The Decline of hhgregg...What Happened?
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- Опубликовано: 27 сен 2024
- This video attempts to detail and explain the decline of hhgregg, an electronics and appliance store from the eastern half of the United States. And though they went out of business earlier this year, their story isn't quite over.
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So that counter on their site just reset once it hit the date. It's on their official website so it seems very strange that something like that would happen. I have no clue what's going on there, please reply to this if you have any ideas.
Company Man probably thought it wouldn't be worth it
Company Man - I think they are building some e commerce website and hit some go live issue.
Company Man I guess circuit city is also going to open an e commerce website and follow the Amazon strategy for all sellers to use their website as a platform. Wonder of these guys can still compete with Amazon!
It's probably how the javascript/jQuery is done. I can look later
Company Man can u do a decline of video on Krispy kreme doughnuts
Hhgregg sounds like a youtuber
Who Else but Zane? Yeah a DRUNK TUBER at the time
Right?? Ahahaha. I was like 'this is a weird turn for the channel's focus' until I realized it was some weird east coast store I'd never heard of
HHgregg here AND IMMA NEED YOU TO SMASH THAT LIKE BUTTON LETS TRY AND GET 5000 LIKES THIS TIME
hhgregg looks like somebody has a sticky keyboard.
Odd
“What’s up, hhgregg here, be sure to smash that like button, subscribe and join the notification squad for savings like a Panasonic Blu-ray for $99.”
When your company's name looks like a typing error, it's hard to survive.
Hei I'm e- h hgreggg hwoa ahhr you
My mom calls it H-Craig
Sounds like someone's gamertag tbh
@@TheManinBlack9054 hhgregg was actually my name tag in a game, but when I found out hhgregg was a store, I quickly changed it. I didn’t need to be sued when I was still nine. 😂
The final version was dumb:
hhgregg
In earlier years, the logo was still all lower case (except for the first G), but I they at least had periods after the Hs. It read:
h.h. Gregg
Before that, it was in all caps and made more sense.
H.H. GREGG
Blame graphic designers for trying to make it look cool.
hh Gregg will always have a special place in my heart.... they helped me jump start my car after my battery died on my way home from buying a tv at Best Buy
😢 that's a beautiful story.
@@NicoleJacksonnoj100 not really lol
@HHhhgreggomg, it’s the real HH from hhgregg
Its name seems to be the result of someone mashing the keyboard in frustration after hours of bad company name ideas.
We need to open a store called sim61642
S Or sunvhjfz844265
Yeah ! , We will sell flat beer !
It's after the founder.
A store called gjsmb3ixiw939
They had a branding problem I thought they sold clothes.
Me too. I think it was the logo
Clearly. With a terrible name like that
same
They got a firm Oshkasbagosh vibe
same
Was very glad to see this company die. They were the #1 "bait-n-switch" operation in the Eastern part of the country. Constantly and consistently they would advertise discounted product which was NOT in the stores - and when you got there it was always "oh gosh, we just sold out of that. Instead you should buy ..." as they point to a more expensive product. Real scum bags.
Yep they're back online, probably some company bought their trademark and trying to capitalize on it.
Unfortunately, the internet has killed a lot of brick 'n mortal business... some for good while others not so much. I sad to see all the small mom 'n pops businesses go, which were the staple in many neighborhoods who actually cared about their customers. :(
Darcy Dilbart really ? I always had good experiences with them 🤷🏻♂️
Bill A hhgregg doesn’t give a damn about no one😂
r/boneappletea
Totally agree. Also the salesman who ignored you if you weren't there to buy a big ticket item..we went once to buy a toaster oven there once, was greeted at door by one of their salespeople and when asked what I was looking for , I told him a toaster oven, he looked down at me pointed in a direction and said " I think they are over there someplace" and walked away, and I turned around and walked out!
For some reason I always thought hhgreggs sold men’s clothing
GoD Razz Some locations did, like Ralph Lauren type brands. Never sure why but they did
Same
Me too, but not mens. I just thought it was clothing.
I thought it was some kind of American grocery store chain for some reason?
Ya so did I lol..
Hhgregg sounds like some kid smacked their head on a keyboard
Or their cat walked over the keys.
or when someone rages or pretends to hack
Or when you made a typo
no
Hhgghghhg
An HHGreg store replaced a massive Best Buy in my area. They had a digital camera sale as an opening flyer/newspaper ad that young me was really excited about so I went into the store and was immediately swarmed by four employees with no other customers. They said they didn't have any and the sales person never saw the camera before. They got the manager and I found the camera displayed for more than the advertised price in the case and told them that was the one. The manager offered to sell me the display model without any cables or even the box but said they didn't have any, never got any, and MIGHT get them in the next shipment from corporate which was two weeks away.
