company traded as nyse hgg industry retail founded 1955 ; 61 years ago 1955 as gregg appliances inc. princeton indiana u.s. founders harry harold fansy gregg headquarters indianapolis indiana u.s. number of locations 228 july 2014 1 key people cathy langham chairman of the board robert riesbeck ceo 2 products retailing electronics and appliances revenue us 2.338 b fy 2014 3 operating income us 2.677 m fy 2014 3 net income us 228 000 fy 2014 3 number of employees 5 124 website http www.hhgregg.com hhgregg inc. formerly gregg appliances inc. is a publicly owned and operated retailer of consumer electronics and home appliances in the midwest northeast and southeast united states . it has 5 124 full time employees and operates stores in 20 states including alabama delaware florida georgia illinois indiana kentucky louisiana maryland 4 mississippi new jersey north carolina ohio pennsylvania south carolina tennessee virginia and wisconsin . 5 founded in princeton indiana in 1955 hhgregg is headquartered in indianapolis indiana . its retail products include video products comprising televisions as well as dvd recorders ; home appliances such as refrigerators ranges dishwashers freezers washers and dryers ; and other products and services including audio hardware mattresses computers and other selected consumer electronics and accessories . 6 the company announced on november 24 2008 that they would begin selling popular gaming systems such as wii xbox 360 and playstation 3 . 7 hhgregg reported an annual revenue of us 2.474 billion in fiscal year 2013 . the company s current motto is gregg s got it contents 1 history 2 fine lines 3 stock 4 sponsorships 5 references 6 external links history edit an hhgregg retail store in florida in 1955 a small storefront was erected by henry harold and fansy gregg on the north side of indianapolis . the new store featured home appliances such as washing machines clothes dryers refrigerators and grills . shortly thereafter they began selling televisions and other electronics . map of hhgregg stores in the u.s. as of august 2011 . in 1975 jerry w. throgmartin began working in his grandfather s store while attending middle school . he eventually worked his way through many positions there over the next 24 years and in 1999 took over his father s position as chairman ceo and director of hhgregg appliances and electronics . 8 dennis l. may succeeded throgmartin as hhgregg s president and chief executive officer on february 17 2009 and throgmartin was named executive chairman of the board . 9 throgmartin died in january 2012 . 10 despite market trends that have diminished profit margins on high tech devices throgmartin and may expanded the business to 125 stores in 9 states as of october 2009 . throgmartin said we ve been fortunate in that the areas of the overall ce business that have been strong are the areas in which we excel high end large screen flat panel tvs and home theater and higher end appliances . 8 on july 8 2009 the company announced that it planned to open 22 stores in the following year primarily in richmond virginia tampa florida and in memphis tennessee many of them being in buildings formerly occupied by defunct circuit city as part of an aggressive growth strategy to fill the gap created by circuit city s bankruptcy . 11 in december 2009 construction began on several stores in the central and eastern parts of pennsylvania the first in the state . and march 2010 brought the openings of the first stores in the norfolk virginia beach metro area in converted circuit city and linens n things locations . in spring 2011 the company expanded into the youngstown ohio market with the opening of a store in the youngstown suburb boardman . 12 ten stores opened in july 2011 in south florida along the east coast from miami to west palm beach . an hhgregg in hanover maryland ; opened in 2010 in a former circuit city location in the fall of 2010 hhgregg opened several stores in former circuit city locations in maryland and virginia . 13 also in late 2010 hhgregg partnered with the cellular connection a cellular phone wholesaler based out of indianapolis to roll out kiosks to sell verizon wireless products citation needed in march 2011 hhgregg announced it would open a new location in myrtle beach south carolina also in the location of a defunct circuit city . 14 in june 2011 hhgregg expanded into the pittsburgh market with the opening of four stores in the pittsburgh metropolitan area . 