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In reply to the discussion: Best Buy to close 50 US stores, cut costs [View all]MicaelS
(8,747 posts)29. The "old" CC no longer exists...
The CC name and trademark was bought by Systemax, who also bought the CompUSA name and trademark. Systemax also owns Tiger Direct.
http://en.wikipedia.org/wiki/Systemax
Subsidiaries and Divisions
Subsidiaries and divisions of Systemax, Inc. include SystemaxPC, Tiger Direct, CompUSA, CircuitCity.com, Global Industrial, Nexel, Misco, Infotel, Global Computer Supplies, SpeedGifter and Worldwide Rebates.
CompUSA acquisition
On January 6, 2008, Systemax Inc. announced an agreement on the acquisition of the Miami-based CompUSA brand, trademarks and e-commerce business, and as many as 16 CompUSA retail outlets in Florida, Texas and Puerto Rico.
Acquisition of Circuit City trademarks and website
On May 13, 2009, Circuit City announced it had closed a deal with Systemax allowing them to acquire the intellectual property of Circuit City, including its trademarks, brand name, and internet domain, for $14 million.The deal took effect six days later, and the first store under Systemax (currently using the CompUSA brand) opened in November 2009. The Circuit City website was restored with the Systemax purchase.
Subsidiaries and divisions of Systemax, Inc. include SystemaxPC, Tiger Direct, CompUSA, CircuitCity.com, Global Industrial, Nexel, Misco, Infotel, Global Computer Supplies, SpeedGifter and Worldwide Rebates.
CompUSA acquisition
On January 6, 2008, Systemax Inc. announced an agreement on the acquisition of the Miami-based CompUSA brand, trademarks and e-commerce business, and as many as 16 CompUSA retail outlets in Florida, Texas and Puerto Rico.
Acquisition of Circuit City trademarks and website
On May 13, 2009, Circuit City announced it had closed a deal with Systemax allowing them to acquire the intellectual property of Circuit City, including its trademarks, brand name, and internet domain, for $14 million.The deal took effect six days later, and the first store under Systemax (currently using the CompUSA brand) opened in November 2009. The Circuit City website was restored with the Systemax purchase.
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You can't buy a freakin' ink cartridge without being tagged for buying some other crap
AllyCat
Mar 2012
#6
I said 4 years ago . . . "Wait until your Best Buys and Circuit Cities and Targets start closing".
HughBeaumont
Mar 2012
#9
That is what is killing the overall economy...Best Buy is doing its level best to die faster...
Moostache
Mar 2012
#13
With computers selling for $500 and flat screen TVs for $1000, it's hard to make a buck
FarCenter
Mar 2012
#11
Their two strategies seem to be Best Buy-specific models or their house brands
FarCenter
Mar 2012
#38
I've had great experiences at most Best Buys I've shopped in. (Not all, but most)
Gidney N Cloyd
Mar 2012
#21