{"id":366,"date":"2011-06-16T04:36:00","date_gmt":"2011-06-16T08:36:00","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/2011\/06\/hats-off-to-hh\/"},"modified":"2011-06-16T04:36:00","modified_gmt":"2011-06-16T08:36:00","slug":"hats-off-to-hh","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2011\/06\/hats-off-to-hh\/","title":{"rendered":"Hats off to hh"},"content":{"rendered":"<div dir=\"ltr\" style=\"text-align: left;\" trbidi=\"on\"><span style=\"-webkit-border-horizontal-spacing: 2px; -webkit-border-vertical-spacing: 2px;\"><\/span><\/p>\n<div style=\"font-family: Arial, Helvetica, sans-serif; font-size: 12px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"float: right; margin-left: 1em; text-align: right;\">\n<tbody>\n<tr>\n<td style=\"text-align: center;\"><a href=\"http:\/\/upload.wikimedia.org\/wikipedia\/commons\/9\/98\/Hhgregg_storefront.jpg\" style=\"clear: right; margin-bottom: 1em; margin-left: auto; margin-right: auto;\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" height=\"180\" src=\"http:\/\/upload.wikimedia.org\/wikipedia\/commons\/9\/98\/Hhgregg_storefront.jpg\" width=\"320\" \/><\/a><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">Source: William M at en.wikipedia via Wikimedia Commons<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">The other day an article came across my desk.\u00a0 Essentially it combined the notice of a retail grand opening with a help wanted posting.\u00a0 With all the mystery engulfing even the near-term future of our domestic economy, it almost comes as a surprise when a company, especially a retailer, announces even modest expansion.<\/div>\n<\/div>\n<\/div>\n<div style=\"font-family: Arial, Helvetica, sans-serif; font-size: 12px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">With all the bluster some politicians devote to hyping hope when it comes to jobs, it seems almost shocking when a company calmly comes out looking for considerable amounts of help by offering 600 jobs, jobs, jobs.\u00a0 Yet that is what hhgregg is doing in South Florida.<\/div>\n<\/div>\n<\/div>\n<div style=\"font-family: Arial, Helvetica, sans-serif; font-size: 12px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\"><\/div>\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">Recently the company announced plans to open ten new locations as it invades a wide range of neighborhoods across three counties in South Florida.\u00a0 Ten locations and six hundred jobs.\u00a0 Take that recession.<\/div>\n<\/div>\n<\/div>\n<div style=\"font-family: Arial, Helvetica, sans-serif; font-size: 12px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">Actually Indianapolis based hhgregg hasn\u2019t let the recession keep it down as it has most of retailing.\u00a0 During the recession, the company has initiated similar openings events in other markets far from its home base including the Washington DC metro area and West Central Florida.\u00a0 Upon approaching each new market the now multi-regional retailer has entered with aplomb, taking over existing stores, often old Circuit City locations and creating an atmosphere unique to its own image.<\/div>\n<\/div>\n<\/div>\n<div style=\"font-family: Arial, Helvetica, sans-serif; font-size: 12px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\"><\/div>\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">Visiting my first hhgregg store at a soft opening in West Central Florida, I found sales people eager to do more than just sell.\u00a0 While exhibiting professional sales manners, the sales personnel made it clear that they had eagerly bought into the company philosophy. They seemed to enjoy displaying product knowledge.\u00a0 If customers had doubts that a product might not fully meet their needs the sales people easily smiled and noted the retailer\u2019s easy return policy.\u00a0 The customer\u2019s primary responsibility was to return the product with its packaging in tact in new condition.\u00a0 That\u2019s right, there were no restocking fees.\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0<\/div>\n<\/div>\n<\/div>\n<div style=\"font-family: Arial, Helvetica, sans-serif; font-size: 12px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\"><\/div>\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">As many hhgreggs are located in proximity to well worn Best Buy stores, the message was clear.\u00a0 We may not be as customer-centric but we are more customer-trusting than the nationally based competitor.<\/div>\n<\/div>\n<\/div>\n<div style=\"font-family: Arial, Helvetica, sans-serif; font-size: 12px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">When I noted to an associate that I was aware that hhgregg salespeople were commissioned, one such salesman happily chimed in that hhgregg\u2019s prices are competitive with the competition and they eagerly price match.\u00a0 He then wondered where the money goes in the competitor\u2019s scheme if commissioned personnel can offer the same if not better prices, plus he claimed, better and more knowledgeable service.<\/div>\n<\/div>\n<\/div>\n<div style=\"font-family: Arial, Helvetica, sans-serif; font-size: 12px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\"><\/div>\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">One of the new locations will be in a small strip virtually adjacent to the renowned, upscale Aventura Mall.