Is H.H. Gregg out of business?
Is H.H. Gregg out of business?
H.H. Gregg has made its return to physical retail. After 64 years in business, the electronics retailer filed for bankruptcy in 2017.
What does H.H. Gregg stand for?
Henry Harold and Fansy Gregg
In 1955, a small storefront was erected by Henry Harold and Fansy Gregg on the north side of Indianapolis. The new store featured home appliances, featuring washing machines, clothes dryers, refrigerators, and grills.
When did H.H. Gregg close?
May 25, 2017H. H. Gregg / Ceased operations
What does H.H. Gregg sell?
HHGregg is an online retailer and a former chain of consumer electronics stores.
Who owns HHGregg?
Valor LLC
A company called Valor LLC acquired HHGregg’s intellectual property for $400,000 in June, topping a Sears Holdings bid by $50,000. That gives Valor the right to use the HHGregg name, logo and other assets.
Is HHGregg still honoring warranty?
We are continuing to operate in the ordinary course. We plan to honor delivery of our customer orders. Our manufacturers will continue honoring the warranty on customer purchases. The extended warranties purchased are administered through a third-party company, Warrantech.
Why did HHGregg fail?
HHGregg collapsed earlier this year after failing to adapt to e-commerce and focusing too long on competitive product lines such as televisions and tablets. HHGregg pivoted to appliances under CEO Bob Riesbeck but could not boost sales quickly enough in that category to turn the company around.
Who covers HHGregg warranty?
“The extended warranties purchased are administered through a third-party company, Warrantech,” she said. “If you need to schedule service, Warrantech can be reached at 877-456-9643. The company was founded in 1955, and it has 220 stores in 19 states.
Who founded HHGregg?
Electronics retailer HHGregg, founded in 1955 by H.H. and Fansy Gregg in Indianapolis, announced March 2 that it was closing 88 of its 220 stores and filed for bankruptcy protection five days later, announcing that it planned to sell itself.
Is HHGregg back in business?
Hhgregg returning as an online-only brand mirrors the comeback strategy of fellow bankrupt retail chain The Limited. The Limited relaunched its flagship website on Friday, more than 10 months after shuttering it and filing for bankruptcy.
Who bought HHGregg?
Citimark
INDIANAPOLIS — Citimark has acquired the former headquarters of hhgregg Inc. and announced plans to redevelop the 27-acre property on the far north side of Indianapolis.