Once a top-of-mind retailer for computing-related purchases, CompUSA lost its hold on the market and was forced to wind down its retail operation in late 2007.
At the time, the retailer was owned by a Mexican holding company, U.S. Commercial Corp., which was majority-owned by Carlos Slim, Latin America's wealthiest man. Slim plowed about $2 billion into the ailing computing retailer, but it wasn't enough to combat competition from big-box rivals Best Buy and Wal-Mart Stores.
Restructuring firm Gordon Brothers Group bought the chain's assets and shuttered its remaining 103 stores.
The brand was briefly revived when Systemax purchased it in 2008, and operated it as an online and catalog business until 2012, when the CompUSA brand was dropped and consolidated under Systemax's TigerDirect brand and website.