Friday, December 07, 2007

CompUSA shutting down operations

CompUSA will close its store operations (all 103 stores) after the holidays following sale of the company to Gordon Brothers Group LLC, a restructuring firm. CompUSA stores plan to run store-closing sales during the holidays. Privately held CompUSA, controlled by Mexican financier Carlos Slim Helu, said discussions were under way to sell certain stores in key markets. Stores that can't be sold will be closed. Gordon Brothers will also try to sell the company's technical services business, CompUSA TechPro, and online business. It would be up to the buyers whether to continue the CompUSA name.

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