Sunday, January 6th 2008
Tiger Direct Owner Systemax to Buy CompUSA Franchise and Stores
Systemax Incorporated is currently in talks to buy the CompUSA brand, trademarks, e-commerce business and as many as 16 retail stores. Systemax analysts predict that the CompUSA brand name still has quite a bit of value, and can be turned around and brought to profitable glory. Systemax is willing to spend $30 million USD on this acquisition. Systemax has not yet announced what exactly they will do to make CompUSA a profitable enterprise.
Source:
Reuters
25 Comments on Tiger Direct Owner Systemax to Buy CompUSA Franchise and Stores
Now that would give a whole new meaning to Black Friday this year!
-Indybird
But in all seriousness this "could" be a good thing for the consumer.. however I really hate TG so let's hope the service is better.
but competition is good for us consumers
Our store is surprisingly still open . . . perhaps if TD buys Comp, it'll be one of the few to stay <keeps finger crossed>!!! :rockout:
They told us that their store was actually the number one CompUSA store in terms odf sales. I will take that with a grain of salt though. But this can be good news for the consumers indeed if CompUSA were to not close down then that may just mean the world to me and WarEagle.
The only thing that worries me is that this is rather late in the closing stage for CompUSA since they have been putting everything in their stores on sale right now and discounting it by as much as 30% last time I checked with also a minimum of 10% off So in other words its between 10 and 30% off on everything last I checked
Hopefully, though, the few stores that do remain open - if TD does take over, I'd figure they'll probably clear out whatever inventory is left, or hold on to it. Perhaps with TD brandishing the company, we might see an even better selection of goods in-store. That would be great, IMO.
I just don't want to be forced to only buy things online. I'm usually willing to pay the slightly extra cost of being able to pick up an item in store, and not have to wait 3-7 days for a delivery - and then should you find out the part is bad and have to send it back . . . But, screw paying BB or CC prices. All their high-end components are way over priced.
But BB does occasionally have some good weekly sales or even trhree day sales.
Heck I bought a 120 GB portable Harddrive somewhere around the time of Spring and Summer 2007 for only $69.99 or $79.99 I cant remember the exact price but it was like only a three day sale I do beleive. But generally speaking I wouldnt recommend going to Best Buy or CVircuit City unless its for really cheap movies or really good weekly deals because on normal pricing CompUSA would rape the others asses generaly
2 examples I've used before as to price differences (and this is about 4 months ago, at this point). The PNY XLR8 DDR2 800 CAS 4 2GB kit that I bought was $150 at CompUSA; BB had the same exact kit on the shelf for $349 :twitch: . Same time there, I saw a VisionTek HD2900XT 512MB on the shelf at CompUSA for $359; CC had the same exact model for $499.
:shadedshu
Sadly, if I want to continue my personal boycott, I'll now have to buy all my hardware online - when it came down to it, I was willing to pay a little extra at Comp than have to wait 3-9 days, hope the part isn't damaged or defective, and all that crap, y'know?
Keeping my fingers crossed, that one of our two regional stores might survive the cutting block . . .
In my area its only me and Wareagle or at least for those that post regularly on this site, since I havent seen anyone else post on this website that lives near Huntsville
Buggar.
Wait a minute! TPU picket line!! w00t!