Hastings to shut stores, liquidate
After more than a month of bankruptcy proceedings, Hastings Entertainment will close all stores by Oct. 31. Rachel Rosenblatt, managing director of strategic communications for FTI Consulting, which manages public relations for Hastings, said the timeline to close stores, including the Enid location in Sunset Plaza, has yet to be determined. Hilco Merchant Resources LLC and Gordon Brothers Retail Partners LLC purchased Hastings Entertainment during auction Wednesday and will oversee liquidation of the stores, according to a statement from Hastings issued Thursday morning/The Norman Transcript. More here.