Friday, December 07, 2007

News: CompUSA to close all stores

WSJ reports:

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.


After K-Mart, now it's CompUSA. I was not a big fan of CompUSA anyways but seeing a giant store die like this is a bit depressing. As Steven Colbert says: "the market has spoken".

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