HHGregg’s new push: Selling treadmills alongside TVs
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.
HHGregg
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PROXY CORNER: HHGregg Inc.
Indianapolis-based HHGregg Inc is a retailer of consumer electronics and home appliances. It operates 212 stores in 17 states.
HHGregg posts quarterly loss on poor TV sales, as expected
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.
HHGregg setbacks reflect deeper woes, some fear
Retailer’s operating income is the same as five years ago, even though it has triple the number of stores.
HHGregg shares plummet on new earnings forecast
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.
Largest Indiana public companies mostly fared well in 2011
Performance varied widely as industries ebbed, flowed.
HHGregg’s profit jumps on life-insurance payout
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.
Best Buy’s turnaround may pinch HHGregg
The struggling electronics chain Best Buy has launched a turnaround strategy that borrows more than a few pages from the playbook of competitor HHGregg.
HHGregg gets $40M from life insurance on former CEO
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.
HHGregg reports smaller profit in fiscal third quarter
The appliance and electronics retailer attributed the decline to lower-than-expected profit margins and higher spending on advertising.
Meningitis complications felled Throgmartin, family says
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.
Deceased HHGregg chairman oversaw explosive growth
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.
HHGregg shares sink on disappointing earnings
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.
Deceased HHGregg executive prospered in tough industry
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.
HHGregg shares surge on strong quarterly profit
HHGregg Inc.’s stock price shot up nearly 20 percent late Wednesday morning after the Indianapolis-based appliance and electronics retailer reported strong earnings.
Finish Line, HHGregg step up their e-commerce strategies
Traditional retailers are trying to connect with customers, however and whenever they want to do business.
HHGregg shares plunge after rare quarterly loss
Shares of electronics and appliance retailer HHGregg Inc. slumped more than 18 percent Thursday morning, to a two-year low, after the chain reported its first quarterly loss in four years.
Retailer HHGregg suffers rare quarterly loss
The appliance and electronics retailer on Thursday reported a loss of $800,000, or 2 cents per share, in its fiscal first quarter ended June 30—just its second quarterly loss since going public in 2007.
PROXY CORNER: HHGregg Inc.
Indianapolis-based HHGregg Inc. is a specialty retailer of consumer electronics and home appliances. It operates 180 stores in 15 states.
HHGregg gets ‘Help’ from Beatles to sell big screens
The Indianapolis-based retailer launched its first national advertising campaign using the tagline “We Help” and the Beatles song “Help!” as its soundtrack.