hhgregg Opens 100th Store

hhgregg Opens 100th Store
August 22, 2008

Indianapolis-based appliance and electronics retailer hhgregg has hit the 100th store milestone with the opening of its newest location in Mishawaka, Indiana. On an disciplined and self-funded growth strategy, hhgregg just this year entered its ninth state with seven new stores in Florida. The company is on track with its plans to open 18 to 20 new stores in fiscal 2009. "More than 50 years ago, hhgregg opened its very first storefront location in The Hoosier State, and today's milestone opening of our 100th store testifies to the continued momentum and tremendous growth of our business," said Jerry Throgmartin, hhgregg Chairman and CEO. "We've doubled our store count in the last four years and successfully built an infrastructure that will accommodate additional stores as we continue to expand our presence across the nation." hhgregg currently operates 100 stores in Alabama, Florida, Georgia, Indiana, Kentucky, North Carolina, Ohio, South Carolina and Tennessee.

Produced by: Nielsen Business Media, a part of the Nielsen Company
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