Electronics retailer hhgregg is going out of business

Consumer electronics chain hhgregg Inc. is going out of business and shutting down all its stores.The Indianapolis company said Friday that it will liquidate its assets after failing to find a buyer for the business. It filed for bankruptcy protection in March.Founded in 1955, the retailer had 220 stores in 19 states selling major appliances like washers and TVs, as well as computers and home theater systems. As of May last year, it had about 5,000 employees.Just days before announcing its bankr