All California Good Guys stores close, while home entertainment products and expertise expand within CompUSA locations. In response to consumer buying preferences and demands, Good Guys is closing the doors to its 46 locations. n According to GoodGuys.com “After more than 30 years of providing the best in high-end entertainment products, along with unmatched service and support, our freestanding stores are closing, and the Good Guys web site is no longer available for transactions.”
Goodguys marketing company in Kansas City is tap dancing, according to HSBC Watch, around issues which arose as GoodGuy’s website says “closing mean more savings for you” while newspaper reports dwell on job losses for effected communities. “CompUSA is owned by the fourth-richest man in the world but finances customers through former predatory lender Household International, now called HSBC Finance Corporation, which is a sore spot for any marking company” said the group.
Reported 5 August 2005: HSBC - North America’s retail services business has renewed its relationship with CompUSA ® to manage the company’s private label credit card program. CompUSA is a leading technology retailer in the United States and Puerto Rico.
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