CompUSA — down the tubes
p2pnet news | Product News:-P2P:- “Some of my worst retail memories are of moments spent at CompUSA.,” posts Michael Arrington on TechCrunch, going on:
“Bad prices. Bad selection. Customer anti-service. Don`t even think about returns.”
But all that’s about to be over.
Says the Wall Street Journal:
” Mexican telephone and retail magnate Carlos Slim, in a rare defeat, will exit the U.S. 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.”
Say no more.
Also See:
TechCrunch – CompUSA Goes Into The DeadPool. Good., December 7, 2007
Wall Street Journal – Slim to Close Last CompUSA Stores, December 7, 2007
Want to help p2pnet stay online? Please click here.
Use free p2pnet newsfeeds for your site. It’s really easy!
Subscribe to p2pnet.net | | rss feed: http://p2pnet.net/p2p.rss | | Mobile – http://p2pnet.net/index-wml.php
