Retailer to close 88 stores
Indianapolis-based appliance, electronics and furniture retailer Hhgregg plans to close 88 stores around the country.
Current inventory in the affected stores will be sold over the coming weeks, with final closings expected to be complete by mid-April. The closings will result in the elimination of approximately 1,500 positions.
After the closings — expected to wind down in the middle of April — the chain will continue to operate 132 stores.
According to president and CEO Robert Riesbeck, the stores to be closed are either underperforming, or located in areas that are no longer strong retail shopping destinations.
“We are strategically exiting markets and stores that are not financially profitable for us,” said Riesbeck, H.H. Gregg’s president and CEO. “This is a proactive decision to streamline our store footprint in the markets where we have been, and will continue to be, important to our customers, vendor partners and communities. We feel strongly that the markets we will remain in are the right ones for our customers and our business model. Our team is dedicated to moving forward and being a profitable 132 store, multi-regional chain where we will continue to be a dominant force in appliances, electronics and home furnishings.”
As a result of the store actions, Hhgregg will close its distribution and delivery centers located in Brandywine, Md.; Miami, Fla.; and Philadelphia, Pa. These facilities will continue to support customer orders of all product sold in the closing locations until all product has been delivered, the company said.
List of Hhgregg closures (by state)
Alabama
Mobile, Ala.
Trussville, Ala.
Delaware
Dover, Del.
Newark, Del.
Wilmington, Del.
Florida
Aventura, Fla.
Boca Raton, Fla.
Florida Mall, Orlando, Fla.
Ft. Lauderdale, Fla.
Gainesville, Fla.
Hialeah, Fla.
Homestead, Fla.
Kendall, Miami, Fla.
Pembroke Pines, Fla.
Pensacola, Fla.
Pinecrest, Fla.
Sawgrass, Plantation, Fla.
Treasure Coast Mall, Jensen Beach, Fla.
Wellington, Fla.
West Palm Beach, Fla.
Georgia
Buckhead, Atlanta, Ga.
Gwinnett, Duluth, Ga.
Southlake, Morrow, Ga.
Stonecrest, Lithonia, Ga.
Illinois
Arlington Heights, Ill.
Bloomingdale, Ill.
Champaign, Ill.
Niles, Ill.
Schaumburg, Ill.
Springfield, Ill.
Louisiana
Kenner Westgate, Metairie, La.
Mall of Louisiana, Baton Rouge, La.
Westbank, Harvey, La.
Maryland
Annapolis, Md.
Bel Air, Md.
Catonsville, Md.
Frederick, Md.
Glen Burnie, Md.
Hagerstown, Md.
Hanover, Md.
Largo, Md.
Rockville, Md.
Towson, Md.
Waldorf, Md.
Missouri
Chesterfield, Mo.
New Jersey
Deptford, Woodbury, N.J.
Mays Landing, N.J.
Moorestown, N.J.
North Carolina
Asheville, N.C.
Cary, N.C.
Durham, N.C.
Mooresville, N.C.
Ohio
Fairlawn, Akron, Ohio
Mansfield, Ohio
Newark, Heath, Ohio
Tri-County, Springdale, Ohio
Pennsylvania
Dickson City, Pa.
Downingtown, Pa.
Erie, Pa.
King of Prussia, Berwyn, Pa.
Lancaster, Pa.
Langhorne, Pa.
Lower Paxon, Harrisburg, Pa.
Mechanicsburg, Pa.
Montgomeryville, North Wales, Pa.
North Hills, Pittsburgh, Pa.
Wilkes-Barre, Pa.
Whitehall, Pa.
Whitman Square, Philadelphia, Pa.
Wyomissing, Pa.
York, Pa.
Tennessee
Mt. Juliet, Tenn.
Virginia
Bailey’s Crossroads, Falls Church, Va.
Chesapeake, Va.
Colonial Heights, Va.
Fairfax, Va.
Fredericksburg, Va.
Manassas, Va.
Newport News, Va.
Roanoke, Va.
Short Pump, Henrico, Va.
Springfield, Va.
Sterling, Va.
Virginia Beach, Va.
Winchester, Va.
Woodbridge, Va.
West Virginia
Parkersburg, Vienna, W.Va.