CompUSA closing, assets to be sold

Saturday, December 8th, 2007

Biggs is the editor of TechCrunch Gadgets. Biggs has written for the New York Times, InSync, USA Weekend, Popular Mechanics, Popular Science, Money and a number of other outlets on technology and wristwatches. He is the former editor-in-chief of Gizmodo.com and lives in Bay Ridge, Brooklyn. You can Tweet him here and G+ him here. Email him directly at john@techcrunch.com. → Learn More

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CompUSA is dead. The chain will remain open during the holidays, offering nice discounts to vultures like you and me, but has been bought by Gordon Brothers and will be sold off piece by piece.

Dallas-based CompUSA said on Friday that active discussions are underway to sell its technical services business, CompUSA TechPro, its online sales operation, CompUSA.com, and select stores in key markets.

The chain’s 103 retail stores will remain open and staffed during the holiday season, offering discounts on computer and electronics ahead of the planned store closures.

UPDATE 1-Gordon Brothers buys CompUSA, will close stores [Reuters]

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