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Dec 8, 2007 · DALLAS — Consumer electronics retailer CompUSA said Friday it will close its store operations after the holidays after sale of the company to Gordon Brothers Group, a restructuring firm....
Dec 8, 2007 · CompUSA closed more than half its stores this spring and got a cash infusion of $440 million to restructure. During the wind-down, Weinstein and Stephen Gray, managing partner at CRG Partners,...
- What Happened to Compusa in 2012
- What Happened to Compusa in 2008
- What Went Wrong
- Retail Experience That Works
In 2012, Systemax, the company who bought the CompUSA brand in 2009, decided to rebrand CompUSA and Circuit City under the Tiger Direct brand. Then, in 2015, Systemax closed all but four Tiger Direct retail stores. So if it seems like the CompUSA near you changed names a few years ago and then disappeared relatively recently, you’re not imagining t...
CompUSA had a 23-year run in retail, starting out in 1984 in Dallas and opening a second store in 1985 in Atlanta. In 1991 it changed its name from Soft Warehouse to CompUSA and became a national chain in the 1990s. CompUSA thrived, and in 1998 it bought one of its biggest competitors, Computer City, a sister company of Radio Shack. In 2003 it boug...
As Internet retail grew in the 1990s, CompUSA had a hard time competing. It also didn’t have a lot of things that electronics chains and office supply chains didn’t also carry. People went to CompUSA when they needed something the same day, but frequently, consumers had more than one choice for the things CompUSA carried. CompUSA had a better selec...
Retailing isn’t my area of expertise and neither is marketing. But the computer retailers who are left seem to have a draw. They aren’t just enthusiast stores, but they have things to cater to enthusiasts and get them in the door. Micro Center sells motherboards and CPUs and everything else you need to build your own PC. The prices don’t always bea...
Dec 10, 2007 · CompUSA will close or sell all of its retail outlets and TechPro services business, the retailer and its new owner, Gordon Brothers investment bank, announced Dec. 10. Gordon Brothers, which acquired the retailer Dec. 7,
Mar 30, 2007 · CompUSA, the computer and gadget retailer owned by Mexican billionaire Carlos Slim, said on Tuesday it would close more than half of its U.S. retail locations over the next two to three months to...
2008 – On March 2, CompUSA finalizes the round of store closures that started on Dec 7. AT&T Consumer Home Services agrees in principle to purchase the TechPro group for an unstated amount. 2008 – On March 21, CompUSA announces that 12 CompUSA stores are open to the public.
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Dec 8, 2007 · Consumer electronics retailer CompUSA said Friday it will close its stores after the holidays following sale of the company to an affiliate of Gordon Brothers Group LLC.
