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back to article Red-soaked Systemax kills Euro jobs and US PC factory

US giant Systemax is shuttering its PC factory and axing the CompUSA and Circuit City brands. The reseller, which also runs Misco.co.uk, signalled it will cut its workforce in Europe after ploughing into the red in Q3 2012. The New York-listed biz delayed reporting its latest financial results on Monday as Hurricane Sandy …

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  1. Anonymous Coward
    Anonymous Coward

    We only found out this morning and have about as much info as this article.

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  2. Robert Halloran
    FAIL

    CompUSA storefronts?

    They'd taken over a bunch of the old CompUSA storefronts here in the US and restocked them from their TigerDirect inventory. Does this mean they're to be shuttered as well?

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    1. JCitizen
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      Coffee/keyboard

      Re: CompUSA storefronts?

      That's what I was wondering?!!

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      1. Anonymous Coward
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        Anonymous Coward

        Re: CompUSA storefronts?

        In conference call, they said they will simply change the name of stores from CompUSA to TigerDirect. I believe some of the CompUSA stores are already co-branded with TigerDirect name anyway

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        1. Robert Halloran
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          Meh

          Re: CompUSA storefronts?

          Going to the compusa.com site, they have "Powered by TigerDirect" beneath the logo.

          Before the CompUSA acquisition, they had had a couple of TigerDirect-branded storefronts; I suppose they're just going to order up a pallet of new signage. Glad to hear they're not closing.

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