CompUSA Closing Over Half of It’s Retail Stores

Looks like CompUSA has decided to concentrate on their biggest and most popular stores and are closing 50% of its retail stores. What does this mean? I would be looking for some big sales from your local CompUSA store, we don’t have any around here, but they are bound to be selling some stuff at some pretty good prices.

CompUSA said in a statement it would close 126 of its stores and would receive a $440 million cash capital infusion, but it was not specific as to the source of the cash. The company also said it would cut costs and restructure.

The company operates 225 stores, which its Web site says are located in the United States and Puerto Rico. Source: CompUSA Closing More Than 50 Percent of Stores