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(Indiana Business Journal)   Retailer hhgregg calls off ddeal with ppotential bbuyer   ( ibj.com) divider line
    More: Followup, Bankruptcy, HHGregg, unsecured creditor, Haier US Appliance, anonymous buyer, late Thursday, definitive agreement, Appliance Solutions  
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709 clicks; posted to Business » on 18 Mar 2017 at 9:18 AM (21 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



19 Comments     (+0 »)
 
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2017-03-18 07:52:45 AM  
But not on their WWebsite? :D
 
2017-03-18 09:09:59 AM  
Hardly surprising. They got a temporary bounce when Circuit City shut down (and even picked up some of their retail space at a bargain price), but it was only a matter of time.
 
2017-03-18 09:24:47 AM  
Burn it all down, Pookie!
 
2017-03-18 09:30:21 AM  
+1 on that headline.  I elicited a hearty chuckle.
 
2017-03-18 09:50:22 AM  

czetie: Hardly surprising. They got a temporary bounce when Circuit City shut down (and even picked up some of their retail space at a bargain price), but it was only a matter of time.


I was only in one once, and it was indeed a former Circuit City.  Not impressed.  Looked like a argain basement version of Best Buy with the same pricing.  Nothing set it apart.
 
2017-03-18 09:57:38 AM  

Gary-L: +1 on that headline.  I elicited a hearty chuckle.


But shouldn't it be "Retailer hhgregg calls off ddeall with ppotentiall bbuyerr"?

/looks a bit Welsh
 
2017-03-18 11:53:39 AM  
They wouldn't go for the extended warranty.
 
2017-03-18 12:34:09 PM  
Bought a fridge there that ultimately didn't fit due to some baseboard molding. They were really nice about it and gave me a full refund. Didn't have a smaller model I liked so I went to Sears, where their miserable in store sales staff couldn't match their own website's pricing.
 
2017-03-18 12:59:05 PM  
Went there once price shopping a t.v. The sales people were relentless, but didn't know the specs of their products.
 
2017-03-18 01:26:00 PM  

Great_Milenko: czetie: Hardly surprising. They got a temporary bounce when Circuit City shut down (and even picked up some of their retail space at a bargain price), but it was only a matter of time.

I was only in one once, and it was indeed a former Circuit City.  Not impressed.  Looked like a argain basement version of Best Buy with the same pricing.  Nothing set it apart.


Yeah, HH Gregg just feels like their motto should be "Similar to Best Buy, but with less stuff and all the ambience of K-Mart. And we cost just as much!"

One not far from here is closing. I stuck my head in there. Decent price on an Onkyo receiver, but I don't really trust Onkyo (too many quality issues over the last few years). I would have been interested in an LG OLED set, but their "clearance" price was higher than the normal retail at Best Buy or anyplace else. Yeah, it's 10% off... of the $3500 MSRP that nobody charges. At $3150 it's $150 more than the price everybody is actually charging. So no reason to bother with them at all.
 
2017-03-18 01:36:43 PM  

akula: Great_Milenko: czetie: Hardly surprising. They got a temporary bounce when Circuit City shut down (and even picked up some of their retail space at a bargain price), but it was only a matter of time.

I was only in one once, and it was indeed a former Circuit City.  Not impressed.  Looked like a argain basement version of Best Buy with the same pricing.  Nothing set it apart.

Yeah, HH Gregg just feels like their motto should be "Similar to Best Buy, but with less stuff and all the ambience of K-Mart. And we cost just as much!"

One not far from here is closing. I stuck my head in there. Decent price on an Onkyo receiver, but I don't really trust Onkyo (too many quality issues over the last few years). I would have been interested in an LG OLED set, but their "clearance" price was higher than the normal retail at Best Buy or anyplace else. Yeah, it's 10% off... of the $3500 MSRP that nobody charges. At $3150 it's $150 more than the price everybody is actually charging. So no reason to bother with them at all.


They price match BestBuy, Walmart, Amazon, and BHVideo. No reason to take any of their prices at face value.
 
2017-03-18 01:40:15 PM  

GardenWeasel: akula: Great_Milenko: czetie: Hardly surprising. They got a temporary bounce when Circuit City shut down (and even picked up some of their retail space at a bargain price), but it was only a matter of time.

I was only in one once, and it was indeed a former Circuit City.  Not impressed.  Looked like a argain basement version of Best Buy with the same pricing.  Nothing set it apart.

Yeah, HH Gregg just feels like their motto should be "Similar to Best Buy, but with less stuff and all the ambience of K-Mart. And we cost just as much!"

One not far from here is closing. I stuck my head in there. Decent price on an Onkyo receiver, but I don't really trust Onkyo (too many quality issues over the last few years). I would have been interested in an LG OLED set, but their "clearance" price was higher than the normal retail at Best Buy or anyplace else. Yeah, it's 10% off... of the $3500 MSRP that nobody charges. At $3150 it's $150 more than the price everybody is actually charging. So no reason to bother with them at all.

