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.

Slashdot it!

Also See:
TechCrunch - CompUSA Goes Into The DeadPool. Good., December 7, 2007
Wall Street Journal - Slim to Close Last CompUSA Stores, December 7, 2007

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This entry was posted on Monday, December 10th, 2007 at 6:41 am and is filed under Product News. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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