I grew up and still live in Canada, so I am not familiar with CompUSA at all. However, it’s easy to see the impact it had on B&M stores since it’s first opening in 1984. The franchise closed many stores earlier this year, so the writing was on the wall. The rest of the stores will either be sold off as assets or closed altogether, including online properties. Total stores closed this year would total 229.
Of course where there is bad, there might be some good. In CompUSA’s case, it means that stores should have some amazing deals before they close up shop. If you are near a CompUSA, you should remain in the lookout.
The upside, if there is one, is that we will see some great deals at the remaining stores, just as we did in February during the closure of 126 stores. Gordon Brothers Group promises that consumers will be able to find “attractive holiday bargains” as part of the sale process—I know a good number of geeks who will be making a mass exodus to the soon-to-be-extinct stores over the weekend to get some holiday shopping for themselves done, for sure.
Source: Ars Technica