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CompUSA is sold
Associated Press via WXYZ ^ | 12-8-2007 | AP

Posted on 12/08/2007 9:04:25 PM PST by Westlander

Consumer electronics retailer CompUSA says it will close its stores after the holidays.

CompUSA closed more than half its stores this spring.

(Excerpt) Read more at wxyz.com ...


TOPICS: Business/Economy; Technical
KEYWORDS: closing; compusa; computers; retail; store
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That leaves Worst Buy and Circus City for PC's. I'll make my own thank you.
1 posted on 12/08/2007 9:04:27 PM PST by Westlander
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To: Westlander

http://www.freerepublic.com/focus/f-news/1936409/posts


2 posted on 12/08/2007 9:07:58 PM PST by HangnJudge
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To: Westlander

Frys has a higher tech head feel that Best Buy or Circuit City. Of course, I’m not sure if you thought CompUSA was better that BB or CC... I never did.


3 posted on 12/08/2007 9:09:03 PM PST by RedWing9 (No tag here... Just want to stay vague...)
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To: Westlander

I’ll make my own thank you.

Thumbs up from a computer assembled by myself.


4 posted on 12/08/2007 9:11:16 PM PST by bill1952 (The right to buy weapons is the right to be free)
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To: Westlander

Have a look at this, if you haven’t already seen it.

http://www.pricewatch.com/


5 posted on 12/08/2007 9:20:12 PM PST by familyop (Roma est perdita)
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To: Westlander

That’s not an advertisement, either, BTW. I get nothing from that site or its subscribers. It’s the listing of lowest prices that I’ve seen, though. Various companies that sell low list their stuff there. ...hope that it helps you out.


6 posted on 12/08/2007 9:22:45 PM PST by familyop (Roma est perdita)
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To: familyop
I have used PW for years and saved a ton of money!

I go to the big boxes to look, even Fry's, but buy on PW!

7 posted on 12/08/2007 9:24:43 PM PST by shadowcat
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To: Westlander

That’ll teach them to rip me off on a rebate.

Glad to see them go.

I will probably shop their going-out-of-business sale.


8 posted on 12/08/2007 9:25:30 PM PST by PAR35
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To: shadowcat

I wish there was a Fry’s near here (far from California). :-)


9 posted on 12/08/2007 9:26:08 PM PST by familyop (Roma est perdita)
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To: Westlander

CompUSA was worstbuy, most expensive place I ever saw. Surprised they lasted this long. Now Fry’s Electronics is the best of them all IMO.


10 posted on 12/08/2007 9:34:45 PM PST by aft_lizard (born conservative...I chose to be a republican)
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To: Westlander

Call me slow, but why would Comp USA be sold, then closed? Market share?


11 posted on 12/08/2007 9:39:37 PM PST by umgud (the profound is only so to those that it is)
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To: Westlander
That only took about ten years after they became obsolete
12 posted on 12/08/2007 9:52:22 PM PST by bpjam (Harry Reid doesn't even have 32% of my approval)
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To: HangnJudge

“The success or failure of a company rests squarely on the shoulders of its management.” Henry Ford


13 posted on 12/08/2007 9:55:26 PM PST by CanaGuy (Go Harper!)
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To: Westlander

My best friend is a Sr. IT Facilities Coordinator for CompUSA, they got an email Friday afternoon around 4:30pm telling them to call in for a pre-recorded message at 4:45pm letting them all know that they would all soon be unemployed...He says he should have gotten out this past spring when they were shutting down all the stores in the DFW area...


14 posted on 12/08/2007 9:55:57 PM PST by Texans
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To: familyop

I’ve been using pricewatch for at least a decade—they’re my first stop for all PC-building needs, among other things.


15 posted on 12/08/2007 10:18:46 PM PST by ECM (Government is a make-work program for lawyers.)
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To: umgud

I think they sold it to a “Jack and the Beanstalk” kind of guy.


