It's possible that the plant suffered from lack of water before it was purchased and may take time to recover.
It should be planted in an area of shade with only a bit of morning sun; add water retaining crystals to the soil; keep the plant watered.
If there is still one good stem you could try to cut and root that one in stem vermiculite (Forsyth Pot method) and start fresh.
This is a hydrangea which someone threw away with their yard waste; it was just a dead-looking root ball when I planted it the last week of March 2014. It gets only morning sun in this location.
Here are the first 4 cuttings which I rooted in vermiculite and potted up just yesterday.
My goal is to use the stems from the mother plant and continue to propagate new plants from it.