TWIN FALLS, Idaho (KLIX)- Hastings Entertainment Inc. announce this week that it will be shuttering all of its stores after it entered Chapter 11 bankruptcy 5 weeks ago. The company that sells novelty items, movies, books, and other entertainment items, will liquidate all of its 126 stores . The Twin Falls store has seen a number of remodels in the past few years, which was part of the company's overall plan. No word on when the store will be officially closed.

The company was sold to a buyer who will oversee a liquidation of all Hastings stores, including their e-Commerce business. The buyers include Hilco Merchant Resources LLC and Gordon Brothers Retail Partners LLC. Hastings thanked all its customers and employees for loyalty and said it hoped to see customers at closing sales.