MAYS LANDING — Another South Jersey retailer is closing.
The hhgregg in Mays Landing will close with 87 other stores across the United States. The stores in Moorestown, Burlington County, and Deptford, Gloucester County, also are closing.
Hhgregg President and CEO Robert Riesbeck said in a press release these are closing because they are unprofitable or in areas that are no longer shopping destinations.
“We feel strongly that the markets we will remain in are the right ones for our customers and our business model. Our team is dedicated to moving forward and being a profitable 132-store, multiregional chain where we will continue to be a dominant force in appliances, electronics and home furnishings,” he said.
The 88 stores are expected to close by mid-April, eliminating about 1,500 jobs, hhgregg said.
The chain will continue to operate 132 stores.
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