15 on september 15 2011 14 new stores opened in the chicago area as well . 16 in september 2012 hhgregg opened four stores in the st. louis missouri metropolitan area . 17 in august 2012 hhgregg made its debut in wisconsin by opening stores in appleton brown deer greenfield green bay and racine . 18 in november 2012 it entered louisiana with stores in the new orleans metropolitan area and in baton rouge . 19 20 in february 2016 may resigned as ceo and robert riesbeck was named interim ceo . 11 in august 2016 riesbeck was named the permanent ceo . 2 fine lines edit fine lines is a division of hhgregg that was introduced november 1 2004 . 21 each of its ten stores offers over 18 000 square feet 1 700 m2 of premium lines of appliances . 22 products and brands vary by location . there are currently eleven fine lines locations 23 stock edit hhgregg had its initial public offering on july 20 2007 at us 13.72 and is traded on the new york stock exchange under the ticker symbol hgg . 24 sponsorships edit on december 17 2007 hhgregg signed as one of 14 founding corporate partners for the lucas oil stadium home of the nfl s indianapolis colts . hhgregg s deal earned them rights to advertise in the south gate and display many of their large flat panel televisions . the south gate is also home to a new 26 000 square foot 2 400 m2 hhgregg showroom . 25 references edit hhgregg announces first fiscal quarter operating results press release . retrieved 2014 09 15 . a b hhgregg names robert riesbeck permanent ceo wall street journal a b c hhgregg hgg annual sec income statement filing via wikinvest . electronics store hhgregg to open today in hagerstown md. . publicopiniononline . retrieved 2010 04 26 . hhgregg announces grand opening of snellville ga store . hhgregg . retrieved 2009 05 06 . hhgregg inc. hgg nyse snapshot . businessweek . retrieved 2008 02 18 . hhgregg launches gaming business across chain . hhgregg . 2008 11 24 . retrieved 2008 11 24 . a b brian ploskina january 2008 . a commitment to vision . dealerscope . 50 1 . archived from the original on march 22 2008 . hhgregg announces executive changes . hhgregg . retrieved 2009 02 18 . hhgregg announces death of jerry w. throgmartin executive chairman of the board and former chief executive officer . hhgregg . january 23 2012 . a b hhgregg ceo dennis may resigns wall street journal luthern ashley . new appliance store coming to valley vindicator 6 january 2011 . 12 new stores opening soon in washington d.c. area electronics store to hire 50 on myrtle beach area . the sun news myrtle beach . archived from the original on july 17 2011 . http finance.yahoo.com news hhgregg announces the grand bw 1056574660.html x 0 & . v 1 dead link 14 hhgregg stores to open in chicago region on sept. 15 . chicago sun times . august 19 2011 . h.h.gregg announces the grand opening of st. louis mo area stores . hhgregg . september 11 2012 . h.h.gregg announces the grand opening of green bay wi area stores . hhgregg . september 18 2012 . h.h.gregg announces the grand opening of two new stores in new orleans louisiana . hhgregg . november 13 2012 . h.h.gregg announces grand opening of baton rouge louisiana store . hhgregg . november 13 2012 . lieber tammy . kitchens for the elite h.h. gregg goes upscale with fine lines appliance store . indianapolis business journal . retrieved 2008 01 04 . dead link product selection . hhgregg fine lines . retrieved 2008 01 04 . dead link hhgregg fine lines store locator . hhgregg fine lines . retrieved 2008 01 04 . hhgregg inc. announces pricing of ipo . retrieved 2008 02 25 . hi def highlights showroom part of lucas oil sponsorship . the indianapolis star . retrieved 2008 02 25 . dead link external links edit official website retrieved from https en.wikipedia.org w index.php title hhgregg & oldid 743483104 categories companies listed on the new york stock exchangecompanies based in indianapoliscompanies established in 1955consumer electronics retailers in the united stateshidden categories all articles with dead external linksarticles with dead external links from august 2015articles with dead external links from september 2010articles with dead external links from october 2010all articles with unsourced statementsarticles with unsourced statements from march 2011 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main 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