Gizmodo Australia » compusa

Take a Trip Down Memory Lane With Other Failed Gadget Sellers

Gizmodo US Edition — Tue, 11 Nov 2008 02:30:00 +0000

Now that Circuit City’s closing up shop, perhaps we should take a minute to remember other failed gadget dealers from our country’s storied history. Technologizer’s compiled a bunch of old television ads from now defunct tech stores and they’re a treasure trove of early 1990s cheesiness and the repetitive mantra, “Lowest prices! Best Selection! Amazing service!,” that none of them could actually provide. Remember Nobody Beats The Wiz? Crazy Eddie? The short-lived death of CompUSA? Who doesn’t love nostalgia for the ghosts of retailers past? [Technologizer]

CompUSA Throws in the Towel, Sells to a Liquidator

Adrian Covert — Sat, 08 Dec 2007 00:45:03 +0000

While the rumour has been floating around all week, the Wall Street Journal reports CompUSA has been sold to a liquidation firm, effectively putting the company out of business. The move is largely based on declining sales, with the company speculated to only do $US1.5 billion in sales this year (compared to $US4 billion last year). While it will be open through the holidays, the company is actively working to sell and/or close its 103 retail stores. Can you say clearance deals? [WSJ]

Benny Goldman — Thu, 06 Dec 2007 16:00:00 +0000

CompUSA may be going out of business soon. According to BGR, they have no shipments scheduled after February, and their holiday revenue this year is half of last year’s. [BGR]