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Updated live from Wikipedia, last check: June 01, 2012 21:30 UTC (43 seconds ago)

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Hastings Entertainment
Type Public (NASDAQHAST)
Founded Amarillo, Texas (1968)
Headquarters Amarillo, Texas, USA
Key people Sam Marmaduke (founder)
John Marmaduke (CEO and President)
Industry Entertainment retail
Products Books, magazines, CDs, DVDs, software, video games, boutique, accessories, coffee
Revenue $548,332,000 USD (2006)[1]
Net income $5,019,000 USD (2006)[1]
Website http://www.gohastings.com/

Hastings Entertainment is a retail chain that sells books, music, movies, and video games. It also rents movies and video games and buys used books, music, movies and video games for resale.

The current CEO and President of Hastings Entertainment is John Marmaduke, son of founder Sam Marmaduke.

History

The company was founded in 1968 as a retailing division of Western Merchandisers, Inc., a books and music wholesaler. There are currently 153 stores in 21 states[1], predominantly based in smaller communities. Hastings Entertainment is headquartered in Amarillo, Texas.

Hastings's sister company, Western Merchandisers, became a subsidiary of Wal-Mart Stores Inc in 1990. In 1994, Wal-Mart sold Western Merchandisers to Anderson News Corporation and now operates as Anderson Merchandisers.[2]

References

  1. ^ a b c Fiscal Year 2006 Annual Report. Retrieved 18 May 2007.
  2. ^ Bowser, David. "Local companies have broad reach". Amarillo Globe-News. 27 February 2005. Retrieved 18 May 2007.

External links








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