CompUSA To Close All Stores 509
An anonymous reader writes "Mexican telephone and retail magnate Carlos Slim, in a rare defeat, will exit the US 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."
That sucks (Score:5, Informative)
When is Fry's going to make it to the east coast?
The good old days (Score:5, Informative)
Re:Meh. (Score:5, Informative)
Re:That sucks (Score:2, Informative)
Re:Huh? (Score:5, Informative)
I'm also surprised to see that they have but 100 branches. The fact that I am familiar with them shows how influential they are. I suppose though, that influential != [ big || successful ].
My experience is that Com-pooza is horrible. (Score:3, Informative)
In Portland, Oregon [slashdot.org] the closing of CompUSA stores will mean that the retail Fry's [frys.com] store has no competition in selling the more unusual items. Since Fry's is very adversarial toward its customers, in my opinion, that will mean prices will rise.
My experience is that Com-pooza is horrible, though.
Both stores sell cables for more than $20 that cost less than $2 wholesale.
Re:EggHead became NewEgg dummkopf (Score:1, Informative)
Re:That sucks (Score:2, Informative)
You can always try Microworx. They don't have as big of a selection, but for the "gotta have it now" parts, those they generally have.
I'll agree on Fry's, though...wish they'd make it out this way....
Re:Meh. (Score:3, Informative)
How about flying off the shelves before the store opened the day the ad came out? This happened all the time. The last time this happened my buddy needed an HDD and CompUSA had one on sale in their ad with a mininum of 10 per store. We met up at a local restaurant for breakfast, then went to the store. We got there 15 minutes before they opened and there was 1 person waiting outside. When the doors opened there were 5 of us waiting and we all went in different directions. My buddy and I went back to the counter were they kept the HDD's and he asked for one, only to be told by the clerk that they were out. Out? The store had just opened and we were the first ones there. The clerk wouldn't answer why they were out, but the answers are obvious:
As we left the store empty handed we came across 2 other guys who were outside when the store opened and neither of them got what they came for either. Needless to say neither my buddy nor I have been back since.
Re:Where will I buy quad slim cases? (Score:3, Informative)
These folks have more kinds of cd/dvd holders than you could possible need.
And thousands of other things CompUSA never even thought to carry.
http://www.cyberguys.com/ [cyberguys.com]
Oh and heres the 4up in flexible polypropelene so it wont shatter like the styrene ones
And color coded to boot. And cheaper.
http://www.cyberguys.com/templates/SearchDetail.asp?productID=2794 [cyberguys.com]
Where they went wrong (Score:5, Informative)
Anyhow, where I think they went wrong was getting into consumer electronics like big screen TVs. Their prices were outrageous and their store displays were woeful. And the thing that drove me the most crazy was they never even bothered to properly set up the TVs. They would always be running noisy content with maladjusted displays in the wrong aspect ratio, in a bright environment. I was actually embarrassed for them. In all my years of going there I never, ever saw anyone in a checkout line or leaving their store with a TV in their cart, as contrasted with Best Buy, where it was commonplace.
Re:EggHead became NewEgg dummkopf (Score:4, Informative)
Re:That sucks (Score:3, Informative)
J&N in Fairport, NY, is a great source for computer components. Plus their assembled systems are good deals (I'm typing this message using a computer that they built for me). They don't carry as many brands as CompUSA, but their prices are good and their staff is very knowledgeable.
Also, Circuit City is not bad if they have what you want in stock. When I buy stuff from them, I always order online and then pick up at the store.
Re:Meh. (Score:3, Informative)
Likely it was this one. My wife worked as security at Sears for a span, and it was routine to allow associates to purchase items at sale price (minus an employee discount) before the store opened.
Fair? No.
Did I tell her to grab an Xbox 360 for immediate resale on eBay? Betcherass I did, but they were all gone by the time her shift started 1/2 hour before the store opened. Other employees came in early.
Don't wait for Fry's, find a small store/chain. (Score:3, Informative)
Example: I needed some thermal grease for an emergency repair. I drove to a small local store and asked for some; what gets handed to me is a small tube that they just happened to have lying around, free of charge. They didn't need it and couldn't sell it, so I could have it.
Example: Another time, my graphics card became screwy and I didn't have a second PCIe card to replace it with. It was 17:40, twenty minutes before the store closes. I call them and ask them if they can close a bit later as I need to make an emergency purchase. No problem at all, they tell me. 18:05 I walk into the store and buy "the cheapest NVidia PCIe card you have".
