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hhgregg Coming To New Jersey

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.

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.

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