Last week, Bloomberg reported that HHGregg Inc. HGG was planning to file for bankruptcyperhaps as soon next month. On Thursday, the company announced it plans to close three distribution centers and 88 hgg locations to improve liquidity and return profitability, according to a statement. Riesbeck, HHGregg's President and CEO. In February, HHGregg said it hired advisors Stifel Nicolaus and Miller Buckfire to help it manage a difficult retail environment after it saw disappointing holiday sales. HHGregg has U. It also sells furniture like mattresses, sofas and dining sets. Retailers like HHGregg, that rely heavily on sales from physical locations, have been trying to adapt to consumer shopping trends, which are increasingly favoring online channels. See also, Retail Empire Strikes Back with Omnichannel Strategies. See also, Retails Face Rising Shutdowns as Losses Mount. HHGregg reported third quarter results on Forex. Net sales declined Same-store sales fell Dictionary Term Of The Day. Net Margin is the ratio of net profits to revenues for a company or business segment Latest Videos PeerStreet Offers New Way to Bet on Housing New to Buying Bitcoin? This Mistake Could Cost You Guides Stock Basics Economics Basics Options Basics Exam Prep Series 7 Hgg CFA Level 1 Series 65 Exam. Sophisticated content for financial advisors around investment strategies, industry trends, and advisor education. Bankruptcy Looms for HHGregg HGG By Rebecca McClay Updated March 3, — See hgg, Retails Face Rising Shutdowns as Losses Mount HHGregg reported third quarter results on Jan. Gordmans Stores reportedly faces bankruptcy as more retailers are hurt by online trends. Electronics retailers like RadioShack and HHGregg forex feeling the pain of plunging sales. Not all companies are expected to survive 's changing consumer landscape. As consumers increasingly spend money on restaurants and travel, mall-based retailers feel the pinch. The retail sector, which is expected to report dismal first-quarter results, is aggressively reducing its workforce to cut costs. Payless is not as buoyant as other discount retailers forex the tumultuous retail environment. Earnings in the ailing retail industry are on track for their greatest quarterly decline in four years. The retail industry's massive store closures are approaching those of the Great Recession, leaving workers scrambling for new jobs. No thanks, I prefer not making money. Content Library Articles Terms Videos Guides Slideshows FAQs Calculators Chart Advisor Stock Analysis Stock Forex FXtrader Exam Prep Quizzer Net Worth Calculator. Work With Investopedia About Us Advertise With Us Write For Us Contact Us Careers. Hgg Free Newsletters Newsletters. All Rights Reserved Terms Of Use Privacy Policy.
Since the first AIDS cases were reported, more than 1 million people have been diagnosed with the AIDS virus and over 200,000 have died in the United States alone.
We will have to do something soon or else we will not make it.
For the fortunate few that do, the hard times last longer than.
Since the first AIDS cases were reported, more than 1 million people have been diagnosed with the AIDS virus and over 200,000 have died in the United States alone.