Cookie banner

This site uses cookies. Select "Block all non-essential cookies" to only allow cookies necessary to display content and enable core site features. Select "Accept all cookies" to also personalize your experience on the site with ads and partner content tailored to your interests, and to allow us to measure the effectiveness of our service.

To learn more, review our Cookie Policy, Privacy Notice and Terms of Use.

clock menu more-arrow no yes mobile

Filed under:

Attack of the Zombie Stores: Circuit City and CompUSA Rise Again!

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

It was a sad day in comparison-shopping-land when electronics superstore Circuit City liquidated and shuttered last year, leaving us with just one dedicated national electronics retailer, Best Buy. Now comes news that Systemax, the holding company that bought both Circuit City and CompUSA, will be reopening CompUSA stores in Houston and Chicago, with the possibility of Circuit City stores opening again in the near future.

"Recession hurts, but it also creates opportunities that would not have existed otherwise," said Systemax Chief Executive Richard Leeds. The company paid $14 million for rights to the Circuit City brand after the fallout and relaunched not long thereafter. The company reported an 84% rise in its fourth-quarter profits, ending March 8, in large part due to and revenues.
· Systemax to Reopen CompUSA [CBBN]