hhgregg
hhgregg's 2017 liquidation closed 220 appliance and electronics stores after Amazon and Best Buy squeezed the regional chain. The company had expanded aggressively during the housing boom, reaching 228 stores by 2011. When appliance demand normalized and online competition intensified, hhgregg couldn't compete. Multiple restructuring attempts failed. The liquidation joined Rex Stores and Ultimate Electronics in the regional electronics retail extinction.
Key Leaders at hhgregg
Robert Riesbeck
CEO
Key Facts
1955
Founded