Retailer in growth mode with new format

Hhgregg is on the move.



The appliances, electronics and furniture retailer said it intends to open 25-30 Fine Lines appliance locations over the next two years. Hhgregg currently has 14 Fine Lines stores, including three new locations, with two in Ohio and one in Indianapolis.



The Fine Lines locations are connected to Hhgregg stores and feature state-of-the-art showrooms, showcasing a wide selection of appliance brands, typically including SubZero, Wolf, Viking, Thermador, JennAir, KitchenAid, Bosch, GE Monogram and Miele. The showrooms are designed to inspire customers to create their dream kitchens.



“Our Fine Lines locations have proved to be a strong-performing format and we expect that to continue in the future,” said Robert Riesbeck, interim president and CEO and CFO. “We believe our increased appliance footprint will continue to have a favorable impact on the growth and performance of these stores and the company overall.”



The executive said the chain has recently seen strong momentum in appliances sales, which it intends to continue "through the rest of the year and into the holiday season, assisted by the expansion of the new Fine Lines locations and the steady sales being generated, both in stores and online.”



Indianapolis-based Hhgregg operates 226 brick-and-mortar stores in 20 states.