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Tiger Direct (mostly) abandoning brick-and-mortar operations

3/13/2015

Consumer electronics retailer Tiger Direct has decided that brick-and-mortar is overrated.


The retailer is closing all but three of its 34 physical stores in the U.S. and internationally in order to focus exclusively on e-commerce.


An IT products and solutions provider, the company has made the strategic decision to accelerate its business-to-business and public sector customer focus, but mostly via its website.


“We appreciate the continued support of our valued customers over the years and hope they take advantage of the significant discounts during store-closing sales events. We also encourage our customers to continue to shop tigerdirect.com for future savings and an outstanding assortment of products,” said Adam Shaffer, president of Tiger Direct Business.


DJM Real Estate, a division of Gordon Brothers Group, has been retained to dispose of 27 TigerDirect stores in the United States and Canada. These properties are available for sublease or assignment and range from 14,000- 33,400 square feet.


TigerDirect.com, a subsidiary of Systemax Inc., has been serving businesses and personal electronics users for more than 25 years.


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