CompUSA Throws in the Towel, Sells to a Liquidator

This image was lost some time after publication.
This image was lost some time after publication.

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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DISCUSSION

their clearance prices will just end up being other stores regular prices. but hey now the employes don't care about what is going on, they are losing their job. time to instill some hatred into their minds for their company and let me get some stuff really..really dirt cheap =p