Recession Wasn't a Deterrent for hhgregg's Retail Expansion
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Electronics chain hhgregg had been content to methodically grow from its Midwest roots until the recession hit — and then the retailer became more aggressive than ever. While other retail chains were toppling all around it, Indianapolis-based hhgregg turned economic malaise into opportunity and began scooping up bargain leases. It opened about two dozen stores during the past year, with plans to open as many as 45 more new stores in the coming year.