|
|
| |
| Hastings Entertainment Opens 134th
Superstore In McKinney, TX |
 |
AMARILLO, Texas, July 13, 1999--Hastings Entertainment,
Inc. (NASDAQ: HAST), a leading multimedia entertainment superstore and Internet retailer,
today announced that it has opened its 134th superstore in McKinney, Texas. The new
20,000-square-foot community entertainment center is the 40th Hastings superstore in
Texas. The store features:
- Customized inventory in multiple entertainment formats, including
about 40,000 book titles, 20,000 music selections, 6,000 videocassettes and video games,
800 DVD-format titles, 2,000 periodicals, 1,500 software titles, and 1,500 complementary
products, including clothing, greeting cards and stationery products, for sale at
discounted prices;
- Over 15,000 videocassettes, video games and DVDs available for rent;
- Extensive childrens product section, including free rentals on
childrens videos and regular StoryTime;
- Financial commitment to the literacy campaign in the local community;
- Employment for about 45 to 50 associates, primarily from the McKinney
area.
Hastings, established in 1968, has since steadily and profitably
built its store base to 134 superstores that are located primarily in small to
medium-sized markets in 20 states across America. Hastings stores average 21,200 square
feet, for a total of over 2.8 million square feet of retail space under lease. The company
is accelerating its growth programs and plans to have about 170 superstores open by the
end of fiscal 2000.
"Our new superstore in McKinney offers our customers a wide
range of entertainment products in a single location and reflects our total commitment to
satisfying our guests desires for personal entertainment and information," said
John H. Marmaduke, chairman and chief executive officer. "Our customers will be able
to browse for a special book, sample the latest music in the broad genre offering, select
a current periodical or simply search for a rental video for a comfortable evening at
home, and do it all at this one new superstore location."
Hastings stores are designed to be fun and informative gathering
places for customers to shop, offering such amenities as free gourmet coffee, comfortable
chairs for reading, CD listening stations, video game preview stations, interactive
information kiosks, telephones for free local calls, childrens play areas and
in-store promotional events.
Hastings also operates www.gohastings.com,
an e-commerce Internet Web site that makes available to our customers more than 10 million
new and used entertainment products and unique, contemporary gifts and toys. The site
features exceptional product and pricing offers, including best-selling books at up to 50%
off list price. In addition, investors and customers can review general and financial
information about Hastings at this Web site. |
|
|
|
|
|