October 19, 2010

hhgregg Announces the Grand Opening of Naples, FL and Ft. Myers, FL Stores

New Southwestern Florida Stores to Offer Wide Selection of Appliances and Electronics

INDIANAPOLIS, Oct 19, 2010 (BUSINESS WIRE) -- Indianapolis-based appliance and electronics leader hhgregg (NYSE:HGG) today announced that it will open its new Naples, FL and Ft. Myers, FL stores on Thursday, October 21st. The new stores, located at 5052 Airport Pulling Road North in Naples, FL and 5100 South Cleveland Avenue, Suite 101 in Ft. Myers, FL, brings the company's total number of stores in the state to 22.

A ribbon-cutting ceremony will take place at 2:45 p.m. on Thursday, followed by the official store opening at 3:00 p.m. hhgregg will hold a Grand Opening sale from October 21st - October 30th, providing local residents with low prices on hhgregg's wide selection of televisions, appliances and electronics. Customers will also be able to take advantage of special financing options on items throughout the store, and will have a chance to register to win a Frigidaire Stainless Steel Appliance Package or a Magellan GPS.

"The opening of our new stores in Naples and Ft. Myers illustrates hhgregg's commitment to expanding operations in Southwestern Florida," said Jeff Pearson, vice president of marketing for hhgregg. "Customers in both areas can expect to find the same great service and advice that has been the driving force of our growth and success."

Approximately 50 residents have been hired to staff each of the 30,000 square foot stores. Each employee undergoes a comprehensive training program and receives more than 200 hours of product training each year. Like all hhgregg locations, the new Naples and Ft. Myers stores will showcase over 100 digital TVs and have more than 400 major appliances in stock every day.

To learn more about upcoming hhgregg store openings, please visit the "hhGO" link on the company's website, http://www.hhgregg.com/, or visit http://www.hhgreggnewstores.com/.

CORPORATE OVERVIEW

hhgregg is a specialty retailer of consumer electronics, home appliances, and related products and services operating under the name hhgregg(TM) and Fine Lines(TM). hhgregg currently operates 171 stores in Alabama, Delaware, Florida, Georgia, Indiana, Kentucky, Maryland, Mississippi, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Virginia.

SOURCE: hhgregg

ICR for hhgregg
Kristina Jorge, 203-682-8349
Kristina.Jorge@icrinc.com

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