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hhgregg Coming To New Jersey

10/13/2009 11:16:23 AM Eastern

Indianapolis - hhgregg's aggressive build-out into the
Mid-Atlantic States will bring it into New Jersey next spring.

According to a report in The Press of Atlantic City, the multiregional
CE and appliance chain will be moving into a former Circuit City storefront in
Hamilton Township, located about 10 miles from Atlantic City.

hhgregg expects to open the store in about six months.

hhgregg Planning For Mid-Atlantic States Expansion

hhgregg To Move Into New Markets; Nat 

The Garden State location is one of about 45 new stores planned
for next year in the Mid-Atlantic market, including the Baltimore, Washington
and nearby Philadelphia metro areas.

hhgregg's initial entry into South Jersey could foreshadow a
marketplace clash with regional powerhouses Sixth Avenue Electronics and P.C.
Richard & Son. New Jersey-based Sixth Avenue opened the first of several
planned Philadelphia-area stores last spring, while Long Island-based P.C.
Richard has opened a major distribution center in Central New Jersey along with
a number of new satellite stores there this year.