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March 10, 2010 From News
Systemax, Inc., the parent company of CompUSA, TigerDirect and the relaunched CircuitCity.com, posted a net income of just under $18.4 million in the fourth quarter, an 84 percent jump from the same period last year.
February 11, 2010 From News
CompUSA said Thursday that it has opened three new stores, bringing its Retail 2.0 concept to three new markets. The stores in Houston, Newark, Del., and Euless, Tex, brings CompUSA's North American store count to 33.
January 27, 2010 From News
CompUSA, which exited the Houston market when its previous incarnation went bankrupt, has returned to that area under its new management.
January 11, 2010 From News
Systemax's reconstituted CompUSA chain will re-enter the Chicago market this year with a store in the city
December 28, 2009 From News
hhgregg next year will become the latest retailer to open a store in Delaware.
December 3, 2009 From News
The revived CompUSA made its first move into the Mid-Atlantic region last week, opening a new 20,000 square-foot store in Dover, Del
Systemax Profits Rise
November 12, 2009 From News
Systemax Inc. posted a 12 percent increase in profit in the third quarter, on the strength of a 10 percent increase in consumer sales. The company, owner of TigerDirect, CompUSA and CircuitCity.com, made a profit of $12.6 million on the quarter, up from $11.3 million the same time last year. "CompUSA recently opened two new brick and mortar stores, with another planned to open later this month," CEO Richard Leeds said as part of the earnings announcement. "We have also signed leases for stores in several new markets that will open in the coming months, and we are continuing the conversion of our existing stores to our proprietary Retail 2.0 format." The Circuit City brand, which the company bought out of bankruptcy earlier this year, has also helped Systemax's bottom line."Circuit City has successfully reactivated many of its former customers, and sales from CircuitCity.com contributed to our overall sales growth," Leeds said. "We remain very optimistic about the long-term possibilities for this valuable asset. As in the past, TigerDirect continues to be a market leader in the online retailing of computer and consumer electronics."
November 12, 2009 From News
Systemax Inc. posted a 12 percent increase in profit in the third quarter, on the strength of a 10 percent increase in consumer sales. The company, owner of TigerDirect, CompUSA and CircuitCity.com, made a profit of $12.6 million on the quarter, up from $11.3 million the same time last year. "CompUSA recently opened two new brick and mortar stores, with another planned to open later this month," CEO Richard Leeds said as part of the earnings announcement. "We have also signed leases for stores in several new markets that will open in the coming months, and we are continuing the conversion of our existing stores to our proprietary Retail 2.0 format." The Circuit City brand, which the company bought out of bankruptcy earlier this year, has also helped Systemax's bottom line."Circuit City has successfully reactivated many of its former customers, and sales from CircuitCity.com contributed to our overall sales growth," Leeds said. "We remain very optimistic about the long-term possibilities for this valuable asset. As in the past, TigerDirect continues to be a market leader in the online retailing of computer and consumer electronics."
October 22, 2009 From News
Microsoft's long-awaited Windows 7 operating system is set to arrive in stores Thursday, meant to be a faster, less-buggy upgrade from the much-maligned Windows Vista.
Systemax Sued by Florida AG
September 8, 2009 From News
The parent company of CompUSA, TigerDirect and the new CircuitCity.com has been sued by Florida's state attorney general
September 8, 2009 From News
The parent company of CompUSA, TigerDirect and the new CircuitCity.com has been sued by Florida's state attorney general
August 12, 2009 From News
Systemax, the parent company of Tiger Direct, CompUSA and CircuitCity.com, reported a net profit of $6.49 million in the second quarter,
