Gateway to close 188 all of their stores next week - GoFuckYourself.com

Juicy D. Links · 04-01-2004, 04:53 PM

http://www.reuters.com/newsArticle.j...ryID=473017 7

SAN FRANCISCO (Reuters) - Gateway Inc. (GTW.N: Quote, Profile, Research) on Thursday said it would close its 188 stores and eliminate about 2,500 retail positions, the biggest move the personal computer and consumer electronics maker has made since it bought eMachines Inc. last month.
Poway, California-based Gateway said it was also pursuing wider retail distribution of its PCs, digital cameras, flat-panel TVs and other products in the United States and abroad. The company, which had embarked on remodeling the stores before buying eMachines, was not more specific.

Gateway, which is also moving its headquarters north to Orange County, California, completed its acquisition of eMachines last month. Buying the profitable rival doubled Gateway's market share in the United States to about 7 percent, and it forecast it will return to sustained profitability in 2005 as a result of the acquisition.

Gateway's stores, which will be closed on April 9, have long been criticized by analysts and investors as an expensive drag on cash flow because of lease costs and the difficulty of managing inventories.

Also, with eMachines, Gateway doesn't necessarily need the added distribution channel the stores gave the company. In addition to selling Gateway's wares over the phone and via the Internet, eMachines PCs are sold at major retailers such as Best Buy Co.

Rictor · 04-01-2004, 04:59 PM

Never stepped a foot in one of their stores. The computers are decent. Their cheap flat screen tvs are what got my attention recently.

04-01-2004, 05:01 PM

doing the dell thing... it was only a matter of time.

DR_PHIL · 04-01-2004, 05:03 PM

they should have bought/rented space in somewhere like wal-marts. Maybe hire a few people..eliminate all the other bs needed for a standalone.

KMR Stitch · 04-01-2004, 05:06 PM

HATEWAY's

Good riddence!

warlock5 · 04-01-2004, 05:09 PM

Bought my first Gateway in 95... and another in 99... I'd never touch them with a 10 foot pole again.

SoundMan · 04-01-2004, 05:14 PM

I went to there stores a few times.. all you see is a bunch of cows going moooo.

the stores looked to geeky.

not set up to sell product.

Edguy! · 04-01-2004, 05:17 PM

The gateway boxes people've asked me to fix have been a bit of an ass, the ones I've seen, a few had components crammed into a case that wasn't really big enough...

KRL · 04-01-2004, 05:19 PM

Those stupid ass stores epitomized retailing gone wrong. The key to making money in retail is using every sqare inch you can to sell your goods.

You walk into gateway and they have all this cavernous space and one pc for sale every 10 feet at best.

The cow thing is stupid as fuck too.

I remember walking into a store and walking right out thinking oh my god they must have a complete idiot running their retail division.

SetTheWorldonFire · 04-01-2004, 05:21 PM

they can't keep up with best buy, circuit city, and other big name stores.

PostWhore · 04-01-2004, 05:26 PM

TheEnforcer · 04-01-2004, 05:52 PM

Gateway sucks ass. Had nothing but problems with their computers.

Bought a Dell and life is MUCH better!!

Mr Pheer · 04-01-2004, 07:24 PM

sweet, maybe they will have a huge sale and I can pick up some more lcd monitor's cheap

BadBrad · 04-01-2004, 07:28 PM

They had a nice new Gateway store setup here. It was only open for 2 months and then closed.

Screaming · 04-01-2004, 07:30 PM

dell got em, better products good prices

reynold · 04-01-2004, 07:52 PM

Maybe because next week is Holy week.

pornstar2pac · 04-01-2004, 08:19 PM

Quote:

Originally posted by Rictor
Never stepped a foot in one of their stores. The computers are decent. Their cheap flat screen tvs are what got my attention recently.

I have a gateway. it's ok.

the $700 17in. flat screen i have is the bomb

TSharp · 04-01-2004, 08:30 PM

gateway can suck my dick

Webby · 04-01-2004, 08:32 PM

If a computer store ain't got cables, cardboard cartons and sawdust over the floor - they ain't qualified! I leave!

JulianSosa · 04-01-2004, 09:08 PM

Quote:

Originally posted by MrPheer
sweet, maybe they will have a huge sale and I can pick up some more lcd monitor's cheap

Thats what im thinking but plasma tvs

webmaster x · 04-01-2004, 09:18 PM

Gotta observe Holy Week!

Bigfuck · 04-01-2004, 10:10 PM

Sad I love Gateway and still own a shitload of shares

stephanie m. · 04-01-2004, 10:18 PM

My gateway has been good to me. The dell I has was crappy.

erehwon · 04-02-2004, 07:55 AM

Quote:

Originally posted by KRL
Those stupid ass stores epitomized retailing gone wrong. The key to making money in retail is using every sqare inch you can to sell your goods.

You walk into gateway and they have all this cavernous space and one pc for sale every 10 feet at best.

The cow thing is stupid as fuck too.

I remember walking into a store and walking right out thinking oh my god they must have a complete idiot running their retail division.

I completely agree, I only wonder why it took as long as it did for this concept to die.

