CompUSA to close all of its remaining stores

Compusa LogoThey already closed half of the stores this past February, including the only local store in my area. Now CNN Money reports that after this holiday shopping is over CompUSA will close all of its remaining 103 stores in the US.

Dallas-based CompUSA has struggled for nearly a decade with falling prices on personal computers, its most important product, and competition from big-box retailers such as Best Buy.

This is bad news for CompUSA but good news for bargain hunters since the chain will likely run an aggressive store closing sales during this holiday shopping season to get rid of remaining inventory. Long term however this is not so good since it takes away some of the competition from the market.

Despite what others tell me, I can’t say I was very unhappy with CompUSA. They usually had a better variety of computer related products than CircuitCity and BestBuy and it is unfortunate that they haven’t been able to pull off.

Do you have a CompUSA in the area? Have you liked them?

Source: CompUSA to close all of its 103 stores from CNN Money

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5 Responses to “CompUSA to close all of its remaining stores”

  1. 1 Aleksey (alex) Dec 10th, 2007 at 5:04 pm

    I had no problems with CompUSA. I know they are referred to as CrapUSSR sometimes on Fatwallet but they’ve been very nice to me. ;) I actually found their staff to be way more knowledgeable about computers than Best Buy.

  2. 2 Mann in NJ Dec 10th, 2007 at 9:47 pm

    I went to the Mt. Laurel, NJ store on Monday evening with my $100 gift card. The manager said I’d better use it tonight (12/10) or tomorrow (12/11) because it might not be honored after that. So I used it up on instant saving stuff from the Sunday ad. I’ll miss having a local PC parts store.

  3. 3 Yan Dec 11th, 2007 at 11:19 pm

    Here is an interesting discussion at SD. An insider claims CompUSA stocked 20%, 30%, 50% discount tags for a huge liquidation sale starting tomorrow.

  4. 4 The Computer Brother Dec 12th, 2007 at 10:59 pm

    This is just my own opinion but I never really had any negative experiences with CompUSA. If anything my complaint would be that I either didn’t have enough money or didn’t have enough space to buy all the things that I wanted in this store.

    My only real complaint is that the store was located so far away. My experiences there though have been good.

    Now just ask me about my experience with Radio Shack and I will “bend” your ear!

  5. 5 ComputerUSA Dec 17th, 2007 at 7:17 pm

    Compusa is closing just because of their poor customer service and attitude of their employees. Every time I have been there, they act very weird, they were very unfriendly to check stock for genuine price match. With so much competition from BB, CC and online store (and of course ebay), why would the customer want to deal with unfriendly attitude !

    A lesson to be learn for CC and BB.

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