CompUSA Goes Buh-bye!
December 7, 2007
My friend Rick Yaeger just tweeted some astonishing news about the national computer chain CompUSA. Apparently, after the holiday buying season is over, all 103 of the stores will be closing. For good. From Yahoo:
“Consumer electronics retailer CompUSA said Friday it will close its store operations after the holidays following sale of the company to Gordon Brothers Group LLC, a restructuring firm. Financial terms weren’t disclosed.
CompUSA operates 103 stores, which plan to run store-closing sales during the holidays.
Privately held CompUSA, controlled by Mexican financier Carlos Slim Helu’s Grupo Carso SA, said discussions were under way to sell certain stores in key markets. Stores that can’t be sold will be closed.”
All I have to say about this is that thank GOODNESS Apple recently announced plans to open an Apple retail store here next spring/summer. Between January and the opening of the new Apple store however, there will be a huge hole for local merchants to fill. Best Buy will probably pick up a great deal of the slack, but the business potential for the new Apple store in Greensboro just got a whole lot brighter. As a side note, Twitter & Twitterrific wins points once again for the first point of contact for me with breaking news items.