Not exact matches
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).
«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.
At press time
hhgregg had one stalking horse bidder and was
said to be taking additional bids until April 21.
DDR's results for the first quarter were weighed down by bankruptcies of Sports Authority,
hhgregg and Golfsmith,
said Michael Makinen.