Full FeedCompUSA update: Tiger Direct retail locations to assume CompUSA name
The whole situation still makes me a little nervous about just how nice the shopping experience will be, but there is a slight bit of good news for CompUSA fans. Those 16 retail store locations that we mentioned the other day, they are going to be retaining the CompUSA name. Systemax, the parent company of Tiger Direct is also planning on re-branding the existing 11 Tiger Direct retail locations with the CompUSA name and use Tiger Direct only for their online sales. The deal is said to cost $30 million and is an all cash deal.
Read [Trading Markets] Via [SlashGear]
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Hope Tiger Direct survives the severe case of indigestion they’re going to get from swallowing 16 InCompetent USA stores…
From the articles, TigerDirect sure isn’t paying much. I suspect that is because there are tons of obsolete, unsalable items in the store inventories. The local COMPUSA always had a large supply of obsolete disk drives (some priced over $4500), unusable obsolete software, useless cables, etc, etc. I’m sure the junk and grey market peddlers will miss the easy dumping ground for their surplus electronics.
on February 7, 2008 at 06:42 PM - LINK