The bankruptcy is expected to wipe out the value of HHGregg's common stock. As Riesbeck was working to reinvent HHGregg last year, he offered a blunt assessment of the company that could be considered its epitaph.
Indianapolis-based hhgregg Inc. (NYSE: HGG) has announced restructuring plans that have led to 100 employees losing their jobs. In a separate announcement, the company says it could face suspension or delisting from the New York …
Just days after shoe chain Payless filed for bankruptcy, the U.S. retail sector took another hit over the weekend when HHGregg announced it would be ... rating and $46 price target for Best Buy stock.
The bankruptcy is expected to wipe out the value of HHGregg's common stock. Information from the Indianapolis Star was used in this report.
The CEO of HHGregg Inc. said Wednesday he still aims to return the company to profitability even as its stock was delisted from the New York Stock Exchange and a report said bankruptcy is imminent. The Indianapolis-based …
On Friday, the New York Stock Exchange delisted HHGregg (it’s current ticker is OTCMKTS: HGGG) for failing to meet minimum listing requirements. USA Today reported that Thursday's announcement was the second round of layoffs in …
Bloomberg reported Feb. 24 that Hhgregg had been preparing to file for bankruptcy, although it was seeking an out-of-court solution. The company’s stock was delisted from the New York Stock Exchange after the market closed Feb. 27, …
Shares in hhgregg closed at 46 cents, a little above its low of 41 cents in the past year, and well down from the 2013 high of $19.99 per share. In late January, the New York Stock Exchange informed hhgregg that, because the average …
Struggling appliance and electronics retailer hhgregg Inc. announced Thursday that it is planning to close 88 of its weakest stores, including the one in Fredericksburg ... The New York Stock Exchange delisted hhgregg earlier this week for …