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Sunday, April 9, 2017

Couldn't Find A Buyer... HHGregg Closing All Stores.

     After failing to find a buyer to bring them out of bankruptcy, Indianapolis- based HHGregg has announced that the company is going out of business, closing all there remaining stores. Electronics retailer HHGregg announced it would close 88 locations in order to cut losses on March 2nd, and filed for chapter 11 Bankruptcy protection on March 6th. From that time, the company had a month to find a buyer to take over the company and bring them out of bankruptcy, that failed to happen. As a result, all the remaining stores started there closing sales April 8th.

     HHGregg was found in 1955 by Henry Harold Gregg and his wife fancy, according to The Indy Channel. After several decades of business, a major expansion into the Midwest and Southeast in 2010 and 2011, is now the latest retailer to call it quits, the last major electronics and appliance chain to go out of business was Circuit City in 2009.

Here is the current company website:

 Here is the map of all 220 locations:

Here are all the Illinois locations:

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