CompUSA Closing More Than 50 Percent of Stores

Zurbrick writes to tell us that CompUSA hs announced that they are closing the doors on over half their stores over the next three months. "CompUSA said in a statement it would close 126 of its stores and would receive a $440 million cash capital infusion, but it was not specific as to the source of the cash. The company also said it would cut costs and restructure. The company operates 225 stores, which its Web site says are located in the United States and Puerto Rico. "

Comments

Oh, no!

[saintlupus]

Wherever will I find gold-plated $30 USB cables?

Oh, okay, Best Buy will still be open.

--saint

Source of the cash

[DigitAl56K]

...would receive a $440 million cash capital infusion, but it was not specific as to the source of the cash

Someone finally paid for the retail version of Windows Vista Ultimate.

Re:Source of the cash

[DigitAl56K]

Here is some hot news for you...almost all of the inventory is going up on eBay for pennies on the dollar.*

* After rebates

Re:kinda sad.

[jackb_guppy]

There is a Fry's on East Coast!! Atlanta... 8hrs away for me.

I am lucky, I live between 3 Fry's, Chicago, Atlanta and Dallas. They are only a day away!

Is it a bedtime office-supply story?

[Kadin2048]

office supply story

Once upon a time, there was a brave little stapler, who was running low on staples...

That's what they get

[CptChipJew]

Their biggest mistake was not letting Belkin build the entire store. Their lack of gold-plating around the buildings led to low performance.

Re:Count yourself lucky you have a retail store.

[kd5ujz]

In the US, we call that store Radio Shack. You have questions? We have blank stares!