Thursday, March 16, 2017

A Landlord Darling During the Recession, hhgregg Is Now Another Struggling Chain

Image result for hhgregg locationFour days after announcing its plans to scale back its store count, hhgregg filed for Chapter 11 bankruptcy protection to resolve about $80 million in debt. For hhgregg, the recent developments are a reversal from its bid since 2009 to expand from a husband and wife company mostly associated with Indiana into a recognizable national brand.

After closing stores that it feels are less profitable, hhgregg will be left with 132 locations.. . . more

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