04-01-2004, 04:53 PM	#1
Juicy D. Links So Fucking Banned Industry Role: Join Date: Apr 2001 Location: N.Y. -Long Island -- Posts: 122,992	Gateway to close 188 all of their stores next week http://www.reuters.com/newsArticle.j...ryID=473017 7 SAN FRANCISCO (Reuters) - Gateway Inc. (GTW.N: Quote, Profile, Research) on Thursday said it would close its 188 stores and eliminate about 2,500 retail positions, the biggest move the personal computer and consumer electronics maker has made since it bought eMachines Inc. last month. Poway, California-based Gateway said it was also pursuing wider retail distribution of its PCs, digital cameras, flat-panel TVs and other products in the United States and abroad. The company, which had embarked on remodeling the stores before buying eMachines, was not more specific. Gateway, which is also moving its headquarters north to Orange County, California, completed its acquisition of eMachines last month. Buying the profitable rival doubled Gateway's market share in the United States to about 7 percent, and it forecast it will return to sustained profitability in 2005 as a result of the acquisition. Gateway's stores, which will be closed on April 9, have long been criticized by analysts and investors as an expensive drag on cash flow because of lease costs and the difficulty of managing inventories. Also, with eMachines, Gateway doesn't necessarily need the added distribution channel the stores gave the company. In addition to selling Gateway's wares over the phone and via the Internet, eMachines PCs are sold at major retailers such as Best Buy Co.

04-01-2004, 05:17 PM	#8
Edguy! Confirmed User Join Date: Mar 2004 Posts: 1,126	The gateway boxes people've asked me to fix have been a bit of an ass, the ones I've seen, a few had components crammed into a case that wasn't really big enough... __________________ porndollar.com

04-01-2004, 05:19 PM	#9
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	Those stupid ass stores epitomized retailing gone wrong. The key to making money in retail is using every sqare inch you can to sell your goods. You walk into gateway and they have all this cavernous space and one pc for sale every 10 feet at best. The cow thing is stupid as fuck too. I remember walking into a store and walking right out thinking oh my god they must have a complete idiot running their retail division. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

04-01-2004, 05:21 PM	#10
SetTheWorldonFire Confirmed User Industry Role: Join Date: Feb 2002 Location: California Posts: 7,444	they can't keep up with best buy, circuit city, and other big name stores. __________________ www.STWOFDesign.com hit me up on icq 154206276 or Skype: JaimeGizzle

04-01-2004, 05:26 PM	#11
PostWhore Confirmed User Industry Role: Join Date: Jan 2003 Posts: 4,720	__________________ Ask me how to monetize with adult traffic!

04-01-2004, 04:59 PM	#2
Rictor Old Timer Industry Role: Join Date: Jan 2001 Location: Indianapolis Posts: 12,208	Never stepped a foot in one of their stores. The computers are decent. Their cheap flat screen tvs are what got my attention recently.

04-01-2004, 05:01 PM	#3
X37375787 Guest Posts: n/a	doing the dell thing... it was only a matter of time.

04-01-2004, 05:03 PM	#4
DR_PHIL Confirmed User Join Date: Oct 2002 Location: Never visits the same thread twice Posts: 4,099	they should have bought/rented space in somewhere like wal-marts. Maybe hire a few people..eliminate all the other bs needed for a standalone.

04-01-2004, 05:06 PM	#5
KMR Stitch I am cool Join Date: Jul 2003 Posts: 14,494	HATEWAY's Good riddence!

04-01-2004, 05:09 PM	#6
warlock5 Confirmed User Join Date: Jan 2004 Location: Uranus Posts: 2,808	Bought my first Gateway in 95... and another in 99... I'd never touch them with a 10 foot pole again.

04-01-2004, 05:14 PM	#7
SoundMan So Fucking Banned Join Date: Nov 2003 Location: MidWest Posts: 3,471	I went to there stores a few times.. all you see is a bunch of cows going moooo. the stores looked to geeky. not set up to sell product.

04-01-2004, 05:52 PM	#12
TheEnforcer Confirmed User Join Date: May 2001 Posts: 2,855	Gateway sucks ass. Had nothing but problems with their computers. Bought a Dell and life is MUCH better!! __________________ Hit me up below for all your advertising needs!

04-01-2004, 07:24 PM	#13
Mr Pheer Retired Industry Role: Join Date: Dec 2002 Posts: 21,276	sweet, maybe they will have a huge sale and I can pick up some more lcd monitor's cheap __________________ 2 lifeguards for Jessica

04-01-2004, 07:28 PM	#14
BadBrad Confirmed User Join Date: Feb 2004 Location: Seattle Posts: 618	They had a nice new Gateway store setup here. It was only open for 2 months and then closed. __________________ Your sig chose me!

04-01-2004, 07:30 PM	#15
Screaming I can change this!!!!! Join Date: Feb 2004 Posts: 18,972	dell got em, better products good prices __________________

04-01-2004, 07:52 PM	#16
reynold Too lazy to set a custom title Join Date: Oct 2002 Location: Global Traveler Posts: 51,271	Maybe because next week is Holy week.

04-01-2004, 08:30 PM	#18
TSharp Confirmed User Join Date: Aug 2002 Posts: 120	gateway can suck my dick

04-01-2004, 08:32 PM	#19
Webby Too lazy to set a custom title Join Date: Oct 2002 Location: Far far away - as possible Posts: 14,956	If a computer store ain't got cables, cardboard cartons and sawdust over the floor - they ain't qualified! I leave!

04-01-2004, 09:18 PM	#21
webmaster x Confirmed User Join Date: Mar 2004 Posts: 4,400	Gotta observe Holy Week! __________________ Click 9500 FHG Text Descriptions--Only $89!

04-01-2004, 10:10 PM	#22
Bigfuck Confirmed User Join Date: Mar 2004 Location: In a fucking big house Posts: 4,961	Sad I love Gateway and still own a shitload of shares __________________

04-01-2004, 10:18 PM	#23
stephanie m. Confirmed User Join Date: Feb 2004 Location: cancun~~~~~~~~~ ICQ 292 580 143 Posts: 2,484	My gateway has been good to me. The dell I has was crappy. __________________ One of Six new Reality Sites in RealityCash - Coming soon.