Tag Archives: hhgregg

Riesbeck to Become hhgregg CFO

Robert Riesbeck

INDIANAPOLIS-hhgregg has hired Robert Riesbeck as its chief financial officer, a post he will assume on Sept. 15. Riesbeck, will succeed Andrew Giesler, senior vice president of finance, who had been interim chief financial officer since Jan. 31. Giesler took on the interim role after the resignation of Jeremy Aguilar, who became chief financial officerMore »

Last updated: September 11, 2014

hhgregg Q1 Loss Grows as Sales Fall

hhgregg

INDIANAPOLIS-The first-quarter net loss for hhgregg increased from $1.3 million last year to $10.3 million this year, as the specialty retailer’ sales fell by double digits. Net sales in the quarter, which ended on June 30, dropped 10 percent to $472.3 million, primarily due to the decrease of 10.2 percent in same-store sales. Computers andMore »

Last updated: July 31, 2014

hhgregg’s Lyle Named to Chair Retail Marketing Group

Julie Lyle

INDIANAPOLIS-Julie Lyle, hhgregg’s chief marketing officer, has been appointed 2015 chairperson of the Global Retail Marketing Association (GRMA) Advisory Board. The group is an association of top-level executives from leading retailers. In this role, Lyle will lead the board and play a key role in the development of the organization’s strategic initiatives and thought leadership.More »

Last updated: July 22, 2014

hhgregg Posts Q4 Loss

hhgregg

INDIANAPOLIS-hhgregg ended its 2014 fiscal year on a sour note, reporting a net loss in its fourth quarter of $7.2 million, compared to net income of $9.9 million in its fourth quarter of last year. The loss dampened the retailer’s net income for the fiscal year as a whole, which ended on March 31, toMore »

Last updated: May 21, 2014

hhgregg Launches Rebranding Effort

hhgregg

INDIANAPOLIS-hhgregg has begun a brand transformation which is intended to better serve its customers by providing what a company statement called “a truly differentiated shopping and purchasing experience.” The transformation will cover all customer touch points and include its 228 stores and website. The program starts today with the unveiling of a new logo, enhancementsMore »

Last updated: May 6, 2014

hhgregg Tabs Risch as COO

Troy Risch

INDIANAPOLIS-Troy Risch has been named chief operating officer of specialty retailer hhgregg, a post he will assume on May 5. Risch will succeed Gregg Throgmartin, who resigned as executive vice president and chief operating officer effective March 31. Risch’s background includes serving as executive vice president of store operations for RadioShack. Prior to this, heMore »

Last updated: April 30, 2014

hhgregg Q4, FY Sales Fall

hhgregg

INDIANAPOLIS-hhgregg said it is estimating its fourth-quarter sales to total $538.3 million, 9.9 percent down from the fourth quarter of last year. This would bring its net sales for the fiscal year ending on March 31 to about $2.3 billion, a decrease of about 8 percent from the prior fiscal year. Same-store sales in theMore »

Last updated: April 15, 2014

hhgregg Ups Lyons to Senior VP of E-commerce

Kevin Lyons

INDIANAPOLIS-Kevin Lyons has been promoted to senior vice president of e-commerce for specialty retailer hhgregg. Lyons, who was vice president of e-commerce, reports to Julie Lyle, hhgregg’s chief marketing officer. He joined the company in May 2013, and has since led the e-commerce team’s creation of the online development and promotional strategy. An hhgregg statementMore »

Last updated: February 12, 2014