Around the Net
HHGregg Shuttering 88 Stores, Laying Off 1,500
- USA Today, Monday, March 6, 2017 8 AM
Struggling appliance and electronics retailer HHGregg is planning to close 88 of its weakest stores as part of an effort to stay afloat. The Indianapolis-based company on Thursday announced it would shutter stores in 15 states and close three distribution centers. The closings will be completed by mid-April and result in about 1,500 layoffs. HHGregg has about 5,000 employees.
