Sentences with word «hhgregg»

Based on recent sales results, electronics retailer hhgregg has begun experiencing the same woes that sunk Circuit City and have been plaguing Best Buy — the chain has trouble competing with the low prices and...

One aspect of hhgregg's debt is pegged to its commercial real estate properties, many of which are net leased and are pegged to CMBS loans.

At press time hhgregg had one stalking horse bidder and was said to be taking additional bids until April 21.

In addition, Best Buy's appliance sales could benefit from the recent bankruptcy of one - time rival hhgregg.

Anthony Chukumba of Loop Capital says Best Buy Co Inc (NYSE: BBY) could be a primary beneficiary of potential bankruptcy filing of peer hhgregg, Inc. (NYSE: HGG).

There were several media reports saying hhgregg is preparing to file for bankruptcy as the company continues to struggle with declining...

# 2 is the chance to win a $ 50 hhgregg gift card from us here at TechWeLike.

One Liberty Properties Inc. acquired two Chicago area properties from hhgregg Inc. for an aggregate price of $ 8 million.

hhgregg operates the properties as consumer electronics stores.

Tenants at the center include hhgregg, Ross Dress for Less, Bed Bath & Beyond, Michaels, Old Navy, Olive Garden and Red Lobster.

In August 2008 hhgregg celebrated a milestone in the opening of its 100th store in Mishawaka, Ind..

Four days after announcing its plans to scale back its store count, hhgregg filed for Chapter 11 bankruptcy protection to resolve about $ 80 million in debt.

That particular hhgregg, however, is on another list of stores, one that is less illustrious.

As hhgregg expanded, it did not effectively distinguish itself from other companies selling consumer electronics and home appliances — a critical mistake at a time when online bargain shopping began to erase brand loyalty among cost - conscious consumers.

In terms of the sale of properties, hhgregg locations price between $ 2 million and $ 5 million, with a cap rate of between 6 percent and 7 percent, according to Triple Net Investment Group.

Stan Johnson Co. completed the sale of a 43,505 - square - foot retail building in Midlothian, Va., 100 percent occupied by hhgregg to a New Jersey - based private investor.

- ft. hhgregg store in Raleigh, N.C. from DDR Corp. for $ 3.7 million.

Based on recent sales results, electronics retailer hhgregg has begun experiencing the same woes that sunk Circuit City and have been plaguing Best Buy — the chain has trouble competing with the low prices and convenience offered by online...

That stellar performance, the chain's best in fifteen years, was bolstered by outside factors such as having more mobile phones to sell and the bankruptcies of RadioShack and hhgregg and ongoing problems at Sears.

Comment: hhgregg's operating income has not changed in five years ago, according to Seeking Alpha.

Best Buy Co Inc (NYSE: BBY) would be «the major beneficiary of an hhgregg liquidation,» Loop Capital's Anthony...

The landlord of a Catonsville store that was once home to the electronics and appliance retailer hhgregg is looking for a tenant.

You may remember that I recently won an awesome new washer and dryer set at an hhgregg event.

A year later, roughly 60 percent of that space has been spoken for through new deals with expanding retailers including Bed, Bath & Beyond, hhgregg, T.J. Maxx, Forever 21, Best Buy and others.

The hhgregg at Simon Property Group's Arundel Marketplace in Hanover, Md., is surrounded by quality retail neighbors, including Michael's and PetsMart.

At first, hhgregg's real estate expansion strategy seemed to make sense.

«The markets we will remain in are the right ones for our customers and our business model,» Robert J. Riesbeck, hhgregg's president and CEO, said in a statement.

By the end of 2015, hhgregg had peaked at around 227 stores in 20 states.

For hhgregg, the recent developments are a reversal from its bid since 2009 to expand from a husband and wife company mostly associated with Indiana into a recognizable national brand.

Of course, it didn't help that hhgregg did not create compelling reasons for consumers to buy its washing machines and televisions, as opposed to buying from any other electronics retailer.

On the debt side, credit rating agencies believe that of the hhgregg properties that are slated to close, no more than 18 related loans in about 10 CMBS transactions would be adversely affected by the announced closures, according to reports from both Moody's Investors Service and Morningstar Credit Ratings.

DDR's results for the first quarter were weighed down by bankruptcies of Sports Authority, hhgregg and Golfsmith, said Michael Makinen.

Growing electronics retailer hhgregg might be one.

And given the amount of competition Best Buy faces from Amazon, hhgregg, Wal - Mart, Target and others, it would likely require a major investment of capital to implement a successful retail turnaround at the chain.