Hastings Entertainment
From Wikipedia, the free encyclopedia
| Hastings Entertainment | |
|---|---|
 |
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| Type | Public (NASDAQ: HAST) |
| 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 NASDAQ: HAST 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.
[edit] 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]
[edit] References
- ^ a b c Fiscal Year 2006 Annual Report. Retrieved 18 May 2007.
- ^ Bowser, David. "Local companies have broad reach". Amarillo Globe-News. 27 February 2005. Retrieved 18 May 2007.
