CompUSA rises from dead, attacks Florida

April 24th, 2008 by

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CompUSA died a sputtering, inglorious death, but Ohio-based Systemax (which owns TigerDirect) didn’t shell out $30M to pick up the pieces for nothing: it’s just announced that it’s re-opening 15 US stores and opening a new one, 13 of which are in Florida. We’re not sure why the Sunshine State faces the brunt of CompUSA’s angry zombie wrath — do retirees enjoy being ripped off?* — but Texans and Puerto Ricans can join in the fun with four stores of their very own. These are all apparently open now — anyone brave enough to check out the scene?

*Rejected asides: “Is this punishment for that Pitbull record?” “Guess you don’t need braiiiiiins to pay these prices!” “Screw you, Mickey!”

[Thanks, Steven]

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Systemax salvages CompUSA brand, website, and up to 16 stores

January 6th, 2008 by

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We’re not sure how many people will be relieved by this news, but the few die-hard CompUSA fans out there can rest easy tonight, as the big box retailer will continue to live on as a ward of Ohio-based Systemax. According to Reuters, the TigerDirect owner will shell out around $30 million for the CompUSA brand, trademarks, e-tail business, and as many as 16 brick-and-mortar retail locations, although the particular sites have not yet been chosen. The acquisition — which comes just a month after the company was sold to liquidation firm Gordon Brothers Group — was justified by Systemax CEO Richard Leeds as being a good match for its Tiger Direct operation because he believes “the value of the CompUSA brand remains very high.”

[Thanks, Quentin]

 

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