Compusa closing - going out of business

CompUSA is closing all of its stores, going out of business for good.

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CompUSA is officially going out of business, having been sold to an affiliate of the restructuring firm Gordon Bros. After closing down about half of their stores earlier this year, the decision has been now made to shut down all 103 stores in the chain.

CompUSA won't officially close its doors until after the holidays, which means that employees will get to keep their jobs a little bit longer, and consumers will likely benefit from deep discount sales. An undisclosed number of the stores will be sold to other retailers.

Gordon Bros. is currently discussing with various parties, the sale of stores in key retail markets, as well as some of CompUSA's other assets, including their online retail unit CompUSA.com, and technical support service business CompUSA TechPro.

Source: clevelandleader.com

You can bet that this Christmas season you can get some good deals as CompUSA will be liquidating its inventory. So visit your local Compusa before closing for some good deals!