Central United States, Rocky Mountain States, and in parts of the Great Plains and Midwestern states. Hastings Entertainment stores were also located in many college towns in the U.S. Hastings Entertainment was headquartered in Amarillo, Texas. The company initially weathered the decline of video rental stores, outliving both Blockbuster Video and Hollywood Video. However, declining sales finally forced the company to shift its primary focus to collectibles and comic books in the 2010s. Through the early to mid 2010s, Hastings became the largest comic book retailer in the United States. While this strategy initially benefited the company, it ultimately suffered from a decision made during a mass expansion in the 1990s to lease all of its properties rather than purchase them, which lowered the business' overall value. Amidst ongoing rebranding, the company was sold to merchandising firm Draw Another Circle LLC in 2014 for 21.4million.HastingssufferedunderDraw′smanagement,plungingthecompany21.4 million. Hastings suffered under Draw's management, plunging the company 21.4million.HastingssufferedunderDraw′smanagement,plungingthecompany140 million into debt. In an effort to save the company, Draw Another Circle named Jim Litwak the President and CEO of Hastings in December 2015. Litwak had previously salvaged Macy's and Trans World Entertainment from near-bankruptcy in the 1990s and early 2000s, respectively,. However, this strategy did not save Hastings Entertainment either. (en) |
| dbo:fate |
Bankruptcyliquidation (en) |
| dbo:foundingYear |
1968-01-01 (xsd:gYear) |
| dbo:industry |
dbr:Retail |
| dbo:netIncome |
6933000.0 (dbd:usDollar) |
| dbo:revenue |
5.31346E8 (dbd:usDollar) |
| dbo:thumbnail |
wiki-commons:Special:FilePath/HastingsLogo.png?width=300 |
| dbo:type |
dbr:Public_company |
| dbo:wikiPageExternalLink |
http://www.fundinguniverse.com/company-histories/Hastings-Entertainment-Inc-Company-History.html%7Cwebsite=Funding https://www.linkedin.com/company/calendar-holdings-llc |
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7477430 (xsd:integer) |
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12638 (xsd:nonNegativeInteger) |
| dbo:wikiPageRevisionID |
1117075889 (xsd:integer) |
| dbo:wikiPageWikiLink |
dbr:Hollywood_Video dbr:Video_rental_shop dbr:Public_company dbr:College_town dbr:Conroe,_Texas dbr:Great_Plains dbc:2016_disestablishments_in_Texas dbr:Liquidation dbr:Littleton,_Colorado dbr:Lubbock,_Texas dbr:Macy's dbr:Common_stock dbr:South_Central_United_States dbc:Defunct_companies_based_in_Texas dbc:Defunct_retail_companies_of_the_United_States dbc:Retail_companies_disestablished_in_2016 dbc:Retail_companies_established_in_1968 dbr:Trans_World_Entertainment dbr:Wal-Mart dbr:Wholesale dbr:Album dbr:Amarillo,_Texas dbc:Companies_that_filed_for_Chapter_11_bankruptcy_in_2016 dbr:Franchising dbr:Bankruptcy dbr:Direct_market dbr:Video_game dbr:Retail dbc:Companies_formerly_listed_on_the_Nasdaq dbr:Vintage_Stock_(retailer) dbc:1968_establishments_in_Texas dbc:American_companies_established_in_1968 dbc:Bookstores_of_the_United_States dbc:Music_retailers_of_the_United_States dbc:Companies_based_in_Amarillo,_Texas dbr:Blockbuster_Video dbr:Diamond_Comic_Distributors dbr:Book dbr:Film dbr:Initial_public_offering dbr:Midwestern_United_States dbr:Chain_store dbr:MovieStop dbr:Rocky_Mountain_States dbr:2nd_&_Charles dbr:Novelties |
| dbp:defunct |
2016 (xsd:integer) |
| dbp:fate |
dbr:Liquidation dbr:Bankruptcy |
| dbp:foundation |
dbr:Amarillo,_Texas |
| dbp:industry |
Entertainment retail (en) |
| dbp:locationCity |
Amarillo, Texas (en) |
| dbp:locationCountry |
US (en) |
| dbp:logo |
HastingsLogo.PNG (en) |
| dbp:logoSize |
200 (xsd:integer) |
| dbp:name |
Hastings Entertainment (en) |
| dbp:netIncome |
$6,933,000 USD (en) |
| dbp:products |
Books, magazines, CDs, DVDs, software, video games, boutique, accessories, coffee (en) |
| dbp:revenue |
$531,346,000 USD (en) |
| dbp:type |
dbr:Public_company |
| dbp:wikiPageUsesTemplate |
dbt:Authority_control dbt:Cite_web dbt:Infobox_company dbt:Other_uses dbt:Reflist dbt:Short_description dbt:Use_dmy_dates dbt:Profit dbt:Video_rental_shops |
| dbp:wordnet_type |
http://www.w3.org/2006/03/wn/wn20/instances/synset-company-noun-1 |
| dct:subject |
dbc:2016_disestablishments_in_Texas dbc:Defunct_companies_based_in_Texas dbc:Defunct_retail_companies_of_the_United_States dbc:Retail_companies_disestablished_in_2016 dbc:Retail_companies_established_in_1968 dbc:Companies_that_filed_for_Chapter_11_bankruptcy_in_2016 dbc:Companies_formerly_listed_on_the_Nasdaq dbc:1968_establishments_in_Texas dbc:American_companies_established_in_1968 dbc:Bookstores_of_the_United_States dbc:Music_retailers_of_the_United_States dbc:Companies_based_in_Amarillo,_Texas |
| gold:hypernym |
dbr:Chain |
| rdf:type |
owl:Thing dbo:Company schema:Organization dul:Agent dul:SocialPerson dbo:Agent wikidata:Q24229398 wikidata:Q43229 wikidata:Q4830453 yago:WikicatCompaniesBasedInAmarillo,Texas yago:WikicatCompaniesListedOnNASDAQ yago:Abstraction100002137 yago:Company108058098 yago:Group100031264 yago:Institution108053576 yago:Organization108008335 yago:YagoLegalActor yago:YagoLegalActorGeo yago:YagoPermanentlyLocatedEntity dbo:Organisation yago:SocialGroup107950920 yago:WikicatEntertainmentCompaniesOfTheUnitedStates |
| rdfs:comment |
Hastings Entertainment was an American retail chain that sold books, movies, music, and video games and functioned as a video rental shop. As of 2016 it had 126 superstores, which were mainly located in the South Central United States, Rocky Mountain States, and in parts of the Great Plains and Midwestern states. Hastings Entertainment stores were also located in many college towns in the U.S. Hastings Entertainment was headquartered in Amarillo, Texas. (en) |
| rdfs:label |
Hastings Entertainment (en) |
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freebase:Hastings Entertainment wikidata:Hastings Entertainment https://global.dbpedia.org/id/4koyk http://sw.cyc.com/concept/Mx4rvoVhUZwpEbGdrcN5Y29ycA yago-res:Hastings Entertainment |
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wikipedia-en:Hastings_Entertainment?oldid=1117075889&ns=0 |
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wiki-commons:Special:FilePath/HastingsLogo.png |
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wikipedia-en:Hastings_Entertainment |
| foaf:name |
Hastings Entertainment (en) |
| is dbo:wikiPageDisambiguates of |
dbr:Hastings_(disambiguation) |
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| is dbo:wikiPageWikiLink of |
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