- Sep 20, 2007
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Remember in the Radio Shack thread where I said Tiger Direct was next up on my electronics store death watch? Nailed it.
The company is closing almost all of their physical retail locations and focusing on B2B operations. Kevin OLeary (Dragon's Den/Shark Tank) has signed on to assist with the transition.
Liquidation sales are already starting.
http://www.legitreviews.com/tigerdirect-closing-almost-brick-mortar-retail-locations_160042
They've been busy boys lately. Two execs at the company were just sent to jail for accepting bribes and kickbacks.
The company is closing almost all of their physical retail locations and focusing on B2B operations. Kevin OLeary (Dragon's Den/Shark Tank) has signed on to assist with the transition.
After an extensive review and planning process, we are taking actions immediately to accelerate our B2B and public sector customer focus in our North American Technology Products business. These actions will include the exit of substantially all retail store operations; closing a distribution center; and implementing a general workforce reduction to realign our resources solely with our B2B focus. We have engaged Gordon Brothers to assist with the retail store process and anticipate that all of these actions will be completed by the end of the second quarter.
Liquidation sales are already starting.
http://www.legitreviews.com/tigerdirect-closing-almost-brick-mortar-retail-locations_160042
They've been busy boys lately. Two execs at the company were just sent to jail for accepting bribes and kickbacks.
