BOISE, Idaho (KBOI) -- — Five Hastings stores in the Treasure Valley will shut their doors soon. After filing for bankruptcy, the company says it will close all of its stores across the nation.
Hastings has been a mecca of all things entertainment for Treasure Valley shoppers.
"It's just got so many different things that I like, that my kids like. We stop at Hastings pretty often. Music, movies, drinking stuff like beer pong toys, posters, t-shirts," said Josh Beaman, a Hastings customer.
For the Newton family, browsing the aisles of the store is one of their favorite things to do.
"We bond here. I like buying those little figurines with all those characters," says Danica Newton, another Hastings customer.
But now Hastings' customers will have to find a new place to shop.
According to the company, they filed for bankruptcy five weeks ago.
The company that bought it decided to liquidate all stores, disappointing many in the Treasure Valley.
"It's sad, it's one of my favorite stores," Beaman said.
"It helps the Boise community get into books and reading, just learning about other things," Newton said.
In a statement, Hastings said all stores, online business and corporate offices will close, but the closing date is yet to be determined.
They also thanked their customers and employees for their loyalty over the years.
KBOI 2News reached out to Hastings representatives who could not tell us how many employees will be losing their jobs due to the closure.
Since July 13, the company stopped accepting gift cards, credits, exchanges or refunds. If you have an unused gift card, click here to file a claim.
Read their full statement below:
"Five weeks ago, Hastings filed for Chapter 11 protection with the goal of expediting our search for a buyer that would help us complete our remerchandising strategy and position our business for long-term success. At the completion of the sale process yesterday, the winning buyer was a joint venture that will instead oversee a liquidation of our stores to ensure we are maximizing the value of all of our remaining merchandise and assets as we prepare to close. All Hastings stores, our e-Commerce business and our corporate office will all discontinue operations at the end of this process. On Friday, July 22, the Bankruptcy Court is expected to approve our agreement with the companies who will oversee our store closing sales, Hilco Merchant Resources LLC and Gordon Brothers Retail Partners LLC.
We thank our customers and employees for their loyalty over the years, and we hope to see our customers at store closing sales."
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