The Dallas-based chain, is closing half of its’ store in the U.S. in the next 60-90 days to around 103 stores left in the U.S. and Puerto Rico.  The company sites store closings in poor producing revenue locations and outdated stores in an effort to streamline its’ operations and bring its’ balance sheet into the black, which has received a  hefty infusion of capital from its’ parent company Mexican-based Grupo Carso S.A.  One of the first stores to close is in Minneapolis, Minnesota where the liquidation of merchandise has already started, although MDM believes because of the latest snowstorm conditions, customers will not be able to get to the bargains until Saturday at the earliest. 

Handling the store closings will be Gordon Brothers Retail Partners, LLC.   Gordon Brothers, among their many diversified investment interests in the consumer products and retail industry, is a liquidator that typically buys the inventory of the store(s) being closed or going out of business and then conducts the sale.   

Other computer-based retailers downsizing is Circuit City that announced earlier in February that it will close 8 stores in the U.S. and 64 in Canada.   Best Buy seems to be one of the few left standing.

To find out what store locations remain for CompUSA, go to their site. 

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