Hhgregg reports $10.3 million loss

Hhgregg reported a $10.3 million net loss for the quarter, compared to a $1.3 million loss in the same period last year. President and CEO Dennis May said the company will need to reposition the business around a broader assortment of home products, make adjustments to the video and appliance categories, and refocus efforts to drive traffic to stores and the website. Story