Boardman hhgregg to begin liquidating assets after company fails to find buyer

April 8, 2017 at 12:05a.m.

BOARDMAN

Electronics and appliance retailer hhgregg will begin liquidating its assets today after failing to find a buyer for the 62-year-old company.

All 132 stores will close, including the location at 441 Boardman-Poland Road in the Shops at Boardman Park.

The company filed for Chapter 11 bankruptcy March 6.

Beginning Sunday, in-store items will be priced for liquidation and will be available for purchase until the retailer’s stock is depleted.

The Vindicator’s broadcast partner, 21 WFMJ-TV, reported that all sales during the liquidation period are final, with the exception of defective items, which can be returned within a week of purchase.

A steady stream of curious customers wandered through the Boardman store Friday evening, many looking for going-out-of-business deals. Others were lined up at the store’s central customer-service desk waiting to have their questions answered concerning the closure.

Over the course of two hours, more than a dozen customers entered the store, but none purchased items.

hhgregg is based in Indianapolis, but Ohio has the second-largest number of retail locations in the country – 28. Florida has the most, with 36.

The Boardman location has been in operation for six years.