- Mitchell Northam The Atlanta Journal-Constitution
If you’re looking to buy a dishwasher at a discounted price, you might be able to find one at hhgregg, as long as you get there before the end of May.
The going-out-of-business sales have begun for the 62-year-old electronics and appliances retailer.
On Friday, April 7 — about a month after filing for Chapter 11 bankruptcy — hhgregg announced that it will close all 220 of its stores by the end of May, affecting about 5,000 jobs across the U.S.
There are 12 hhgregg locations within 35 miles of Atlanta, and the retailer also has a store in Macon. The Georgia Department of Economic Development has not yet listed WARN data for hhregg online, making it unclear when exactly hhgregg’s Georgia locations will close and how many jobs will be impacted.
"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 viable buyer of the business on a going-concern basis within the expedited timeline set by our creditors,” hhgregg CEO Bob Riesbeck said in a statement.
Shoppers have just a few weeks to use up gift cards at hhgregg, and the IndyStar reports that hhregg is limiting refunds on items bought before March 6 to $2,850.