CompUSA recently announced comprehensive changes aimed at improving the company’s structure, streamlining operations and reducing expenses.
To improve financial performance, the company has realigned its executive leadership team and will implement a strategy to streamline store operations. A key component of CompUSA’s business strategy will focus on maximizing margins in its top performing stores.
In an effort to improve structure and accountability, Gabriela Villalobos has been named to executive vice president, sales and operations. Villalobos will be responsible for store, services, small business and e-commerce sales. On an interim basis Villalobos will oversee merchandising and marketing. Villalobos has a strong background in sales and operations and her expertise will be instrumental in implementing CompUSA’s realignment strategy.
Mike Bryk, formerly vice president of finance and accounting, was promoted to chief financial officer. Bryk has been with CompUSA since 1993 and has filled the role of vice president since 1998.
CompUSA has made the decision to close four stores, including:
• Long Beach, CA (PCH) (Store # 175) – 6310 East Pacific Coast Hwy, Long Beach, CA 90803
• San Mateo, CA (Store #728) – 41 West Hillsdale Boulevard, San Mateo, CA 94403
• Mesquite, TX (Store #127) – 1515 Town East Blvd. #168, Mesquite, TX 75150
• Skokie, IL (Store #177) – 7011 Central Ave., Skokie, IL 60077
Ben Popken reports for The Consumerist, “CompUSA will close 100 stores this year, according to an industry insider speaking to us under conditions of anonymity. Currently, CompUSA has 229 stores.”
Full article here.
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