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hhgregg Opens Its 1st Florida Stores Today

3/27/2008 10:26:00 AM Eastern

Jacksonville, Fla. – hhgregg will formally open its first two Florida stores this afternoon.

The stores, located here and in Daytona Beach, are the first of about 30 boxes that the Indianapolis-based majap and CE chain plans to operate in the Sunshine State. The company has already opened two regional distribution centers here and in Orlando in anticipation of the expansion, which centers on Central and Northern Florida.

The retailer is holding chain-wide sales today through Saturday to mark its first foray into Florida.

“Our expansion into Florida demonstrates hhgregg’s continued strong and controlled growth strategy of breaking into new markets with multiple locations, as we’ll continue to open additional retail locations across the Sunshine State,” said hhgregg chairman/CEO Jerry Throgmartin. “We look forward to serving and exceeding the needs of our Florida patrons by providing a superior customer purchase experience through our expert sales associates, new store designs, competitive prices and convenient delivery services.”

This afternoon’s openings will bring hhgregg’s total store count to 91 locations in nine states.

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