Computer retailer CompUSA plans to close all its stores after the holidays.
CompUSA, owned by the Mexican based firm Grupo Carso SA, has 103 stores in 68 markets.
In recent years, CompUSA has struggled against other big-box retailers such as Best Buy and Internet-based companies such as CDW.
CompUSA was founded in 1984 and rose to national prominence under the guidance of Nathan Morton.
As chairman and CEO, Morton led CompUSA from two stores and $60 million in sales as SoftWarehouse to its standing as a multibillion-dollar national retailer in less than five years.
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