It’s been a rumor, and now it’s official.  CompUSA has announced that they will shut their doors after the heavily discounted holiday season.  My recommendation: don’t buy any extended warranties.

Sorry to see this group go, but it’s difficult to compete as number three and their advertising, customer service, and management haven’t matched the competition in recent years.

More information at Bloomberg.

~geek

In 1984, CompUSA opened it’s doors and consumers and businesses stormed them to take advantage of value, knowledge and selection.  In recent years, it seems that the company lost it’s edge and quickly lost consumer marketshare to companies like Best Buy and Fry’s Electronics and business marketshare to companies like CDW and Dell.  In February of 2007, they shuttered 126 stores, including a handful in the Silicon Valley.  If a computer store can’t make it here…?

Therein lies the rumor – will CompUSA be closing the rest of their stores and logging out of the marketplace?  I suspect yes, but only time will tell.

~geek