Tuesday, March 23, 2010

hhgregg Announces the Grand Opening of its Colonial Heights, VA and Roanoke, VA stores

hhgregg Announces the Grand Opening of its Colonial Heights, VA and Roanoke, VA stores

Stores to Feature Wide Selection of Brand Name Appliances and Electronics

INDIANAPOLIS, Mar 23, 2010 (BUSINESS WIRE) -- Indianapolis-based appliance and electronics leader hhgregg (NYSE:HGG) today announced that it will open two new stores in Virginia on Thursday, March, 25th. The new stores are located in Colonial Heights at 820 Southpark Blvd. and Roanoke at 1900 Valley View Blvd. NW and bring the company's total number of stores in the state to six. hhgregg currently operates locations in Midlothian, Henrico, Newport News and Virginia Beach.

A ribbon-cutting ceremony for each store will take place at 2:45 p.m. on Thursday, followed by the official store openings at 3:00 p.m. Grand Opening sales will be held at each new store from March 25th - April 3rd, providing local residents with low prices on hhgregg's wide selection of televisions, appliances and electronics. Customers will also be able to take advantage of special financing options on items throughout the stores, and will have a chance to register to win a Frigidaire Stainless Steel Appliance Package or a Magellan GPS.

"The opening of our Colonial Heights and Roanoke stores illustrates hhgregg's commitment to expand operations in the state of Virginia," said Jeff Pearson, vice president of marketing at hhgregg. "Shoppers in both areas can expect to find a wide selection of electronics and appliances at competitive prices, along with top-notch customer service from our knowledgeable sales team."

Approximately 50 residents from each area have been hired to staff the roughly 30,000 square foot stores. All employees undergo a comprehensive training program and receive more than 200 hours of product training each year. Like all hhgregg locations the Colonial Heights and Roanoke stores will showcase over 100 digital TVs and have more than 400 major appliances in stock every day.

CORPORATE OVERVIEW

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 131 stores in Alabama, Florida, Georgia, Indiana, Kentucky, Mississippi, North Carolina, Ohio, South Carolina, Tennessee and Virginia.

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