I went to an electronics store down the street who needed to call to price match the ad. When they called the HHGreg I was just at and asked about the price HHGreg denied having ever carried that model of camera.
And that was the beginning and end of our local HHGreg, they must've done that bait and switch to a number of customers because even on massive sales the place was empty and was closed within two years.
Hhh
Uu
Excited over nothing lol
I went to an hhgregg near me, I couldn’t figure out if it was a shitty furniture store, an electronic store, it had no identity what so ever. There were no customers, and the help wasn’t all that great.
Yeah, I'm from Indiana, and the one time I visited an hhgregg, I got the impression it was more a furniture and appliance store that also sold some electronics. Unlike the pictures shown here, the floor I remember was about 50% appliances, 25% furniture, and 25% everything else. This was in the 90's, though, so possibly they tried to shift their emphasis and failed?
Western PA, it was garbage here too
Mark L I used to work at hhgregg right before they shut down. For some reason they kept cutting back on electronics and added more furniture, and yes, it was shitty, more than 1/2 of it was returned because it would fall apart in a matter of weeks.
Oh, the employee's were a help...They helped ram their heads up your ass the second you walk in, the second you stop to look at anything....literally was a pain in the ass. They made commission, which I believe when they would be allowed to haggle over the price, it was probably their commission they were cutting into, when they would drop the price for you.
I liked going in there, and checking out the newest TV's, but I hated walking into the store, because I hated being bothered by an employee, when All I wanted to do was look, and when I knew more about electronics than they did.
Oh, and anything that wasn't a major piece of equipment ( TV, Fridge, Washers ) was expensive as fuck? needed a 4 foot HDMI cable? $25. And they didn't stock or sell lower priced "cheaper" cables either. They were always expensive as fuck.
Though it does kinda suck they went out of business, because where I live, the closest best buy is a good 30+ minute drive one way. So they were the only place to buy TV's, if you didn't want to buy a cheap ass TV from Walmart.
Marth I had the same experience (South NJ). It was a mixture of different stores and the employees were awful. My mom had a question about something and the associate said "Ok just wait one second" to go find the answer which is normal. But he literally never came back. Walked by her a few times and that was it. She swore never to go in there again lol. Another thing I noticed was that most of the staff was young African American guys, which isn't a negative thing, but it was a bit strange as usually most Best Buy's I go into have people from many races and ages groups. It honestly felt like a black person was the manager and just hired their family members without any regard of how they'll work. Whatever it was, the service was really awful. The people at my Best Buy, young, old, white, black, hispanic, etc. I've never had bad service there ever.
I think this might be because of this rapid expansion mentioned in the video. They may not have cared much about who they hired because their number one priority was opening stores and having any sort of staff. Makes sense to see you had the same experience.
I grew up a stones throw away from their Indianapolis HQ. At one point, in the SAME PARKING LOT there was a Best Buy, a Circuit City, and an HHGregg. It was like a freaking commerce gang fight and it was incredible.
Bet all the employees hated each other
yeah holy crap @@Unicornmazda
I have a brother in law who worked for hhgregg, and over the years I got a few nuggets from him.
hhgregg wasn't a dedicated electronics store to the degree of Best Buy. They sold mattresses and other stuff as well. My brother in law said that basically, hhgregg cherry picked the highest margin items that other Big Box stores and dept. stores would sell, and sold those. The downside of that is that they were kind of like a baseball player who always swings for home runs but gets alot of strikeouts and pop flies along the way.
This also meant that consumers weren't always clear what hhgregg was. You mentioned the lack of recognition a few times, but when you walk in and see a substantial chunk of the store dedicated to random non-electronics stuff, you're probably more confused than you were before.
Second, you mentioned that sales staff had the power to haggle. They were actually ENCOURAGED to haggle, all the way down to selling something for a penny above cost. The idea was that they feared that if a customer left the store, they'd just buy the item online, so better to get them to buy it now at hhgregg, give them a deal and hope that brings them back in the future. This undermined the fact that they were concentrating in high margin items since sales staff would give up those margins pretty regularly.
aah so like an american harvey nornan?
I had an hhgregg down the street from me for over 5 years. Never walked in. Always thought it was a furniture store from how it looks from the outside.
seporokey yea about the same story my town even had a circuit city
seporokey I thought I was the only one!
From the logo I always thought it was a kids or tween clothing brand
They also sold furniture. It wasn't a big part of business until right before it died. There was a huge attempt to increase the furniture business to increase profit margins
It even sounds like a furniture store.
SAVE ON EVERYTHING AT CHRISTMAS IN JULY
HHHHHHHHGREGG
PANASONIC BLU RAY 99$
HHHHHHHHGREGG
RainbowRider : Mapping LCD 32 INCH TV 299
42 INCH HD TV 489
"H h -" *gets hit by snowball* "snowball in july?"