16 posted on 12/08/2007 10:36:43 PM PST by Krankor (kROGER)
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To: HangnJudge; Westlander; RedWing9; bill1952; familyop; shadowcat; PAR35; aft_lizard; umgud; bpjam; ..
Interesting read here, originally posted 3/27/07 when CompUSA was shutting down nearly half of its retail stores:

Case Study: Why CompUSA Is Losing The Battle For Computer And Electronics Sales

17 posted on 12/08/2007 10:36:49 PM PST by Mr_Moonlight
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To: Texans

Your friend will find a job fairly soon. The job market is certainly better in DFW than it was.

I worked there from ‘89 till ‘92. Still like the stores.

Its just not as compelling as in the past.


18 posted on 12/08/2007 10:59:05 PM PST by texas booster (Join FreeRepublic's Folding@Home team (Team # 36120) Cure Alzheimer's!)
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To: Texans

Call in to hear that you were going to be laid off? That is gutless. Typical Carlos Slim

I have a friend who lives near one of the guy’s houses in Mexico City. His description of Carlos is “Bolsa de suciedad”. Look it up.


19 posted on 12/08/2007 11:35:34 PM PST by InABunkerUnderSF ("Gun Control" is not about the guns. "Illegal Immigration" is not about the immigration)
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To: umgud

They will need a team in place to liquidate as many assets as possible before pulling the plug. Mostly real estate holdings I would presume.


20 posted on 12/08/2007 11:41:27 PM PST by Company Man
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To: bpjam
That only took about ten years after they became obsolete.

It's been about ten years since my last PC purchase there. (And I'm still using it right now!)

21 posted on 12/09/2007 3:11:35 AM PST by Does so (...against all enemies, DOMESTIC and foreign...)
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To: familyop

Have your tried http://www.newegg.com/?


22 posted on 12/09/2007 3:26:33 AM PST by Dacula (So long and thanks for all the fish!)
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To: Dacula

Newegg and Tigerdirect are where I spend my computer dollars. I just got 2G of RAM for $40. I got a CPU fan with a heat sink for eight dollars.


23 posted on 12/09/2007 4:07:58 AM PST by CalvaryJohn (What is keeping that damned asteroid?)
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To: umgud
but why would Comp USA be sold, then closed?

Asset value exceeds purchase price and future profits.

24 posted on 12/09/2007 4:38:29 AM PST by Malsua
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To: CalvaryJohn
Newegg and Tigerdirect are where I spend my computer dollars.

Agree. I just finished a new computer for my wife with most of the parts coming from Newegg and Tiger. Had a problem with the first M/B, wrote Tigerdirect and a new one was sent out, no problem. I did get a few small things from Fry's but they aren't by first choice.

25 posted on 12/09/2007 4:55:29 AM PST by engrpat
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To: familyop

I’ve used pricewatch for years. Great site.


26 posted on 12/09/2007 5:04:45 AM PST by RightOnline
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To: bill1952

Is there a how to site that would guide a: “I can take it apart but it always winds up in a basket” kinda guy.
thanks


27 posted on 12/09/2007 5:31:22 AM PST by mcshot (Missing my grade school desk which protected from nuclear blasts.)
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To: umgud
why would Comp USA be sold, then closed?

It takes a certain skill set (and mind set) to profitably liquidate a company.

28 posted on 12/09/2007 11:29:52 AM PST by PAR35
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To: Westlander
That doesn't surprise me. CompUSA was never my first choice of places to shop for parts. The small PC shops around San Diego maintain a cut throat level of competition and pricing while offering good variety and service. Too bad I'm 900 miles away from that level of convenience now.

I've been planning to build another new computer based on an MSI P35 Platinum, q6600 quad processor and 2 GB of DDR RAM. My local PC shop has built a few of these and recommended a 750 watt power supply. A 500 watt appears to be marginal for this class of motherboard/CPU. I have to purchase a video card as all my current machines are AGP based...this MB requires a PCI Express. I already have a 300 GB EIDE and DVD +/- R/RW/DL burner new in the box and waiting for a home. This box is going to be a Fedora Core 8 build/test environment. Mostly a "headless" server. I saw a machine at Best Buy from Gateway that had comparable specs, but all the customer reviews cite noisy hard disks, brittle RAM and motherboard failures. No thanks.