\u00a0 This is an easily trafficked, primo shopping area which has done well during the recession.<\/div>\n<\/div>\n<\/div>\n<div style=\"font-family: Arial, Helvetica, sans-serif; font-size: 12px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">While hhgregg has done well as it eagerly invaded what often were territories previously dominated by Best Buy, South Florida is the home of one of the most admired regional CE retailers.\u00a0 Visit a long distance friend or relative in South Florida and it is almost certain that you will eagerly be referred to BrandsMart USA at the mere mention of needing even a minor CE item such as a media card.\u00a0 BrandsMart is famous for its bargain bins loaded with such small items at eye-catching prices.\u00a0 Mention something more complex such as a camcorder or digital SLR and you will likely be ushered there as I was.\u00a0 Locals seem to enjoy the store\u2019s culture and the very knowledgeable staff, for a fun and profitable shopping experience.<\/div>\n<\/div>\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\"><\/div>\n<\/div>\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">As noted in an earlier Insight, Best Buy\u2019s recent disappointing financials have forced it to reexamine many of its retailing strategies including restocking fees, which it is loathe to lose. \u00a0Companies like hhgregg and BrandsMart USA have essentially forced Best Buy\u2019s hand.<\/div>\n<\/div>\n<\/div>\n<div style=\"font-family: Arial, Helvetica, sans-serif; font-size: 12px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\"><\/div>\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">That hhgregg, during difficult economic times, recognized real estate bargains in promising major retail markets is commendable.\u00a0 That it has templated a plan to broadly and boldly e<\/p>\n<p>nter these markets is more than noteworthy.\u00a0 That it has done this during a recession is remarkable. \u00a0<\/p><\/div>\n<\/div>\n<\/div>\n<div style=\"font-family: Arial, Helvetica, sans-serif; font-size: 12px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\"><em>For more information on the Discount &#038; Specialty Retailers database\u00a0<a href=\"http:\/\/www.chainstoreguide.com\/c-77-discount-stores.aspx\">click here<\/a><\/em>.<\/div>\n<\/div>\n<\/div>\n<div style=\"font-family: Arial, Helvetica, sans-serif;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">\n<div style=\"font-size: 12px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\"><\/div>\n<\/div>\n<div style=\"font-size: 12px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\"><a href=\"http:\/\/www.retailvoice.net\/profile\/ArthurRosenberg\" style=\"clear: left; float: left; margin-bottom: 1em; margin-right: 1em;\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" border=\"0\" height=\"102\" src=\"http:\/\/www.chainstoreguide.com\/static_content\/mailblast\/arthur_headshot.jpg\" style=\"cursor: move;\" width=\"75\" \/><\/a><span style=\"-webkit-border-horizontal-spacing: 2px; -webkit-border-vertical-spacing: 2px; font-size: small;\"><\/span><span style=\"-webkit-border-horizontal-spacing: 2px; -webkit-border-vertical-spacing: 2px; font-family: Times; font-size: small;\"><span style=\"font-family: Arial;\"><span style=\"font-size: 12px;\"><span style=\"font-family: Arial, Helvetica, sans-serif;\"><span><strong>Arthur Rosenberg,<\/strong><em>\u00a0Senior Editor\u00a0<\/em><\/p>\n<p>Arthur has worked at Chain Store Guide for 20 years. He received a B.A. degree from City College of New York and attained a master\u2019s degree in electronic communications from Brooklyn College<\/span><span>. Please\u00a0<\/span><\/span><\/span><\/span><span style=\"font-family: Arial, Helvetica, sans-serif;\"><span><u><a href=\"https:\/\/www.chainstoreguide.com\/offthechain\/mailto:arosenbe@csgis.com\"><span style=\"font-family: Arial;\"><span style=\"font-size: 12px;\">contact him<\/span><\/span><\/a><\/u><\/span><span style=\"font-family: Arial;\"><span style=\"font-size: 12px;\"><span>\u00a0if you have any questions.<\/span><\/span><\/span><\/span><\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\">\n<div style=\"margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;\"><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Source: William M at en.wikipedia via Wikimedia Commons The other day an article came across my desk.\u00a0 Essentially it combined the notice of a retail grand opening with a help wanted posting.\u00a0 With all the mystery engulfing even the near-term future of our domestic economy, it almost comes as a surprise when a company, especially&hellip; <a class=\"more-link\" href=\"https:\/\/www.chainstoreguide.com\/offthechain\/2011\/06\/hats-off-to-hh\/\">Continue reading <span class=\"screen-reader-text\">Hats off to hh<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[6,5],"class_list":["post-366","post","type-post","status-publish","format-standard","hentry","category-discount-specialty","tag-csg-old","tag-insight","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=366"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/366\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}