CompUSA Officially Closing 126 Stores

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CompUSA, everyone’s favorite place to hang out while waiting for the sig. other to come out of Kohl’s, is closing 126 stores, or 50% of its current crop, to create a cash infusion of $440 million. Most of these stores are “old” which presumably means they were laid out in the 1800s and are no longer competitive in the face of Best Buy and Circuit City.

The closure is coming in the next two or three months and there is some talk that owner Carlos Slim, the third richest man in the world, might sell the business outright and retire to his aerie high above the Swiss Alps where he will watch the tribulations of man, chuckling softly.

CompUSA Closing More Than 50 Percent of Stores [CompUSA]

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