January 25, 2011

hhgregg Announces the Grand Opening of Pensacola, FL Store

New Store to Offer Wide Selection of Appliances and Electronics

INDIANAPOLIS--(BUSINESS WIRE)-- Indianapolis-based appliance and electronics leader hhgregg (NYSE:HGG) today announced that it will open a new store in Pensacola, FL on Thursday, January 27th. The new store, located at 1210 Airport Boulevard, is hhgregg's first in Northwest Florida and brings the company's total number of stores in the state to 23.

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 January 27thFebruary 5th, 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.

"We are pleased to be able to expand our business into the Northwest Florida market," said Jeff Pearson, vice president of marketing for hhgregg. "The opening of the new Pensacola store symbolizes hhgregg's commitment Florida customers, and we look forward to providing residents in Pensacola and surrounding areas with a convenient place to shop for all of their appliance and electronics needs."

Approximately 50 residents have been hired to staff the 30,000 square foot store. Each employee undergoes a comprehensive training program and receives more than 200 hours of product training each year. Like all hhgregg locations, the new Pensacola store will showcase over 100 digital TVs and has 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 174 stores in Alabama, Delaware, Florida, Georgia, Indiana, Kentucky, Maryland, Mississippi, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee and Virginia.

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

Source: hhgregg

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