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Thread: The "Look At What I Just Got!" Thread
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Old 04-05-2016, 11:08 AM   #26114
Frank Richards
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Quote:
Originally Posted by TimothyR View Post
Barely any cd's are sold these days, and that also stretches to movies, so of course they'd downsize, it doesn't make them any money. Probably the same deal here.. Get rid of stuff that doesn't sell, focus on stuff that does.
A few years ago, I found an amazing article about Hastings, published in a business journal sometime around 2009 (if I remember correctly).
It basically pointed out that while stores of Hastings' ilk were (and still are) closing left and right all over the US, Hastings was not only surviving the recession, they were thriving, and their success was attributed to their talent at quickly adapting to the wants and buying habits of their customers.

For instance, CD sales plummeted, so Hastings began selling vinyl.
Also, as book sales plummeted due to readers opting for digital books, Hastings brought in comics and increased their TPB and manga sections, since many of us comic fans still prefer tangible copies over digital.
And so on ...

I was thrilled when Hatings bought MovieStop a little over a years ago, and while I'd still prefer a full-sized Hastings near me, the tiny "mini-Hastings" that MovieStop has become is a great place to find action figures, especially NECA figures.
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Last edited by Frank Richards; 04-05-2016 at 11:11 AM..
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