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.
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An hhgregg store prepares to open in a former Circuit City location ... with fourth-quarter revenue falling 24 percent from a year earlier. The New York Stock Exchange delisted the company’s stock last month.
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Appliances are Hhgregg's focus, said Jeff Pearson, Hhgregg vice president of marketing. Each store has more than 300 appliances in stock, which is more, Mr. Pearson said, than competitors and home stores. Best Buy's focus is more on …
HHGregg's decision to eliminate 40 percent of its stores is the latest move in an increasingly desperate attempt to right the company's course. It comes just three days after the New York Stock Exchange delisted HHGregg for failing to …
Hhgregg will then match the lowest price, he said. But some of the news coming out of hhgregg has not been too rosy as of late. Its stock has tumbled about 45 percent to $6.35 in the last month as the company has taken a hit in its TV …
Among other consumer electronics and appliance retailers, HHGregg Inc.'s stock was still inactive in premarket trade, …
The announced closings come days after the New York Stock Exchange delisted HHGregg for failing to meet the minimum listing requirement. Bloomberg last week reported HHGregg is preparing to file for bankruptcy as soon as this …
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