H. H. Gregg

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H. H. Gregg, Inc. (stylized as hhgregg, HHgregg or HHGregg on its website) is an American online retailer and former retail chain of consumer electronics and home appliances in the Midwest, Northeast, and Southeast United States, that operated stores in 21 states including Alabama, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Mississippi, Missouri, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia, West Virginia and Wisconsin. Valor Group LLC purchased the brand from the company's bankruptcy trustee for $400,000 (~$501,920 in 2024) in 2017. H. H. Gregg closed all stores in liquidation and had been operating as an online-only retailer since August that year. Founded in Princeton, Indiana, in 1955, H. H. Gregg was headquartered in Indianapolis, Indiana, when it ceased operating. Its retail offerings included home entertainment video and audio products, computers, and other selected consumer electronics and home appliances, such as refrigerators, ranges, dishwashers, freezers, washers, dryers, and other products and services, including mattresses. H. H. Gregg reported an annual revenue of US$1.96 billion in fiscal year 2016. In 2017, H. H. Gregg filed for Chapter 11 bankruptcy. The filing followed the decision to close 88 unprofitable locations outside of its core markets. Troubles for H. H. Gregg continued, and the Chapter 11 case was ultimately converted to Chapter 7 liquidation. The company announced later that year that it would also close all of its other stores (132 more than the 88 previously announced closures) in the coming months and would lay off about 5,000 people.