Monday, November 24, 2008

hhgregg Launches Gaming Business Across Chain

Retailer to Provide One-Stop Shop for Popular Video Game Bundles


Indianapolis-based appliance and electronics leader, hhgregg (NYSE:HGG) today announced its entrance into the gaming business. The retailer will be selling video game bundles with popular games and various other accessories in each of its 109 locations across its nine-state network, beginning on November 28, 2008.

"As hhgregg continues its disciplined growth, we are committed to continually assessing our product offerings to best meet the needs of our customers," said hhgregg Chairman and CEO, Jerry Throgmartin. "We are pleased to now offer our loyal patrons some of the most popular merchandise in the gaming market today. hhgregg will provide our customers with a convenient, one-stop gaming solution, packaging gaming consoles with its respective games, controllers and other accessories. This customer-friendly gaming package will make a great gift for the upcoming holiday season."

hhgregg's initial assortment of gaming inventory will include MicrosoftXbox 360 Arcade, Xbox 360 Pro, Sony PS3 and Nintendo Wii. In addition, hhgregg will offer top gaming accessories for these platforms, including "Guitar Hero" and Wii accessories. The company will also be carrying hand-held gaming devices, such as Nintendo DS and Sony PSP.

hhgregg will be conducting its industry-leading training program with its sales staff to ensure they are properly educated on all gaming products. Renowned for its experienced sales teams, hhgregg associates undergo a rigorous training process to help the customer make the most informed purchase decision possible.

"Our knowledgeable sales force will provide our customers with expert advice on the new gaming merchandise offered at hhgregg as part of our superior purchase experience that is unmatched in the industry," said hhgregg President and COO, Dennis May.

hhgregg (NYSE: HGG) is a specialty retailer of consumer electronics, home appliances, mattresses and related services operating under the names hhgregg(R) and Fine Lines(R). hhgregg currently operates 109 stores in Alabama, Florida, Georgia, Indiana, Kentucky, North Carolina, Ohio, South Carolina and Tennessee.

SOURCE: hhgregg

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