Hhgregg's shares could suffer with expansion-Barron's

NEW YORK, July 26 (Reuters) - Tougher times are looming for hhgregg (HGG.N), the Indianapolis-based consumer products and electronics retailer, Barron's reported.

Hhgregg's shares have risen 85 percent in the past year, despite the economic downturn and in a time when competitors like Circuit City have gone away.

But now Barron's said there is concern that hhgregg's 113 outlets are concentrated in states hit hard by unemployment. It is also expanding into places already "overstored," Barron's said. (Reporting by Steve Eder)