CompUSA closing, assets to be sold

CompUSA is dead. The chain will remain open during the holidays, offering nice discounts to vultures like you and me, but has been bought by Gordon Brothers and will be sold off piece by piece.

Dallas-based CompUSA said on Friday that active discussions are underway to sell its technical services business, CompUSA TechPro, its online sales operation,, and select stores in key markets.

The chain’s 103 retail stores will remain open and staffed during the holiday season, offering discounts on computer and electronics ahead of the planned store closures.

UPDATE 1-Gordon Brothers buys CompUSA, will close stores [Reuters]