quarters sits within walking distance of a strip mall that until very, very recently still contained Borders ( BGPIQ.PK ) and CompUSA signage. Examples of business swamped by debt and unable to cope with a changing competitive paradigm. The fact that they
By Street Instincts : Systemax Inc . ( SYX ) is to Best Buy ( BBY ..... products it sells: Product Best Buy TigerDirect .com Acer UltraBook S3 $899 ..... subsidiary of a marketing company Systemax Inc ., is expanding into the retail
MUMBAI, Nov 8 (Reuters) - India's largest-listed company Reliance Industries on Tuesday said its unit Infotel Broadband Services Ltd has acquired a 38.5 percent stake in privately held digital learning firm Extramarks Education Pvt Ltd.
* Fiorentino to surrender 1.1 mln Systemax shares, $480,000 in cash
some confirmation of an unfolding shakeout in the consumer electronics industry. Several retailers, including Tweeter and CompUSA , have struggled to remain profitable as competition heats up and consumer spending slows. The lone bright spot has been the
posted generally disappointing results during the last few quarters. This has forced many of Best Buy's rivals--including CompUSA and Tweeter--to close a significant number of stores in 2007. As pricing pressure intensifies, we expect Best Buy to further
disappointing results during the last few quarters. This has forced many of Best Buy's rivals--including Circuit City CC, CompUSA , and Tweeter--to close a significant number of stores in 2007. As pricing pressure intensifies, we expect Best Buy to
in rent on expiring leases) to 19%. The company reported that bankruptcy proceedings at Bally's, Tower Records, and CompUSA have affected 24 leases. The leases amount to only 450,000 square feet out of Federal's portfolio of 20,000,000 square
disappointing results over the past few quarters and this has forced many of Best Buy's rivals--including Circuit City CC, CompUSA , and Tweeter--to close a significant number of stores in 2007. As pricing pressure intensifies, we expect Best Buy to
accounting errors surfaced relating to inventory and vendor allowance overstatements. Mondry most recently served as CEO of CompUSA . We think having new management should help the firm to improve its internal controls. This could also lead to a possible