I use the pricewatch website to get a feel for the current reasonable "street price" of the various components. Purchasing that way does entail some risk if you get a bad component from a supplier. Dealing via phone, e-mail and multiple passes at UPS can eat any "savings" in a hurry vs dealing with a reputable local PC shop. My local shops make a best effort to come close to the best deals on the pricewatch site. In general, I expect my supplier of motherboard/CPU/RAM to demonstrate a successful boot on a technician's bench before I cart it home and install the motherboard in the new box. That saves a lot of time and travel.

29 posted on 12/09/2007 12:05:36 PM PST by Myrddin
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To: familyop
I wish there was a Fry’s near here (far from California). :-)

I agree. I enjoyed shopping at Fry's in San Diego. My last trip reminded me of why I moved. The Fry's in San Diego is the size of 4 football fields inside. On my last visit, the place was so crowded that I couldn't get near the merchandise to do any shopping. The whole store felt like a crowd racing out of a sports stadium at the conclusion of a big game. I couldn't get out of there fast enough.

30 posted on 12/09/2007 12:10:02 PM PST by Myrddin
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To: umgud
Call me slow, but why would Comp USA be sold, then closed? Market share?

The real estate occupied by the stores is probably the asset of interest. I expect a similar demise for Sears in the future.

31 posted on 12/09/2007 12:11:35 PM PST by Myrddin
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To: PAR35
That’ll teach them to rip me off on a rebate.

You too, huh?

32 posted on 12/09/2007 12:14:42 PM PST by Tijeras_Slim
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To: Westlander

I always found it darned tough to find the prices of merchandise there. Sales folk were always unavailable and nothing had prices posted.


33 posted on 12/09/2007 12:15:25 PM PST by gitmo (From now on, ending a sentence with a preposition is something up with which I will not put.)
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To: InABunkerUnderSF

No relation!


34 posted on 12/09/2007 12:16:23 PM PST by Tijeras_Slim
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To: Dacula

I buy most of my electronics from NewEgg


35 posted on 12/09/2007 12:17:10 PM PST by armymarinemom (My sons freed Iraqi and Afghan Honor Roll students.)
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To: RedWing9

Having lived with Fry’s from it’s inception; they have pissed me off as much as they have made me happy. I will not set foot in BB or CC. Do most shopping on the net.


36 posted on 12/09/2007 12:19:05 PM PST by mad_as_he$$ ("Has there been a code nine? Have you heard from the Doctor?")
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To: bpjam
That only took about ten years after they became obsolete

Give the man a seegar.

37 posted on 12/09/2007 12:20:29 PM PST by Hardastarboard (DemocraticUnderground.com is an internet hate site.)
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To: familyop
How's this?

Fry's

Downers Grove - 3300 Finley Road, Illinois (630) 390-2100

38 posted on 12/09/2007 12:22:04 PM PST by mad_as_he$$ ("Has there been a code nine? Have you heard from the Doctor?")
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To: mad_as_he$$
Downers Grove - 3300 Finley Road, Illinois (630) 390-2100

Isn't that where the Martians landed on Halloween 1939? Hmmm ....

39 posted on 12/09/2007 12:29:30 PM PST by ReignOfError
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To: ReignOfError

Yup and I bet Fry’s is built right on the spot! :-)


40 posted on 12/09/2007 12:34:18 PM PST by mad_as_he$$ ("Has there been a code nine? Have you heard from the Doctor?")
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To: Westlander

Don’t ever go to Circuit City.

They treat their employees like yesterdays garbage.


41 posted on 12/09/2007 12:35:28 PM PST by dragnet2
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To: Westlander
Bought a custom PC at compusa In VA beach and found out later,when it was too late, that they had used used parts. In fact fact I think the Attorney generals in several states went after them for this

good riddance

42 posted on 12/09/2007 12:44:11 PM PST by Charlespg (Peace= When we trod the ruins of Mecca and Medina under our infidel boots.)
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To: Tijeras_Slim
You too, huh?

One of many.