You don't get that kind of service with the big chains. Sure, they might have a bigger selection, but the independent/small-chain stores generally have everything you might need in a hurry and can back-order stuff they don't have. And even if they can't always match the big players' prices, the service is in an entirely different league.
Re:That sucks (Score:3, Informative)
I went to Best Buy for some USB A-B cable. Best Buy wanted to charge me $25 for a 3 foot cable. Yeah but they're gold plated... I don't care, the signal isn't going to work any different. Well, it gives better quality prints... I said OK, now you're going too far, I'm outta here.
Radio Shack is just as incompetent. Give me a powered UHF/VHF antenna. Yeah right, 5 antenna's later (still in the shop, they gave me FM antenna's even a HAM-radio antenna) they said: this one is powered. Came home: no it isn't. Same thing for a simple power supply, how difficult is it to find a 9V, 1,5A power supply? I only have this 1500 Amp one "Uh, let me see, yes, 1500mA is 1,5A, thank you, I'll go with that one"
Ever since, I've only been shopping online. If I need something really bad, I'll do overnight shipping, saves me a lot of time, gas and headache.
Re:As an ex employee... (Score:3, Informative)
The key to shopping there was to either do your homework first, or to be lucky and find one of those with genuine technical experience (I made sure to keep learning and experimenting with new stuff, and to use that knowledge). Unfortunately, CompUSA gained a bit of a reputation for not adequately helping the customer. After Slim's acquisition and taking the company private, things only got worse. When their selection and prices deteriorated over the years, it became a place to visit only when you needed something NOW; otherwise, just order it from an online retailer once you've determined what to get.
So passes CompUSA, son of Soft Warehouse.
Re:fare thee well (Score:3, Informative)
For those who don't follow German supermarket corporation politics: Wal-Mart pulled out of the German market in 2006 after losing ~$3 bn and sold their local assets to the Rewe corporation, one of the big players in the German supermarket business.
If BB/CC expaded to Germany they'd meed stiff resistance from firmly entrenched players like Media Markt (which should have a near-100% brand recognition) and Saturn, which both belong to the Metro Group, which is one of the big players that Wal-Mart lost against. Hardly a good way go gain foothold.
I don't know how it is in other countries, but in Germany, the big brick-and-mortar chains are firmly entrenched with the trenches in question being nuke-proof bunkers.
Re:That sucks (Score:3, Informative)
Re:I like going to the tigerdirect store in Chicag (Score:4, Informative)
Re:Meh. (Score:4, Informative)
MicroCenter?
I know they aren't available everywhere, but those that do have them, I would take them over CompUSA or Fry's. These days I usually go to Best Buy, as I've been rather unimpressed by the CompUSA near me, and there aren't Fry's or MicroCenter around here, but I can't help feeling a little dirty when I do.
Re:They Screwed Radio Shack (Score:3, Informative)
It's been lost to the mists of time now, but Radio Shack was doing the equivalent of the Apple Store a quarter-century ago, with the "Radio Shack Computer Center" stores. They were not only huge in the pre-PC days, they were the leader in "PC clones" for a while.
In the early '90s, though, they decided the Tandy Computer brand just wasn't making it anymore, and they decided to go all-out for retailing. They sold their computer divisions (which included Victor and GRiD) to AST, spun off other brands they owned that were marketed through non-Tandy stores (like Memorex), and opened Computer City, Edge in Electronics, and Incredible Universe. They also bought a couple other chains like McDuff's and Video Concepts.
What killed that path, basically, was in part what just did in CompUSA: Best Buy and Circuit City, combined with bottom-barrel retailers like Wal-Mart. The other part was Incredible Universe itself: picture stores that were 150,000+ square feet, had child care centers and restaurants, and were consciously patterned after Disney theme parks in terms of style and customer service. Basically, Fry's with ten times the dazzle and ten times the overhead.
By the late '90s Radio Shack decided to concentrate only on the little mall stores. I'm not sure how they're doing these days, but a few years ago, at least, this strategy seemed to have worked out pretty well for them, even though old fart TRS-80 users like myself miss the old chain.
Re:EggHead became NewEgg dummkopf (Score:5, Informative)
http://en.wikipedia.org/wiki/Egghead_Software [wikipedia.org]
"Egghead was hurt by a December of 2000 revelation that hackers had accessed its systems and potentially compromised customer credit card data. The company filed for bankruptcy in August of 2001. After a deal to sell the company to Fry's Electronics for $10 million fell through, its assets were acquired by Amazon.com for $6.1 million."
Re:Meh. (Score:3, Informative)
Re:Don't wait for Fry's, find a small store/chain. (Score:3, Informative)
Re:A Question.... (Score:2, Informative)