
57 months ago
Hi all,
Just to preempt some questions I'm sure we'll see - I've decided to remove TigerDirect listings for now pending more information about what is happening to their business.
Per the following article:
http://money.cnn.com/news/newsfeeds/articles/prnewswire/NY51630.htm
To quote part of it:
Leeds continued, "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."
The exit of "substantially all retail store operations" and closing a distribution center definitely does not sound good, so I think it's wisest to remove their listings. If we hear news that the online retail operations are going to continue in full, we may reinstate them.
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