Wall Street Journal reports that one of my walk in computer shops, Compusa will be shutdown. Even though I did not like the sales people who did not know USB, from PSB, I could find what ever they offered easily on their racks, which were neatly arranged most of the time. I just got my Nokia N810 there.
"Mexican telephone and retail magnate Carlos Slim, in a rare defeat, will exit the U.S. consumer electronics market, shutting the last 100 CompUSA Inc. stores after sinking about $2 billion into the business.
Gordon Brothers Group, a Boston-based retail store liquidator, will oversee a piecemeal sale of the Dallas-based business, the company said in a statement. Financial terms were not disclosed. Stores will remain open through year-end under the supervision of Gordon Brothers, which will also negotiate the sale of real estate and other assets. Two law firms were hired to represent creditors, CompUSA said."
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