According to a story on CNET, CompUSA is closing.
The were sold to a private equity firm and they will initiate closing all 103 stores. The stores will remain open through the holiday season, probably with everything must go.
It is amazing to me that they are closing. I think they tried to be everything in the electronics game and got hit hard by the competition from Circuit City and Best Buy. They should have stuck with the computer end of it and they might have done better.
Frys Electronics has always done well in California. It will be sad to see CompUSA go, but I am sure there will be some good prices and opportunities on the Internet.
I wonder who is next? Circuit City has been having some problems, maybe they are next.
Read more: CompUSA Closing Up Shop (PC World)