*CHUCKLE*
"HHGREGGGGGGGGGGG!!!!!!!!!!!!!!"
*JAZZ HANDS*
In my city there was an hhgregg that opened in the building that used to be Circuit City and before that was a Radio Shack. It also happened to be right across the street from Best Buy...
Sounds like we’re from the same place lol
mine was a Circuit City first then an hhgreggs, now it's a Michel's Arts and Crafts. BestBuy across the street the whole time.
@@cliftontaylor7570 The Circuit City/Radio Shack/hhgregg in my town has a Michael’s directly beside it lol
hhgregg is finished. Once a company removes their physical stores and becomes online only... Well, we've seen what happened with Blockbuster and the revamped Circuit City.
"Revamped" as in slowly dying?
"Revamped" as in the store chain went bankrupt a decade ago, then someone bought the name last year and restored it as a website.
Although both descriptions would work, since no one has been shopping at the new CC.
Amazon?
That company started out as online in the first place. It's not the same.
And amazon is into all kinds of stuff.
Oops I thought hhgregg was a clothing store
Todomo Games I thought I was the only one. Thank goodness. XD
Same XD
I thought it was a grocery store
So did I, until I walked into one. Maybe a change in logo would have helped.
Lol. So did I
"hhgregg" sounds like someone vomiting
That is what hhgregg is equivilant to
damnit i just commented that...
Sounds like someone's gamertag tbh
classic bait n switch...their "specials" were ALWAYS sold out...yeah, man, we just sold the last one 15 minutes ago...
John Dee Smith yes, bait and switch
They are a scam electronic store :) bye hhgregg
John Dee Smith as a former employee this is very true. Only had limited stock at a great price to get you in them BAM oops we just sold out lemme sell you something more expensive
hhgregg was still here in Indy in 2016 when I moved here, but closed in 2017 I think. The Yelp reviews were like you all said bait and switch big time.
I've never heard of hhgreg so when I saw the title, it looked like you had a seizure while typing the title.
Enclave Soldier calm mate no reason to be mean.
Enclave Soldier god your dumb
Xerxes bruh moment
I’m always shocked to see that Hhgregg is even a thing. I only went to one location once when I was little (circa 2002-2004), so this store always felt like some weird fever dream I had years and years ago.
Just wanted to say that I actually live in Indiana, and I've only seen hhgregg commercials like once or twice a year, usually around holidays. Really, that just adds more to why they failed, because their advertising wasn't really something that they focused on.
My local hhgregg is being turned into an Aldi.
MIne got turned into a trampoline place for kids to go. I can't imagine that model working very well either with today's ADD kids.
@@yaimavol mine too are you in NC?
Mine turned into a trampoline park lol
@@xandersoad14 ye mine got turned into urban air
yaimavol you must live in Georgia
The top 3 reasons for hhgregg's failure:
1. Terrible name
2. The most annoying commercials ever
3. No reason to go there over somewhere like BrandsMart or Best Buy.
1.its a scam
2. i t s a s c a m
3. *d u d e i t s a f u c k i n g s c a m l o l*
Ah, yes. hhgregg commercials. I always loved the changing the channel whenever those came on.
Leo Wiseman The fourth reason, a few were in close proximity to Best Buy’s.
@@TheDr502 On the plus side, at least the music mashup community (especially SiivaGunner) has gotten a lot of mileage out of hhgregg's commercials. Take a look at this: ruclips.net/video/iYGTbrYi914/видео.html
BRANDSMART!!!! YES!! I haven't seen one of those since I left Ft. Lauderdale!
Now where am I going to get my Sonic Bluray for $99 dollars?
Panasonic
*sonic bluray*
Target 😆
@@jimsuniverse4954 it isn't the same though... It just doesn't feel right...
How about doing one on the decline of Ruby Tuesday
I'd like to see it. But honestly, it would be a simple video. A couple of people at the very top knew next to nothing about running a large restaurant chain. What makes a successful local or regional chain often (almost never) doesn't translate to a 1,000+ unit company.
I think applebees is going the same pathway
I love their salad bar and wish they had more locations.
Goodbye Ruby Tuesday who could hang a name on you
NOOOOOOOOOOOO I love Ruby's me and my family go there a lot.
You should do a video on Fry's electronics. Its an amazing electronics store that really doesn't seem to be well known. I grew up shopping there and think it is far superior to Best buy. I'd love to know the history.
They're still doing pretty well.
I’ve never been to Fry’s, but I remember years ago, I’d read about the stores and I always thought people were trying to type out FYE lol
I've only ever seen fry's near and around San Diego.
I think Fry's is a bit of a quirky store. Monstrously huge, massive selection, plenty of upscale product to blend in with the affordable items. Only issue is the salespeople tend to be either high pressure toward service contracts or they just don't care. Really odd. To add, their computer and electronic parts prices are very high - I suspect they know they are the only game in town when you need repair parts.
may fry's burn to the ground. (really depends on the store and its personnel.)
