Electronics tradesman hhgregg is going out of business

Consumer wiring sequence hhgregg Inc. is going out of business and shutting down all a stores.

The Indianapolis association pronounced Friday that it will repay a resources after unwell to find a customer for a business. It filed for failure insurance in March.

Founded in 1955, a tradesman had 220 stores in 19 states offered vital appliances like washers and TVs, as good as computers and home museum systems. As of May final year, it had about 5,000 employees.

Just days before announcing a failure insurance filing final month, hhgregg pronounced it designed to trim down by shutting 3 placement centers and 88 stores. But a pierce was not adequate to deliver a chain.

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