INDIANAPOLIS, Ind. (WTTV) — Appliance and electronic store HHGregg informed employees that all company stores nationwide will be closing, CBS affiliate WTTV reports.
According to WTTV, the company reportedly said they already began the liquidation process last week, and that the company will be completely out of business in around eight weeks.
The company announced March 2 that it would be closing 88 stores across the country.
President and CEO of HHGregg released a statement Friday:
“While we had discussions with more than 50 private equity firms, strategic buyers and other investors, unfortunately, we were unsuccessful in our plan to secure a via…
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