Buyer of CompUSA plans to close or sell all 103 stores

Compusa closing!!!!


Buyer of CompUSA plans to close or sell all 103 stores

Advertiser Staff

Dallas-based CompUSA, which has two Hawai'i stores, has been acquired by an advisory and restructuring firm that plans to close or sell all of the retailer's 103 stores after the holiday season.

CompUSA said all stores will remain open and staffed during the holiday shopping season, and will offer special store closing sales on merchandise.

The computer and electronics chain was acquired by an affiliate of Gordon Brothers Group LLC for an undisclosed price. The liquidation plan follows a history of financial difficulties for CompUSA, which earlier this year closed 126 stores and attempted to restructure operations with management changes and a $440 million cash infusion.