H.H. Gregg Adding Stores, E-tail Site
By Alan Wolf -- TWICE, 7/11/2001
Indianapolis, Ind. -H.H. Gregg, the Midwest majap and CE chain, plans to add 11 new units over the course of its current fiscal year ending March 2002, bringing the store count to 46.
The new construction includes two stores in Dayton, Ohio, eight within the Cleveland, Akron and Canton area, and one in the Indianapolis suburb of Avon. Of those, one Dayton store is already up and running while the Avon unit is scheduled to open next week. All will be consistent with the company's average 30,000-square-foot footprint.
To support the expansion, the retailer, which operates in Indiana, Kentucky, Ohio and Tennessee, will also open a 60,000-square-foot distribution facility in Cleveland to house big screen TVs and major appliances that are earmarked for home delivery.
The build out continues an expansion strategy that saw 14 units added over the past two years, effectively doubling the dealer's store count from 18 locations in 1999.
In other news, the company is adding an e-tail function to its website, www.hhgregg.com. The site, which had been informational only, is scheduled to begin selling a limited selection of major appliances next week, and will add CE to the assortment within 30 days.
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