October 15, 2013 • Vol. 96, No. 8
www.theprairienews.com
Hastings Entertainment closing its doors CJ Berryman
duced their debt by $17 million. The article said a report filed with the federal Securities and Exchange Commission one day earlier cited the closure of seven stores assisted in the reduction of that debt. In another article in the Amarillo Globe-News on Oct. 2, 2013, the company reported a net loss of $6.2 million in the first half of 2013. Both the Canyon location and the corporate office in Amarillo refused to comment on the store closure in Canyon.
H
reporter
astings Entertainment, a local media retailer, will be closing its doors at the Canyon location on North 23rd Street on Nov. 3. The coffee shop attached to the store, Hardback Coffee Café, will also be closing. Hastings, a leading multimedia entertainment retailer that combines the sale of new and used books, videos, video games and CDs, was founded in 1968 and currently operates around 136 superstores. In an article in the Amarillo Globe-News on Sep. 11, 2012, Dan Crow, chief financial officer for the Amarillo retailer, said Hastings had generated $25 million in cash flow and re-
CJ BERRYMAN/THE PRAIRIE
NEWS
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SPORTS
The closing of the Hastings store in Canyon sends ripples through the community.
ENTERTAINMENT
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HASTINGS on PAGE 2
FEATURE
OPINION
Connor Woods previews ALL PROCEEDS Pink Out Week.BENEFIT FOOTBALL GAME BREAST CANCER EDUCATION
Parking lots leave an impression on visitors.
PINK OUT
OCT. 19 AT 6PM KIMBROUGH STADIUM
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AND AWARENESS
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