03-03-2007, 01:05 PM
Quote:The hint of a problem started with the closure notice in a CompUSA store near the internetnews.com San Francisco offices. Very quickly, it turned into an avalanche. CompUSA, the last remaining pure play computer retail store in the country, is closing 126 of its 229 stores in the United States and Puerto Rico by the end of May.
It's rough times for other retailers, too. Circuit City, the country's number two electronics chain behind Best Buy, said last month that it would close 70 stores and cut 400 jobs, most of them in Canada...
The excuses all around are the same: price competition...
full article: http://www.internetnews.com/bus-news/art...hp/3663466