Fourth Motion for Exclusivity Period Extension Approved For hhgregg, Inc.
March 09, 2018 at 12:00 am EST
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The US Bankruptcy Court granted a fourth order for the extension of the exclusivity periods for hhgregg, Inc. on March 9, 2018. As per the order, the debtor’s exclusivity period to file its plan and to solicit votes on its plan, have been extended by 90 days i.e. through and including April 5, 2018 and July 5, 2018, respectively.
hhgregg, Inc. is an online retailer that operates a retail chain of consumer electronics and home appliances in the Midwest, Northeast, and Southeast United States, which operates stores in approximately 20 states. The Company offers a range of products categories, which include mobiles, computers and office, cameras and video, electronics, pro audio, home and kitchen. Its mobile products include cellphones and accessories, and wearable technology. Its computer products include desktops, laptops, hardware, telephones, and office accessories. The Companyâs electronics products include global positioning systems (GPS) and auto, television, home theater, audio headphones, and gaming. Its pro audio products include microphones, pro headphones, studio recording, audio systems, speakers, audio components, portable audio, and musical instruments. Its home and kitchen products include kitchen utensils, luggage, and bags. It offers global and local brands across the nation through hhgregg.com.