This just always seemed like a business that was destined to be abruptly liquidated and left abandoned for years scattered across the country. Much like Ames, Bradlees, Linens N Things, ect.
CHRISTMAS IN JULYYYYYYY
PANASONIC BLUE RAY!
$99
DAYASHI HHHHHHHH... GREGGGGGGGGGGGG!
FEAR OF BETTER OPTIONS-
I'm an Ohioan (apparently where hhgregg was primarily at) and I've still never seen one. It was always an unpopular store, but I've never seen any in person lmao
i’ve seen one in Cincinnati, near eastgate
Not sure how long you’ve been in Ohio, but back in the 90’s there would have been Sun TV & Appliances, a very similar chain of stores. They would likely have been acquired by hh gregg later as I saw many of their signs changed in the 2000’s.
upon seeing this video’s title:
me, an intellectual: ‘what is hhkhkrrkhg’
I remember looking at an HHGreg that opened at the same place Circuit City closed before and thinking... "So Circuit City failed at this location but you will do fine?"
Mr Merhtin same thing as by me in Pittsburgh
Lol
Lol same here, in Florida
Did someone have a seizure on the keyboard while naming the company?
No. It's Henry Harald Gregg shortened together, failed attempt at being funny
+Pac
they would have done better letting it as Henry Harald Gregg instead of that shitty mess they made that looks like a user name of a 12 year old in call of Duty.
hha hha
Conga when I saw the title I straight up thought that maybe they pressed random letters and said "well this will get people talking"
I live in Louisiana and saw one of these stores pop up out of nowhere in a shopping area that had been dying for years and had no previous understanding of what they did so I decided to check it out. I walked in and thought to myself "it's just a brighter, recolored Best Buy."
I turned around and never went back.
“So tell us the story of the company called hhgregg”
hmm... it’s a lot like Best Buy
Your voice is perfect for narrating these mini documentary videos! Love your channel!
He talks pretty slow though so I have to change the video speed to 1.25x
His narration style is good at conveying those wtf turning point moments.
Project Rawrrr that's interesting. My device doesn't give me that option. I think he does a good job speaking though.
everytime i think of the name "hhgreg" i hear PANASONIC BLU RAY $99.00 in my head
I looooved hhgregg. But I grew up in the rural South where that was your "fanciest" tech option. Loved Kmart also. It seems failing companies rely on isolated areas for loyalty.
They are DONE-DONE- AND DONE. Probably the most boring, lazy, and slip shod presentation in retail history! Each store was a wall wrap of flat panel display tv sets, and just a few computers in the center of overpriced accessory items. Appliances were to your left, and the sales clerks were there to up sell warranties. That's it....no thank you....good bye!!
BaldMaxx omg yes I forgot about the warranties! I worked at one and wasn’t a store clerk but I remember how hard they pushed the sales people to sell those damn warranties. They got big commission off it.
hhgregg? There might be one near me; I think? Driving by it is like seeing it in the background of a dream. It took this video to confirm that what I saw was real.
Wauser lol
Wauser That's a fantastic way to describe that.
Wauser You hit the nail on the head.
The owner of HH Gregg lived down the street from us until recently... we went to their estate sale a few months ago...
Ouch
U would think a business person would have plenty of money left over even after their busniess closed guess they were putting all they had towards it trying to save it I get it but thats not always the best choice though hence the monopoly example. People need to use company money to save the company, downsize, decrease spending, etc. Do whatever it takes to save the company without spending your own money you wanna be able to have the same lifestyle if it shuts down maybe even start a new company.
Kevin Swartz Your story makes me very happy. They treated their employees like shit. He got what was coming to him.
@@Musicvidsetc Only bad people die?
@@archivearranger8792 Not all estate sales are b/c someone died, although that is the most common reason. An estate sale may also occur because the property owner will be moving or has moved into a new residence where they will be unable to keep their property, such as an assisted living facility, a retirement community, a rest home, or the home of a family member. An estate sale may also take place because of divorce, foreclosure, or relocation.
Not going to lie, when I first saw the name I thought the store had to do something with eggs.
... I don't know.
🤣🤣🤣
hhegg
I'd like to see one on Piggly Wiggly.
Haha. I just like typing Piggly Wiggly.
piggly wiggly
so silly
Piggly wiggly
lol I like that
Piggly wiggly
I see why you like typing that
Piggly Wiggly
I think I like
Didn't Piggly Wiggly and Winn-Dixie merge?
Winn-Dixie, would be an interesting company to do next.
Clayton Frazier I second this. The corporate ownership of Winn-Dixie has changed hands a few times in recent history, and a lot of the locations in my area have closed up because they simply can't compete with the Wal-Marts around here.
