HHGregg closing 88 stores by April, Mall of Louisiana included




(PPN) – Electronic, furniture, and appliance retailer HHGregg announced that they will be closing 40% of their stores due to slow sales. This will cut about 1,500 jobs throughout the country. On November 13, 2012 the company announced its grand opening for the Mall of Louisiana location in Baton Rouge. Two more were opened in Metairie and Harvey later that year.

HHGregg has 220 stores in 19 states and all three in Louisiana will be shut down. They are also seeking to file bankruptcy soon this month.

President and CEO Robert Riebeck gave this written statement justifying the store closures: “We are strategically exiting markets and stores that are not financially profitable for us. This is a proactive decision to streamline our store footprint in the markets where we have been, and will continue to be, important to our customers, vendor partners and communities.”

The company will have final closing deals over the next few weeks and expect to have all non-profitable stores closed by mid-April. Last month, HHGregg sales dropped by 22 percent at newly opened stores.  A new financial adviser and investment banker was hired last month to turn its profits in a positive direction.

Below is a full list of stores that will be shut down, as provided by hhgregg.com.

ALABAMA

  • Mobile, AL
  • Trussville, AL

DELAWARE

  • Dover, DE
  • Newark, DE
  • Wilmington, DE

FLORIDA

  • Aventura, FL
  • Boca Raton, FL
  • Florida Mall, Orlando, FL
  • Ft. Lauderdale, FL
  • Hialeah, FL
  • Homestead, FL
  • Kendall, Miami, FL
  • Pembroke Pines, FL
  • Pensacola, FL
  • Pinecrest, FL
  • Sawgrass, Plantation, FL
  • Treasure Coast Mall, Jensen Beach, FL
  • Wellington, FL
  • West Palm Beach, FL

GEORGIA

  • Buckhead, Atlanta, GA
  • Gainesville, FL
  • Gwinnett, Duluth, GA
  • Southlake, Morrow, GA
  • Stonecrest, Lithonia, GA

ILLINOIS

  • Arlington Heights, IL
  • Bloomingdale, IL
  • Champaign, IL
  • Niles, IL
  • Schaumburg, IL
  • Springfield, IL

LOUISIANA

  • Kenner Westgate, Metairie, LA
  • Mall of Louisiana, Baton Rouge, LA
  • Westbank, Harvey, LA

MARYLAND

  • Annapolis, MD
  • Bel Air, MD
  • Catonsville, MD
  • Frederick, MD
  • Glen Burnie, MD
  • Hagerstown, MD
  • Hanover, MD
  • Largo, MD
  • Rockville, MD
  • Towson, MD
  • Waldorf, MD

MISSOURI

  • Chesterfield, MO

NEW JERSEY

  • Deptford, Woodbury, NJ
  • Mays Landing, NJ
  • Moorestown, NJ

NORTH CAROLINA

  • Asheville, NC
  • Cary, NC
  • Durham, NC
  • Mooresville, NC

OHIO

  • Fairlawn, Akron, OH
  • Mansfield, OH
  • Newark, Heath, OH
  • Tri-County, Springdale, OH

PENNSYLVANIA

  • Dickson City, PA
  • Downingtown, PA
  • Erie, PA
  • King of Prussia, Berwyn, PA
  • Lancaster, PA
  • Langhorne, PA
  • Lower Paxon, Harrisburg, PA
  • Mechanicsburg, PA
  • Montgomeryville, North Wales, PA
  • North Hills, Pittsburgh, PA
  • Whitehall, PA
  • Whitman Square, Philadelphia, PA
  • Wilkes-Barre, PA
  • Wyomissing, PA
  • York, PA

TENNESSEE

  • Mt. Juliet, TN

VIRGINIA

  • Bailey’s Crossroads, Falls Church, VA
  • Chesapeake, VA
  • Chesterfield, Midlothian, VA
  • Colonial Heights, VA
  • Fairfax, VA
  • Fredericksburg, VA
  • Manassas, VA
  • Newport News, VA
  • Roanoke, VA
  • Short Pump, Henrico, VA
  • Springfield, VA
  • Sterling, VA
  • Virginia Beach, VA
  • Winchester, VA
  • Woodbridge, VA

WEST VIRGINIA

  • Parkersburg, Vienna, WV
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