« Apple Insanity | Main | Hilfiger Denim Goes to the Disco »

December 10, 2007

Say Goodbye to CompUSA. We'll Miss You. Sort Of.

Compusa_2
CompUSA announced on Friday that it had been acquired by the restructuring firm Gordon Brothers Group, which will in turn liquidate the company, or what's left of it after half of its locations were shuttered earlier this year. The company noted challenging business conditions as the primary reason for its demise, though anyone who has shopped there recently would be able to tell you that poor service,  dull merchandising, dreary store environments and a general lack of competitive pricing are to blame. What else besides mismanagement could be to blame for the demise of a large national computer chain (228 stores this time last year) during a technology boom? The Shophound lives near a sizable branch of the store, and lately we have been going there to only look at what we will order later for a better price from Amazon. The above photos were taken on what should have been a busy Holiday Season Saturday afternoon. We barely saw a hint of Christmas decoration, let alone much in the way of customers. The giant new Best Buy a few short blocks away which sells much of the same merchandise, was substantially busier.
A liquidation, however, usually means a big liquidation sale! Woo hoo!
Before you get too excited, we are willing to bet that the chain's premium vendors who rarely if ever discount, like Apple or Bose for example, will be able to demand that their goods be returned before they are sold at fire sale prices. As of yet, the G.O.B sales have not yet begun, however, we will be keeping a sharp eye out for them. After all, it will probably be worth it just for the discount on printer ink and blank CDs.

UPDATE: We hear that liquidation will begin after the Holidays which could mean Chanukah, which ends tomorrow (but probably doesn't), or New Years, but most likely means December 26th. Can you hold out for that cut-rate external drive, or are you just not that much of a geek?

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d83451e6b169e200e54f9c8a358833

Listed below are links to weblogs that reference Say Goodbye to CompUSA. We'll Miss You. Sort Of.:

Comments

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

AddThis Social Bookmark Button

Categories