RALEIGH, N.C. –The Triangle will soon lose its only CompUSA store.
CompUSA, which is based in Dallas and is privately held, said it will close the Raleigh store as part of a major restructuring. Nationally, the chain is closing more than half its locations.
The first of 126 stores to be closed were shut down last week. When the restructuring is fully implemented, the chain will have 103 stores in 39 states and Puerto Rico.
The Raleigh store is located at 7101 Glenwood Avenue.
The chain will keep stores open in Greensboro, Charlotte and South Charlotte, according to the company’s Web site.
Stores will be closed over the next 60 to 90 days, the company said in a statement.
"Based on changing conditions in the consumer retail electronics market, the company identified the need to close and sell stores with low performance or non strategic, old store layouts and locations faced with market saturation,” said Roman Ross, chief executive officer of CompUSA. “The process began last week with the closing of four CompUSA stores and over the next 60-90 days, the company will close a total of 126 stores in the United States to focus on initiatives that enhance its top performing locations.”
