![An hhgregg electronic and appliance retailer store in Miami, Florida.]({"default":{"load":"default","w":"62","h":"43","src":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BBzxQN7.img?h=432&w=624&m=6&q=60&o=f&l=f&x=1139&y=648"}})
Consumer
electronics chain hhgregg Inc. is going out of business and shutting down all
its stores.
The company was founded
in 1955; it had 220 stores in 19 states selling major appliances like washers
and TVs, as well as computers and home theater systems. It had about 5,000
employees last year.
According to report, the Indianapolis Company said Friday that it will liquidate its assets
after failing to find a buyer for the business. It filed for bankruptcy
protection in March.
The company said
it will start the sale of the merchandise, furniture, fixtures and equipment at
its stores and distribution centers on Saturday.
No comments:
Post a Comment