Clayton Frazier I’ll third this as Winn-Dixie has been gone from the Louisville Kentucky metro area for a good 15+ years.
I've still got one with plenty of business here
Winn-Dixie has a Spanish subsidiary, "Fresco y Màs" here in the Miami area. I like those much better than the standard Winn-Dixie store.
@@ChadQuick270W There is one in downtown Louisville
hhgregg and circuit city pretty much remind me of Fry's Electronics with their style. Fry's is next to fall under after having worked for them for almost 2 years and seeing the business model fall to heavy negelction.
One key issue that killed hhgregg was the combination of high-pressure commission based salespeople and horrible customer service. The consumer simply stopped shopping there as they were totally fed up with the place. I am in Indiana where we've had a store here for decades and I stopped shopping there loooong ago. You can only keep a ghost town of a store open so long, relying on victims for customers, and keep the lights on. I do not miss them, and since the dishonest sales people were much of the problem, I didn't feel sorry for them when they closed.
Alan Maier yeap and prices
I hate commission based sales places. I don't want to be chit chatted to by strangers. If i, rarely, really need to know something, ill come find you. Otherwise, let me be while I browse!
I sell appliances and don’t make commission. I’d rather customers go somewhere else if they want a grand tour and in-depth analysis about the appliances. Try google people, it’s not that hard to do your own research first. Surprisingly there are still customers who shop this way.
Your and idiot. First of all I worked at hhgregg part time. The company tells you to be aggressive and yes I agreed that was their downfall but their were really hard working people who were looking to feed their families. I don't blame the workers I blame the company. When you walk into the store there is an employee assigned to you right away next man up and you are told to do anything to make the sale. To say that you don't feel sorry for people who lost their jobs because of the idiots that are running the company is heartless. If you were only paid on commission you would be doing everything to make money. I seen people who had to go on welfare because of this and that hurts all of us. These big companies don't care about the employees or the hard workers they hurt. I feel sorry for every employee that was not making decisions for the company. Did you know that the CEO of the company jumped shipp 6 months before it closes because they put this company in the ground, if that's not a scumbag I don't know what is. I had another job so when it went under it didn't hurt me because I was doing for extra money but most people couldn't find other jobs because up until 30 days before they closed they lied to their employees and told them everything was fine and they weren't closing. My point is don't blame the employees blame the company. My heart goes out to everyone who lost their jobs.
When the hhgregg website at the beginning stages went live, they were selling out of date items for expensive prices. This was in late 2017, early 2018. Now looking into 2020 it’s more up to date, but the name is obscure as well. A few that I went to were pretty close to Best Buy within a 5 mile radius, so that really doesn’t help either.
They had just opened a location here (bumfuck nowhere) couple years back when I moved into town. They had the balls to open literally right behind Best Buy. I paid them a visit..., but their inventory was just hilariously and woefully ill thought out. I went in for a router. They sold some cheap shitty routers that could be beat by any ISP provided router. Also, they did not stock ethernet cables at this location.
No idea what the hell they were thinking.
probably some computer illiterate executive who thought no one would want ethernet cables in 201X because wifi.
Yessss I love your vids. My favorites are the "The Decline Of... What happened?" Keep up the good work!!
no more $99 panasonic blu-rays :(
No more 32 inch lcd tv's for 299 :(
And no more LG 42" HDTVs for $489
Best Buy was known as the place that hired people at minimum wage who knew little or nothing about the products they sold. Circuit City was the store known for having higher paid, more knowledgeable staff. Circuit City, in order to compete with Amazon, decided to fire all of their knowledgeable staff and replace them with low paid know-nothings. So there was nothing to differentiate themselves anymore from Circuit City. They died.
hhgregg could have been the replacement for Circuit City. But after Circuit City went belly-up, Best Buy starting giving their employees better training. I've been to Best Buy and some of them are still useless, but some sales staff actually know what they are talking about.
My own thought is that we are entering a phase of increased monopolization. You either grow fast and succeed or you die. Whether you grow fast and succeed or die may be part luck, part based on what venture capital you can get, etc. A boring company like hhgregg from the midwest might just not have acquired sufficient venture capital to expand. Meanwhile hipster companies in Silicon Valley like Facebook, Google, and Amazon succeeded. There were many other companies doing similar things, but those are the ones that made it. Did they really do things better or were they black swans?
The bad news for consumers in the long run is that some markets are being monopolized. If Amazon ever really takes off then we might be getting almost all our physical good from Amazon and all of our software/media products from Google. I hope it doesn't turn out that way.
Man, this comment is really funny, only one year later.
