<![CDATA[Gizmodo: out of business]]> http://tags.gizmodo.com/assets/base/img/thumbs140x140/gizmodo.com.png <![CDATA[Gizmodo: out of business]]> http://gizmodo.com/tag/outofbusiness http://gizmodo.com/tag/outofbusiness <![CDATA[CompUSA Supplies FAQ About Store Closings]]> Now that CompUSA is closing its doors, it has begun the process of tying up loose ends regarding issues like gift cards, rain checks, rebates and returns. In a nutshell, if you purchased anything from the store after December 12th you are pretty much S.O.L.

As for warranties and service, CompUSA has stated that all products currently being serviced in the tech shop will be completed and returned. All outstanding warranties will be a third-party provider, Assurant Solutions. Wow, going out of business during the holidays makes things easy on everyone doesn't it? Hit the link for the full details. [CompUSA via Crave]

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<![CDATA[CompUSA Throws in the Towel, Sells to a Liquidator]]> While the rumor has been floating around all week, the Wall Street Journal reports CompUSA has been sold to a liquidation firm, effectively putting the company out of business. The move is largely based on declining sales, with the company speculated to only do $1.5 billion in sales this year (compared to $4 billion last year). While it will be open through the holidays, the company is actively working to sell and/or close its 103 retail stores. Can you say clearance deals? [WSJ]

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