They price match BestBuy, Walmart, Amazon, and BHVideo. No reason to take any of their prices at face value.


Why bother trying to match when I can just go get it there? If you can't price things properly then I see no need to support you.
 
2017-03-18 04:02:28 PM  

GardenWeasel: They price match BestBuy, Walmart, Amazon, and BHVideo. No reason to take any of their prices at face value.


Except if it is a closing store, everything is owned and priced by a liquidator..no price matching there. Store closing sales are almost never a deal.
 
2017-03-18 04:16:00 PM  

akula: GardenWeasel: akula: Great_Milenko: czetie: Hardly surprising. They got a temporary bounce when Circuit City shut down (and even picked up some of their retail space at a bargain price), but it was only a matter of time.

I was only in one once, and it was indeed a former Circuit City.  Not impressed.  Looked like a argain basement version of Best Buy with the same pricing.  Nothing set it apart.

Yeah, HH Gregg just feels like their motto should be "Similar to Best Buy, but with less stuff and all the ambience of K-Mart. And we cost just as much!"

One not far from here is closing. I stuck my head in there. Decent price on an Onkyo receiver, but I don't really trust Onkyo (too many quality issues over the last few years). I would have been interested in an LG OLED set, but their "clearance" price was higher than the normal retail at Best Buy or anyplace else. Yeah, it's 10% off... of the $3500 MSRP that nobody charges. At $3150 it's $150 more than the price everybody is actually charging. So no reason to bother with them at all.

They price match BestBuy, Walmart, Amazon, and BHVideo. No reason to take any of their prices at face value.

Why bother trying to match when I can just go get it there? If you can't price things properly then I see no need to support you.


Well, for example, BH isn't even in my state, BB is an hour from my house, HHG is 5 minutes away.
 
2017-03-18 05:05:45 PM  

akula: GardenWeasel: akula: Great_Milenko: czetie: Hardly surprising. They got a temporary bounce when Circuit City shut down (and even picked up some of their retail space at a bargain price), but it was only a matter of time.

I was only in one once, and it was indeed a former Circuit City.  Not impressed.  Looked like a argain basement version of Best Buy with the same pricing.  Nothing set it apart.

Yeah, HH Gregg just feels like their motto should be "Similar to Best Buy, but with less stuff and all the ambience of K-Mart. And we cost just as much!"

One not far from here is closing. I stuck my head in there. Decent price on an Onkyo receiver, but I don't really trust Onkyo (too many quality issues over the last few years). I would have been interested in an LG OLED set, but their "clearance" price was higher than the normal retail at Best Buy or anyplace else. Yeah, it's 10% off... of the $3500 MSRP that nobody charges. At $3150 it's $150 more than the price everybody is actually charging. So no reason to bother with them at all.

They price match BestBuy, Walmart, Amazon, and BHVideo. No reason to take any of their prices at face value.

Why bother trying to match when I can just go get it there? If you can't price things properly then I see no need to support you.


they are (were) one of the few companies left with very good service after the sale. Best Buy doesn't give a rats ass that the 1k appliance you bought from them has issues. HHGregg has consistently made sure I was taken care of. The only time I don't buy appliances from them is if I need something very specific they don't carry, and frankly I've gotten burned nearly every time that's happened.

I buy (bought, now, since most have passed away in the last few years) all the appliances for 3 branches of my and my wife's family, so I feel I've bought enough of the things to see trends rather than getting lucky on single purchases.

YMMV, of course.
 
2017-03-18 05:37:17 PM  

GardenWeasel: Well, for example, BH isn't even in my state, BB is an hour from my house, HHG is 5 minutes away.


BH only has a single location and its in Midtown Manhattan. What stands them out is their online presence that undercuts just about everyone else on price.
 
2017-03-18 05:58:56 PM  
It's too bad. I've worked with people in their sales team and training group, and they were always nice, enthusiastic people.
 
2017-03-18 07:07:15 PM  

Cromely: It's too bad. I've worked with people in their sales team and training group, and they were always nice, enthusiastic people.


Thats funny because as a customer dealing with their sales people, I found them to be the exact opposite of those two adjectives. In fact, the only thing that they were entheusiastic about was pushing an extended warranty on me to the point that I was told they would NOT sell me the product I wanted without an extended warranty. I took my business to a competitor and never returned to HHGregg.
 
2017-03-18 07:31:39 PM  

MBZ321: Store closing sales are almost never a deal.


That's exactly it. If you know exactly what the product is and what it normally goes for, you CAN find a deal, but often stuff is marked up to full retail before any discounts are applied, so it's not hard for products to go for more than the usual street price. Right now is the tail end of the consumer electronics "year" (the new stuff introduced at CES is about to hit the market in a few weeks), so nothing is selling anywhere near MSRP. But that's where the liquidators start their discounts. 10% off of TVs that sell for going on 20% off anywhere else isn't much of a deal.
 
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