The future is now
hhgregg will always mean "99 dollars Panasonic Blu ray" to me
I only went to hhgregg once, and wasn't impressed with it at all. The majority of the floor space was just refrigerators and washer-dryers so it seemed like everything else was an afterthought with little selection in electronics. I imagine that particular location did very poorly due to the very successful Best Buy down the street.
I went to hhgregg back in 2014 while waiting to have my car serviced. So to kill time, I decided to see what kind of products they were selling. When I walked in through the entrance, I was immediately approached by a sales associate looking to sell me a washer/dryer. I kindly told him no and that I was just browsing. A few minutes later, same thing happened again. And again. And again. You could tell the employees were desperately trying to push products. Even the manager offered his assistance. I got fed up and left. That was the first and last time I ever visited hhgregg. I can see why they went out of business. (Or, rather, converted to online ordering only.)
We *had* an hhgregg and it was very good with service, including delivery. Speaking of BB, yes ours is located just north of the mall (next to a Barnes & Nobles) while hhgregg was located on the back side of the mall; accessible but pretty well hidden if you didn't know it was there.
hhgregg got a new dryer to me in a 2 days. No one else could do that, always weeks. The service was great.
They went more appliances later on. Maybe the thinking was that they thought appliances were more resilient in the brick and mortar domain, than electronics. The big problem they had was too much debt and not enough reserve from overexpansion.
When I saw the title/company name, I thought the episode was going to be a joke, then I remembered it wasn't April 1st. Did a cat walk on their typewriter, and they just kept it because it looked similar to the name of the founder, but all one word and lower case?
I read the title phonetically at first too, and was quite confused. I live on the east coast and have never heard of this place!
I legitimately thought hhgregg was a AI generated store meme. Had no clue this was real.
its... its been a meme since 2015...
Do one on Six Flags. Also, I live near a former hhgregg and they were downscaling store sizes by 2011.
I agree. The six Flags location that was the closest one to me was Six Flags: Kentucky Kingdom closed down. The story was that back in 2010 they forgot to pay for renting/using the land space so shortly after that it closed. But then in 2012 someone bought the old park and started on re-modeling. Then in 2014 it Re-opened as Kentucky Kingdom without the Six Flags ownership.
That and Six Flags' finical standing is still not ideal despite being out of bankruptcy for 7 years now.
Ghawk zjjsjsjz
hhgregg is full of many examples that many college courses should be using as part of their business curriculum.... things that are important and should not do! Name of company is VERY important, what may work when the company is small, may not work on a much larger audience. Don't grow too fast! Don't buy more space than you can afford! Location, location, location! Don't be so close to your major competitors! A good example of this today.... Target! You will find many times, Target stores that is not in the same location as a Walmart, much busier with customers! The two stores are similar enough that people will shop at the one that is closest to them.... yea! O:-)
So you are a business corporation expert
That's true. There are two Target stores about equally distant from my house. One is across the street from a Walmart, and the other is nowhere near a Walmart. Of course I go to the one by Walmart because nobody is ever there so it is easy to shop there. The other one is always slammed.
What about drugstores and gas stations? Competitors are always within 200ft of each other
Yeah I’m in fancy places like near where I am in Scottsdale there are more targets cause Walmart is unappealing so both have a certain audience that they stick to
We had 2 hhgreggs where I lived. We bought all our appliances/electronics there. They would seriously price match any price you could find and if the price dropped a couple months later they would give you the difference. It's a wonder they stayed open as long as they did.
lol we had an hhgregg in wisconsin literally next to a best buy...they didn't last long
Olivia Green Bay represent
Lmfao. Same here. From Louisiana. It opened within 1 mile of a Best Buy. Got rekt.
A fello Wisconsinite? Impossible they don't exist on the internet! ☆
Like a zombie Circuit City
the former hh gregg here is a Halloween store with "digital home theater fitting rooms". LOL...actually hh gregg left the inside signs up and the halloween store just happened the former home theater area was a good place for the dressing rooms. before a circuit city closed here the employees changed the customer svc sign to "costume service".
Your video is gold, simple, fluent and clear. One thing I would like to add to this video: the states where hhgreg located at were the states hit hard during the 2008 Economic downturn, the auto manufactures GM FORD and the appliance manufacturers lay off many people, so less or no income to buy and upgrade
1:03 it's a lot like Best Buy...Okay now you know
hhgregg: Same overpriced electronics like best buy, but better customer service.
You do this whole wind-up about how hhgregg isn't very well known in most places, and then:
"Let me tell you about this store,
It's a lot like Best Buy."
[moves on]
incredible comedy
EVERYTHING 99 DOLLARS HHGREGG CHRISTMAS TIME
There was a hhgregg here about a year or 2 ago, it closed a few months after Best Buy built a location about 1/2 a mile away
“I ran some quick figures & that’s not even half the states” lmaooooo
You NEED to do one on the decline of Sears!
