Consumer electronics retailer CompUSA said Friday that it will go out of business after the holidays following sale of the company to Gordon Brothers Group LLC, a restructuring firm. Financial terms weren't disclosed.
CompUSA of Dallas operates 103 stores, which plan to run store-closing sales during the holidays.
Privately held CompUSA, controlled by Mexican financier Carlos Slim Helu's Grupo Carso SA, said discussions were under way to sell certain stores in key markets. Stores that can't be sold will be closed.
Not exactly surprising, but I actually think I've seen more people in CompUSA the few times I've been there than Circuit City. How *that* place stays in business is beyond me...