HHGregg

With TV business ‘forever changed,’ HHGregg retoolsRestricted Content

March 16, 2013
Greg Andrews
CEO Dennis May said: "We see the HHGregg of the future as a home products store that also sells consumer electronics."
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HHGregg merchandising post turns over again

March 5, 2013
J.K. Wall
HHGregg Inc. on Tuesday hired its third chief merchandising officer in just over a year as the Indianapolis-based electronics retailer continues to struggle to overcome plummeting sales of televisions.
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HHGregg profit falls on sinking same-store sales

January 31, 2013
Scott Olson
The Indianapolis-based appliance and electronics retailer said profit fell 23 percent in its fiscal third quarter as slumping demand for televisions caused same-store sales to drop.
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HHGregg ratchets back, but analysts still uneasyRestricted Content

January 19, 2013
Greg Andrews
HHGregg now has 228 stores in 20 states. So it has grown a great deal. But the “exceptional store economics” it used to promote are gone, thanks largely to a breathtaking collapse in sales of flat-screen televisions.
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HHGregg shares tumble on profit warning

January 14, 2013
Cory Schouten
HHGregg shares fell 10 percent in early trading Monday after the Indianapolis-based appliance and electronics retailer slashed its 2013 profit forecast almost 25 percent on a sharper-than-expected drop in television sales.
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SKARBECK: Value investors tempted by HHGregg valuationsRestricted Content

January 12, 2013
Ken Skarbeck
A fascinating case study can be found in the divergent fortunes of locally based HHGregg and Texas-based Conn’s Inc.
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Experts predict 20-percent growth in Cyber Monday shopping

November 26, 2012
 IBJ Staff and Associated Press
This year's Cyber Monday could be the biggest online shopping day of the year for the third year in a row. Indianapolis-based retailers The Finish Line and HHGregg are among those offering Cyber Monday specials.
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HHGregg adds furniture, exercise gear as TV sales fall

November 2, 2012
Cory Schouten
HHGregg Inc. is looking for ways to boost sales at its 224 stores in coming months as the homegrown company fights to offset a huge drop in TV sales. The retailer reported a big decline in quarterly revenue Friday, but its shares soared nearly 19 percent.
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HHGregg shares slide as company abandons Michigan plans

September 26, 2012
Scott Olson
The stock price of the Indianapolis-based appliance and electronics retailer fell by more than 18 percent this week after the company disclosed that it is postponing plans to open stores in Michigan.
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HHGregg's new push: Selling treadmills alongside TVs

September 1, 2012
Greg Andrews
The appliance and electronics retailer is quietly launching a test of furniture and fitness equipment, with rollouts scheduled for 31 of its more than 200 stores.
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PROXY CORNER: HHGregg Inc.Restricted Content

August 18, 2012
 IBJ Staff
Indianapolis-based HHGregg Inc is a retailer of consumer electronics and home appliances. It operates 212 stores in 17 states.
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HHGregg posts quarterly loss on poor TV sales, as expected

August 2, 2012
Scott Olson
Disappointing sales at stores open at least a year dragged Indianapolis-based HHGregg Inc. to a rare quarterly loss, the appliance and electronics retail chain said on Thursday.
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HHGregg setbacks reflect deeper woes, some fear

July 21, 2012
Greg Andrews
Retailer's operating income is the same as five years ago, even though it has triple the number of stores.
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HHGregg shares plummet on new earnings forecast

July 11, 2012
 IBJ Staff and Associated Press
HHGregg Inc. shares plunged Wednesday after the Indianapolis-based appliance and electronics retailer said it expects to report a wider first-quarter loss because of weak sales in its video business. It also cut its full-year outlook.
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Largest Indiana public companies mostly fared well in 2011Restricted Content

June 16, 2012
Performance varied widely as industries ebbed, flowed.
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HHGregg’s profit jumps on life-insurance payout

May 23, 2012
Scott Olson
The Indianapolis-based appliance and electronics retailer on Wednesday reported fiscal quarterly profit of $53.6 million, including $39.6 million from a life insurance policy the company took out on former executive chairman Jerry W. Throgmartin.
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Best Buy's turnaround may pinch HHGreggRestricted Content

April 28, 2012
Cory Schouten
The struggling electronics chain Best Buy has launched a turnaround strategy that borrows more than a few pages from the playbook of competitor HHGregg.
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HHGregg gets $40M from life insurance on former CEO

February 29, 2012
Cory Schouten
HHGregg has collected a $40 million payout from a life insurance policy it took out on former executive chairman Jerry W. Throgmartin, who died in January after a sudden illness.
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HHGregg reports smaller profit in fiscal third quarter

February 8, 2012
The appliance and electronics retailer attributed the decline to lower-than-expected profit margins and higher spending on advertising.
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Meningitis complications felled Throgmartin, family says

January 25, 2012
Meningitis, a rare disorder caused by an infection of the membranes covering the brain and spinal cord, usually can be treated but is sometimes fatal.
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Deceased HHGregg chairman oversaw explosive growth

January 23, 2012
Greg Andrews
Jerry Throgmartin helped transform HHGregg from a local electronics retailer into a national player with more than $2 billion in revenue. He died over the weekend while visiting his ranch in Colorado.
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HHGregg shares sink on disappointing earnings

January 10, 2012
Associated Press
Appliance and electronics retailer HHGregg Inc.'s stock price fell more than 15 percent Tuesday after it reported lower-than-expected earnings for the fiscal third quarter.
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Deceased HHGregg executive prospered in tough industryRestricted Content

December 17, 2011
Greg Andrews
Jerry Throgmartin, 57, died Jan. 22, 2012, at the age of 57. His family said he died from complications of meningitis—an infection that leads to inflammation of the membranes covering the brain and spinal cord.
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HHGregg shares surge on strong quarterly profit

November 2, 2011
Scott Olson
HHGregg Inc.’s stock price shot up nearly 20 percent late Wednesday morning after the Indianapolis-based appliance and electronics retailer reported strong earnings.
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Finish Line, HHGregg step up their e-commerce strategiesRestricted Content

October 12, 2011
Greg Andrews
Traditional retailers are trying to connect with customers, however and whenever they want to do business.
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