CompUSA To Close All Stores

An anonymous reader writes "Mexican telephone and retail magnate Carlos Slim, in a rare defeat, will exit the US consumer electronics market, shutting the last 100 CompUSA Inc. stores after sinking about $2 billion into the business. Gordon Brothers Group, a Boston-based retail store liquidator, will oversee a piecemeal sale of the Dallas-based business, the company said in a statement. Financial terms were not disclosed. Stores will remain open through year-end under the supervision of Gordon Brothers, which will also negotiate the sale of real estate and other assets."

Comments

The good old days

[davmoo]

Back in the day, CompUSA was a decent place to buy computer parts. They had a good selection, knowledgeable sales people, and good prices. Those days have been gone for some years now. It got to where their prices were so ridiculously high without a sale, and the "sale" required a rebate to get a decent price, that it was no longer worth shopping there. Especially when Fry's opened. I haven't been in the local store in 4 or 5 years.