November 18, 2009

hhgregg Announces the Grand Opening of Two New Stores in Richmond, VA

Stores to Feature Wide Selection of Brand Name Appliances and Electronics

INDIANAPOLIS, Nov 18, 2009 (BUSINESS WIRE) -- Indianapolis-based appliance and electronics leader hhgregg (NYSE:HGG) today announced the opening of two new stores in the Richmond, VA area on Thursday November, 19th. The two stores are the first to open in Virginia and are located in Short Pump at 11732 West Broad Street, Henrico and in Chesterfield Town Center at 1321 Huguenot Road, Midlothian. A ribbon-cutting ceremony for each store will take place at 2:45 p.m. on Thursday, followed by the official store openings at 3:00 p.m.

"We are very excited to be opening our first stores in Virginia," said Jeff Pearson, vice president of marketing, hhgregg. "Shoppers can expect to see a wide selection of electronics and appliances at competitive prices, along with top-notch customer service from our knowledgeable sales team. The opening of these new stores demonstrates our commitment to the mid-Atlantic region and will give Richmond-area residents a convenient place to shop for all of their electronics needs, just in time for the holidays."

About one hundred local residents have been hired to staff the two Richmond stores, and additional temporary employees have been hired for the holiday season. The 43,000 square foot Chesterfield store includes a Regional Training Center that will be used to train future managers and associates throughout the mid-Atlantic region. hhgregg employees all undergo a comprehensive training program and receive more than 200 hours of training each year.

A Grand Opening sale will be held at each new store from November 19th - 25th, providing low prices on televisions, appliances and electronics throughout the store.

To celebrate the new stores, and introduce more consumers to hhgregg, the Company will launch its "Show Me Your State" Facebook photo contest to all Virginia residents from November 19th - 26th. Residents simply download a picture of hhgregg's mascot, "hh," take a picture of him at their favorite location in Virginia, and post it to his Facebook page for a chance to win a high-end digital camera. For official rules, please visit: www.hhgregg.com/ShowMeYourState

CORPORATE OVERVIEW

hhgregg (NYSE: HGG) is a specialty retailer of consumer electronics, home appliances, mattresses and related services operating under the names hhgregg(R) and Fine Lines(R). hhgregg currently operates 128 stores in Alabama, Florida, Georgia, Indiana, Kentucky, Mississippi, North Carolina, Ohio, South Carolina, Tennessee and Virginia.

SOURCE: hhgregg

hhgregg
Jeff Pearson, 317-816-1529
or
ICR for hhgregg
Jason Chudoba, 203-682-8332
Jason.Chudoba@icrinc.com

Copyright Business Wire 2009


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