Them selling off the craftsman line was the nail in the coffin.
Exactly what hedge funds do. Sell off the meat and skeleton until the remainder is a pile of blubber.
He did. Watch the Kmart video.
I second that. I hadn't been into a Sears since 2010, and I went yesterday (December 9th 2017) and I couldn't believe how depressing it was.
I remember the Craftsman store being the flagship space of the entire bottom floor of the store. It was perfectly laid out wall to wall, organized, gleaming chrome in all directions. It looked like the tool room or garage of your dreams, because they wanted you to buy that dream there. Everything would be well stocked.
Seeing it yesterday was saddening. It's a much smaller section of the store, and while everything offered was in stock, at best it was one of everything. No quantity. They're not carrying inventory. And everything Made in China. That hurt the most. The items were just kind of on the shelves, things weren't picked up. It went from the look of a dream garage to the garage of a guy who lost everything in the divorce and started drinking professionally.
11:26 I miss that mascot. I always used to make fun of him, but he was lowkey my homie
What even is that?
@@sytincer5708 He's a anthropomorphic Newspaper.
@@calderse makes sense.
H h h gregg!
Panasonic blu-ray ninety-nine dollars!
32-inch LCD TV two ninety-nine!
LG 42-inch HDTV four eighty-nine!
I've had my TV for 6-7 years now and it's just fine. But it's Toshiba and not some off brand. I actually no idea they sold bad stuff. Like factory seconds? Those aren't all bad. Sometimes it's just because there are scratches. People buy scratch & dent all the time because it's cheaper. Although for washers and dryers I'd advise against it. In fact, stay away from electronic dryers. Get yourself a vintage mechanical Lady Kenmore. It's the best dryer ever made.
"For all of the non-US residents, it's a lot like Best Buy, enough said".
Me, British: hmm yes Best Buy, the place that.. buys things best? Thanks for the help mate, all the context I bloody needed
Can you do a video on the decline of Hastings, please?
I loved their stores so much, and I was so sad when the one by my old university closed down.
Title looked like a misspelling.
GamingWithADog ikr
It isn’t
That's why he said "looked", not "is".
We bought a dishwasher there. Absolutely the worst customer service. The sales people didn't have a clue. They thought they lost my purchase, then over an hour later "discovered" it in the back room. Never planned on going back to one.
No one knows how to pronounce it. When we first got one all of my family thought it was pronounced exactly how it looks without realizing the _"hh"_ part was separate so to us it will always be _"hehegerggu"_ and where I got my mom's shit laptop.
Do one on FAO Schwarz, the oldest toy store in the US.
The story of FAO is sad. After all their stores shut down they became just another name owned by Toys R Us which was put on random stuff.
“heheherggu” I just lost my shit 💀
The Dynast Queen Does your family speak Engrish?
I worked there. It was pronounced "h h greg" but our customers often said "h 'n h greg" and it made me laugh every time
All the hhgregg stores here are now ded. Rip
Killjoy Matt ayyyyye
"I ran the numbers and found out thats not even half the states" thanks for clearing that up lmao
Yep I can confirm as a Canadian moved here just recently I've never heard of these guys. But then again I never heard of Whattaburger either but they're delicious. Is hhgregg delicious? I don't think so, terrible name for a burger joint :P
Take 10 Whataburger is basically South-only
Fuck I'm American I didn't know they exist but it maybe because we have in and out instead
videogamebomer+ In And Out is pretty good too, a good replacement for Whataburger
Whataburger is primarily in Texas. I never heard of it until we moved here 8 years ago. It’s good but not the best. And I’ve never heard of hhgregg but I can safely say Whataburger is much more delicious than them lol.
Whataburger tastes horrible
Never heard of it. Tbh I looked at the company name and thought maybe you just fell asleep on your keyboard while posting.
1:15
*RECORD SCRATCH*
Hold up! If hhgregg started in Indiana, then why would there be no hhgregg locations in Indiana?
Why am I complaining, you ask? Because I live in Indiana!
*Tries to put in the IU logo but fails to do so*
Do Service Merchandise or Hills next!...
Lance Goodie I loved Service Merchandise. The original Wheel of Fortune had the Service Merchandise Showcase and everyone got a SM gift certificate and the ceramic dalmation dog with what little money they had left over. In the fall in the 80’s you got the Christmas catalog for Sears, JC Penny and SM and a toy guide from Hills. Now all gone ‘sigh’.
Thank you, I feel a little less ancient, and alone in those memories...sigh.
Service Merchandise would be awesome! I still remember looking at video game consoles in their catalogs back in the day (if you could call Colecovision or Atari "consoles" compared to the modern equivalent).
Scott Warrmbier I think thats the first time I've ever seen somebody act like the 2600 or Colecovision aren't consoles. Not sure where you're pulling that from, but they very much WERE consoles.
