• WBST 92.1 FMMuncie
  • WBSB 89.5 FMAnderson
  • WBSW 90.9 FMMarion
  • WBSH 91.1 FMHagerstown / New Castle
Indiana Public Radio, a listener-supported service of Ball State University
Listen Live Online. Tap to open audio stream.

hhgregg Files for Chapter 11 Bankruptcy; New Owner Will Take Over

By Network Indiana | Published on in Business

Days after the company announced plans to close 88 stores, hhgregg says it has filed for bankruptcy. The electronics and appliance retailer announced it has filed for Chapter 11 bankruptcy and has reached an agreement to sell the business to an unidentified buyer.  Hhgregg’s CEO said says the new ownership is “fully committed” to operating the 132 stores that will remain. No Indiana stores will close.