8 December 2007
They're dead, Jim
February 2007: CompUSA closes approximately half its stores.
February (approximately) 2008: CompUSA closes the rest of its stores.
An orderly liquidation is sought by the new owners, Boston-based Gordon Brothers Group, who acquired the company from Grupo Carso, the holding company of Mexican telecom billionaire Carlos Slim Hélu. Slim has gotten rather a lot of my money over the years; apart from CompUSA, at one time he owned Prodigy, the one-time online service turned ISP that was eventually folded into SBC, and he still controls América Móvil, which operates the TracFone wireless service in the US. And I have to figure Slim didn't become one of the richest men on the planet by holding onto properties that lose money.
The fate of other CompUSA properties the Web storefront and the tech-support division remains to be seen.Posted at 9:15 AM to PEBKAC