I think "game system" vs. "console" but I don't have any ego/investment in either term - I was just happy to have something to play games on in the early 80's (which for me was a VIC=20)....
It's amazing to see and learn about hhgregg's true colors, which are gray, but sometimes there's a rainbow within.
I've never known much about hhgregg in my life (one location that I only went to the day before it closed) until I came across the Sbassbear parody commercial.
There, I discovered real hhgregg commercials and was introduced to HH, the mascot! He is so cute (platonically), but even he couldn't clean the muddy grays of the store. I just discovered the grays through this very video. Thank you for opening my eyes.
(I'm only into hhgregg for the memes and mascot, btw.)
I knew this comments section needed an Indycar fan.
So here's a story, this season, hhgregg was planning to become a major sponsor for Andretti Autosport, which is owned by Michael Andretti. They were planning to sponsor Michael's failed son Marco in the 27 car for most of the season and becoming a minor secondary sponsor for Takuma Sato's number 26 car and the other two full-time Andretti cars. After the second race of the season, they filed for bankruptcy and thus immediately ended all sponsorship for all of the Andretti cars. *_Three days_* after they shut down, they were supposed to be the primary sponsor for Takuma Sato with Panasonic being the secondary sponsor *for the 2017 Indianapolis 500.* Due to hhgregg already have been defunct by then, some completely unknown and obscure company called Ruoff Home Mortage announced *_literally one week before the actual race_*__, they will fill the void that hhgregg left, _just for that one race!_ Without the funding and recognition for being able to sponsor more races this past season.
Guess what, Takuma, out of everybody in that 33 car field, ended up *winning* that one prestigious race that hhgregg was supposed to be on and now because of their bankruptcy and them becoming defunct, Ruoff will now be forever known, overall brand-wise, for becoming the main sponsor of the car that won the 101st running of the Indianapolis 500. In fact, at the time when Takuma Sato was driving and won that race, the hhgregg logo was _still_ on his fire suit despite them already being defunct for three days. And because of that huge win, Ruoff was able to sponsor more race for the rest of the season and now their brand will now become very likely to becoming a staple for the Indycar Series and will stick around for years to come.
Motorsport Enthusiast 64 lol
I hope you enjoyed reading that story.
I did enjoy it, thank you! :D
You're welcome. Glad you enjoyed it all :-)
That's pretty cool. Thanks for sharing.
"what should we name the company?"
*smashes head on typewriter*
"perfect."
Can you make a video about office Depot
ThatOneCookie what is wrong with office depot?
ThatOneCookie staples rise could be interesting too.
Office Depot is fine though, compared to some of it's contemporaries.
No, he should do a video on Office Max. ;-)
Company is doing fine, I work there.
I live in West Virginia (one of the states it is located in) and STILL haven't heard of it lol
Same here, we live in Wisconsin. Never heard of them.
Right lol supposedly New Jersey has them as well and never heard of it.
Panasonic blue ray 99 dollars
That more than half of their sales came from appliances was interesting to me. That suggests half of the business was Amazon/Best Buy competition as you went into, but the other half was actually competing more with Home Depot and Lowe's. As someone who did a lot of remodeling over the past couple of years, there would have been zero chance I'd get everything taken care of at Home Depot or Lowe's, then go to hhgregg and spend time hagging with a salesperon on commission to maybe save a few dollars on the appliances.
Panasonic Blu-Ray $99
HHHHHHHHGREGG
489
6/7 letters in the name are consonants, that's what went wrong.
You can blame them! Circuit City wasn't leaving an opening lmao they were closing because there was no market!
Ours in Green Bay just could not complete with Best Buy.
This is a story about a cat who walked across a keyboard and not only named the company but became its CEO.
Love your videos - I would love a video on the decline of Borders.
Owned by Kmart, iirc.
@@kittyprydex Only for a few years, became an independent company in the mid 90's.
@HitlerActually In decline before the Kindle was on the market.
PANASONIC BLU RAY $99 HHHHHHHHGREGG
I live in NY, been all over the east coast, never even heard of hhgregg until this video.
CHRISTMAS IN JULY
Panasonic blu ray 99 dollars!
*_3 2 i n c h l c d T V s_*
hhhhhhhh G R E G G
Rip status:
*LOW LOW PRICES*
haych haych hacyh haych hahhch h h GREEEEEG
Never heard of hhgregg. But when i saw the name i instantly thought "this sounds like a sound somebody would make when taking a massive dump"
Ah, my favourite company who’s name I can’t pronounce.
“AechAechGreg”
They just couldn't keep selling those Panasonic Blu-Rays for $99
Hhhgregg Panasonic blu ray 99 dollars 32 inch lcd tv 299 doin
My wife cried at an hh Greg once. We didn’t end up getting the tv that day because of that.