After a month of back and forth in bankruptcy court, and even with a seven day extension, Hastings will close for good at the end of October.

On Wednesday, Hilco Merchant Resources LLC and Gordon Brothers Retail Partners LLC purchased Hastings specifically to liquidate the stores, according to the Hastings.com website.

“Five weeks ago, Hastings filed for Chapter 11 protection with the goal of expediting our search for a buyer that would help us complete our remerchandising strategy and position our business for long-term success. At the completion of the sale process yesterday, the winning buyer was a joint venture that will instead oversee a liquidation of our stores to ensure we are maximizing the value of all of our remaining merchandise and assets as we prepare to close.”

As it stands right now, all 126 stores will close on October 31, 2016.

I went to our local Hastings this morning, and there was no information posted on the closing process, but over the next couple of weeks, I expect to see a number of sales to sell off the merchandise. On the plus side, there are plenty of sixth-scale figures I’ve had my eye on for some time, but on the downside, this means there is no longer a comic book store within an hour and a half of our city.

via KFYO

The Author

Stephen Schleicher

Stephen Schleicher

Stephen Schleicher began his career writing for the Digital Media Online community of sites, including Digital Producer and Creative Mac covering all aspects of the digital content creation industry. He then moved on to consumer technology, and began the Coolness Roundup podcast. A writing fool, Stephen has freelanced for Sci-Fi Channel's Technology Blog, and Gizmodo. Still longing for the good ol' days, Stephen launched Major Spoilers in July 2006, because he is a glutton for punishment.

You can follow him on Twitter @MajorSpoilers and tell him your darkest secrets...

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2 Comments

  1. July 21, 2016 at 9:48 pm — Reply

    Shame it had to come to this. I kinda expected it with all the money troubles, but it still stings a bit now that it is definitely happening. I don’t have one in my immediate area, so it shouldn’t really upset me, but I liked the locations I’d visited in the past.

  2. Lauren
    July 23, 2016 at 4:00 am — Reply

    I don’t want to believe Hastings is really closing Its my favorite store to go to when I’m in Jonesboro I’m always in that store I mean always when people know I’m in Jonesboro they don’t even have to ask where I’m at or where I’m going because they know that’s where ill be I’m probably going to cry its the only store I could spend all day at plus I won’t have anywhere to buy my anime or movies really cheep or Starbucks im going to be lost without it this sucks :(

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