43 posted on 12/09/2007 12:46:50 PM PST by PAR35
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To: Mr_Moonlight
Interesting read here, originally posted 3/27/07 when CompUSA was shutting down nearly half of its retail stores: Case Study: Why CompUSA Is Losing The Battle For Computer And Electronics Sales

From the link: "Early on in CompUSA’s existence, a different chain named “Computer City” challenged CompUSA. CompUSA, which had the better brand name, and offered special “free after rebate” sales, beat down Computer City, and eventually bought up the chain at a steal of a deal. One down, many more to go."

It's interesting that the author of that blog chose Computer City as the comparison. Whenever I would walk into a Computer City, I was impressed with the cleanliness, ample lighting, and well-stocked, tidy shelves. I avoid talking to salespeople in stores as much as possible (unless I'm really frustrated), but I do not recall ever being unsatisfied with them.

Contrast that to CompUSA: Dimly lit stores, merchandise crammed on shelves in aisles that were too narrow for people to walk past each other comfortably, and what little open floor space they might have had was crammed with bargain bins, where they were trying to sell software at least a decade out-of-date.

My observations were similar whether I was shopping in Maryland or in California. I was sad to see Computer City get bought out by CompUSA; it was only a few weeks before the once bright store I was used to became dingy, cluttered, and dimly lit.

I suppose some people will tolerate almost any shopping conditions if it means rock-bottom prices, and I would guess that's why CompUSA lasted so long. Personally, I prefer attractive stores with slightly higher prices.

44 posted on 12/09/2007 1:41:32 PM PST by exDemMom (Now that I've finally accepted that I'm living a bad hair life, I'm more at peace with the world.)
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To: dragnet2
They treat their employees like yesterdays garbage.

If they treated their customers that well, they might not be coasting to oblivion.

45 posted on 12/09/2007 1:54:55 PM PST by ReignOfError
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To: Westlander

CompUSA will go Internet. Watch.


46 posted on 12/09/2007 3:00:59 PM PST by pray4liberty (I pray and I vote.)
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To: Westlander

Worst customer service of anyplace I’ve dealt with. Had a nightmare experience with my daughter’s laptop and it was impossible to get service for it despite their crappy extended warranty for which I paid wayyy more than it was worth. Never again!


47 posted on 12/09/2007 3:05:27 PM PST by BuckyKat
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To: CanaGuy; Shuttle Shucker

Or it’s owner - one Carlos Slim, Mexican multi-billionaire.


48 posted on 12/09/2007 4:40:41 PM PST by anymouse
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To: Westlander

As we all file past the casket and spit into it,
I’d like to share a memory of the deceased...

Back in ‘83, I was in graduate school and Apple
released the Mac and offered special educational
buys. I bought. Loved it.

These were the days before internal hard drives
on Macs. I had two 3.5” disk drives - both internal.
The WHOLE operating system fit onto one 400k disk.
Your program files AND data went on the other.

Presumably, in computer years, that must make me
ancient. I’m 50.

This was before the World Wide Web. I was online
with a 300 baud modem. Everything was in text only.

Anyway...

Diskettes were expensive - way out of the budget
range of graduate students... except at one place.

In North Dallas, over by Brookhaven college, back in
a quasi industrial area, there was a little hole in the
wall store that sold those diskettes SO CHEAPLY that
during the lunch hour, there was a line of people
15-20 deep waiting to buy.

The whole store was probably 12 X 12. it fronted a back
end warehouse.

I stood in that line many a time. Diskettes were basically
all they sold. The people on the warehouse side of the
ordering window looked like they were from the Middle East
somewhere.

We always wondered how they could sell those diskettes for
HALF or less as any other store. Of course, nature abhors
a vacuum, so we speculated that they were using this system
to ship money into or out of the country.

To make a long story short, that tiny hole in the wall
became CompUSA!

[shuffles from the front of the casket...]

I bought a lot of diskettes...

ampu


49 posted on 12/09/2007 4:53:22 PM PST by aMorePerfectUnion
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To: pray4liberty
CompUSA will go Internet. Watch.

Their choice. Newegg.com and a few others are light years ahead, established etc.

50 posted on 12/09/2007 5:16:49 PM PST by dragnet2
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