'If they knew they weren't going to be able to make good on the appliances, and they canceled the order the same day we wrote the check, why didn't they just call us back and say, 'well, here's your check back!'' she said. She says there isn't any more insurance money left to buy anything else. It's another mountain to climb for Walker who is planning to move back home this month. This bankruptcy affects thousands of customers around the country who have made purchases but have not received their product. Walker called the company Thursday and was told over the phone by an employee, 'Due to the bankruptcy, the court will only allow HHGregg to refund each customer a maximum of $2,850.' The HHGregg store at the Mall of Louisiana is locked and empty. The turnaround was not successful and the company filed for chapter 11 bankruptcy on March 6. In March, HHGregg announced it was undergoing a turnaround in hopes of improving business and closed 88 stores in 15 states. Saturday morning shootings leave two dead, one hurt.3 shot on Choctaw Drive at North Ardenwood Drive Sunday morning.The company told her over the phone she would be reimbursed $2,850 and would have to file a proof of claim to get the rest. The order had been canceled on February 17, the day Walker wrote the second check to HHGregg. 'The order was canceled on the 17th,' said Walker. After multiple delivery delays she learned her order had been canceled. She scheduled a delivery date for March 14 and waited around all day but the items never came. Walker said she was assured the items would be delivered to her Baton Rouge home when she was ready. One on February 10 and another on February 17. It was one of her final purchases made with her flood insurance money she received following the August flood. In February, Walker purchased a refrigerator, dishwasher, microwave, stove, washer and dryer for a total of $10,238.61. 'Without the appliances we can't go back home,' she said. “But it will get back to normal.BATON ROUGE - A woman bought thousands of dollars in appliances at HHGregg, but since the company filed for bankruptcy everything's gone south.Īlarice Walker says she won't be seeing those appliances or her money. “The electronics business is clearly in a little bit of a lull,” Throgmartin said. Gregg that the electronics business is up for grabs. That vulnerability is raising hopes of regional chains like H.H. 31, according to the filings.īest Buy Co., the world’s largest consumer electronics retailer, surprised investors in December when it slashed its annual profit forecast and reported for the first time that it had started to lose market share. Gregg’s sales for the nine months ended Dec. Televisions and appliances accounted for 82 percent of H.H. Appliance retailers, for their part, have been hard hit by the downturn in the housing market.

Gregg is taking its chances expanding while the electronics and housing industries are in a funk.Įlectronics merchants face increased challenges from the Internet, falling TV prices and a lukewarm consumer reception to new 3-D TVs. Gregg envisions eventually operating 600 stores nationwide, Dennis May, the company’s president and chief executive, said at an investment conference Tuesday. In total, the company plans to open 35 to 45 new stores in fiscal 2012 in Chicago, Miami and Pittsburgh. The retailer opened 46 stores in the past 12 months and spends on average $1.9 million to open one store, according to regulatory filings. In the Chicago area, Borders plans to close 15 stores. Chapter 11 bankruptcy reorganization announced Wednesday, and he said he is “absolutely” eyeing some of 200 bookstores Borders intends to shutter nationwide. Throgmartin is closely following the Borders Group Inc. Aside from Circuit City sites, the retailer also is moving into stores vacated by bankrupt retailers Wickes Furniture and Linens ‘n Things. Gregg is taking advantage of big-box real estate left empty as retailers succumbed to the economic downturn. The company is still in the process of signing leases but has firm plans to open stores in Schaumburg, Niles, Vernon Hills, Downers Grove and Merrillville, Ind. Throgmartin plans to interview all of the prospective store managers himself, a practice he follows at all store openings, he said. The retailer plans to hire 900 workers with the spate of Chicago store openings, including 50 to 100 workers for a yet-to-be named distribution facility.

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