I see where
Hastings, a brick-and-mortar and online seller of new and used physical book, and of ePub digital books online, is filing for bankruptcy. Find out the details concerning the bankruptcy
here.
This is a chapter 11 bankruptcy. I know that there is such a thing as a chapter 9 bankruptcy, too. One of the two allows the company to keep operating while they try to get things straightened out; the other one is a death knell. I don't which is true of a chapter 11 bankruptcy. However,
one Hastings webpage plainly states that they are "going out of business."
They are admittedly a small player among booksellers. "Tiny" might be a better description. Especially, it seems, with regard to their digital book business. However, I hate to see them go. For one reason, because I have bought a lot of used physical books from them in the past, at really good prices (when they were on sale). Too, because it is one more step in the consolidation of book businesses, reducing competition and eventually meaning higher prices for consumers.