Hhgregg likely nearing the end (use those gift cards now)

|
Advertisement

Appliance and furniture retailer hhgregg could shutter for good if it doesn’t find a buyer in the next several days, the company said in a Securities and Exchange Commission filing on March 29.

Hhgregg could liquidate all stores in just a few days

The company statement indicates a total liquidation of the chain’s remaining 132 stores could begin as early as April 8, without outside intervention.

The Indianapolis-based company had already announced the closure of 88 stores in 15 states last month.

While hhgregg previously indicated that it will continue to honor all gift cards, that could be a moot point if stores are closed completely. As of March 3, there was around $1.4 million unredeemed value on company-issued gift cards, the Star reports.

So if you have a gift card to hhgregg, you should go ahead and use it — better to be safe than sorry!

Read more: 19 retailers on bankruptcy watch for 2017

If you have gift cards to these stores, go ahead and use them!

Advertisement
Sling Streaming Service Review 4 Things To Know Before You Sign Up for Sling TV - Ready to finally cut the cord? Team Clark put Sling TV's $35/month live TV streaming service to the test!
Welcome bonuses can be a great way to boost the value of a credit card. Best Credit Card Welcome Bonuses for 2022 - If you're in the market for a new credit card in 2022, you may be hoping to cash in on the hundreds of dollars in signup bonuses offered to new customers. Welcome bonuses and offers are a marketing tool that…
The best cell phone plans include Tello, Mint Mobile, Visible, T-Mobile, Consumer Cellular and more Best Cell Phone Plans and Deals in 2022 - Team Clark ranks the best cell phone plans and deals! See our favorites for unlimited data, families and cheap plans starting at $10/month.
Clark Deals
  • Show Comments Hide Comments