“CompUSA, the computer and gadget retailer controlled by Mexican billionaire Carlos Slim, has been sold to a restructuring and investment firm that will close stores and sell some company assets,” Lisa Baertlein reports for Reuters.
“The new owner is Boston-based Gordon Brothers Group, which recently helped CompUSA sell under-performing stores,” Baertlein reports. “The terms of the deal were not not disclosed.”
“The chain’s 103 retail stores will remain open and staffed during the holiday season, offering discounts on computer and electronics ahead of the planned store closures,” Baertlein reports. “Earlier this year, the company closed more than half of its U.S. retail stores in a bid to streamline operations and bolster margins at top-performing stores.”
Full article here.
MacDailyNews Take: This proves that good things come to those who wait. Anyone who’s ever been in a CompUSA knows exactly what we’re talking about.