This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Hastings Entertainment Asks the Question 'Is It Okay to Give Used?' 2009-11-24 07:30 ET - News Release AMARILLO, Texas, Nov. 24 /PRNewswire-FirstCall/ -- Hastings Entertainment, Inc. today discussed the topic of giving used entertainment during this holiday season. As the holiday approaches, consumers will be looking to buy gifts at bargain prices. What some consumers may not know, however, is that some of best holiday buys this year are for used movies, books, video games, and music. But is it okay to give a used product as a gift? While it might be rude to give a used shirt as a gift, used entertainment makes perfect sense. Hastings' Stores and our web site, www.goHastings.com, for example, have a huge selection of used CDs, DVDs, books, and video games and the savings on these products are tremendous, often less then half that of new product. "Gift givers really don't need to be concerned," said Kevin Ball, Vice President of Marketing for Hastings. "In 2008, we bought back over 2.7 million used DVDs, 1.5 million used books, 1.0 million used CDs and 0.5 million used video games from our customers for store credit or cash. Then we resold this merchandise at very competitive prices. We do this every day. Adding to the value, Hastings guarantees every used product, and most used products are practically indistinguishable from the comparable new product." If you are on a budget with your gift giving this year, you can sell Hastings used products for cash or store credit and then buy used, allowing you to give more. Since Hastings guarantees the quality of every book, DVD, CD or game purchased, buying used gifts is a very smart move. "You can find a wide selection of newer, older and hard to find titles at rock bottom prices," said Ball. "That is because we are able to draw from the inventory of all of our 150 stores and can see the inventory instantly. We have been buying and selling used product for years and have one of the largest selections of used inventory in the country." Hastings' diverse used inventory means you can find products both obscure and popular at bargain prices. A quick browse through the Hastings web site yielded some incredible bargains; items for just a few dollars that make great gifts or super stocking stuffers. There are rare finds like a used copy the CD "Da Capo" by the iconic rock band, Love, for only $1.67; popular items like a hard cover copy of James Patterson's "The 8th Confession" for only $2.99; and a DVD of the great new James Bond movie "Quantum of Solace" for only $2.82. So is it rude to give used? Not when you can afford to give so much more for the same money. These holidays, when every dollar counts, giving used is the smart way to give. About Hastings Founded in 1968, Hastings Entertainment, Inc. is a leading multimedia entertainment retailer that combines the sale of new and used books, videos, video games and CDs, as well as trends merchandise, with the rental of videos and video games in a superstore format. We currently operate 150 superstores, averaging approximately 21,000 square feet, primarily in medium-sized markets throughout the United States. We also operate www.goHastings.com, an e-commerce Internet Web site that makes available to our customers new and used entertainment products and unique, contemporary gifts and toys. The site features exceptional product and pricing offers. The Investor Relations section of our web site contains press releases, a link to request financial and other literature and access our filings with the Securities and Exchange Commission. Hastings Entertainment, Inc. The remainder is available to Stockwatch subscribers.
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