Leading specialty retailer of premium video products, branded
appliances, audio products and accessories,
) is hiring people in sales and hourly positions for its new stores
The company recently announced new job openings for its stores.
On September 17, 2012, it announced the need for 60 sales and
hourly positions for a new store in Louisiana and 120 sales and
hourly positions for two new stores in Los Angeles, scheduled to
open this fall.
The new recruits will work as commissioned sales associates,
managers-in-training, warehouse staff and customer service
merchandisers for the company's new stores.
The selected employees will undergo a comprehensive training
program to be well equipped to answer all product-related questions
The requirement for the new employees is obviously the result of
new store openings. hhgregg is busy expanding its network
throughout U.S. so that it can reach more and more customers and
boost its sales. On September 13, 2012, the company opened two new
stores in the Springfield-Champaign area.
On the same day it also inaugurated four new stores in the St.
Louis, Missouri area. The new store openings are part of the
company's ongoing commitment to expanding operations in the
The new stores will display wide range of televisions,
appliances and electronics for sale.
During its fiscal 2013 earnings call, management announced that
it is launching new categories of products including home
entertainment, related furniture, and fitness equipment. The
company has also arranged for special financing options for its
hhgregg implemented several initiatives in fiscal 2012 to drive
additional traffic and increase sales. The company expanded its
computing and mobile phones category, which previously only
included computers and tablets. It has also introduced notebooks
and desktops along with
) smartphones in its stores. The company also restructured its
in-store management team to include an appliance sales manager and
a dedicated consumer electronics manager.
Further, hhgregg plans to open 20 to 22 new stores in fiscal
2013, predominately in the markets of St. Louis, Missouri and
Milwaukee, Wisconsin. We appreciate the decision to open new stores
as it creates new jobs in the area and also indicates a gradual
recovery in economic conditions.
hhgregg primarily competes with
Best Buy Co. Inc.
). We currently have a long-term Neutral recommendation on the
stock with a Zacks #3 Rank (short-term Hold rating) on the
BEST BUY (BBY): Free Stock Analysis Report
HHGREGG INC (HGG): Free Stock Analysis Report
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