HHGregg

The struggling electronics and appliance retailer began liquidating its assets on Saturday after failing to find a buyer following an early March Chapter 11 bankruptcy filing. The company plans to close all of its 220 stores by the end of May, resulting in roughly 5,000 layoffs across the U.S. The H.H. Gregg company was founded on April 15, 1955, in Indianapolis, Indiana by Henry Harold Gregg and his wife Fansy. hhgregg is publicly traded on the New York Stock Exchange (NYSE: HGG) and its stores operate under the name hhgregg and Fine Lines.