TigerDirect Has New Owner, Won’t Accept Returns
You may remember TigerDirect, a consumer electronics seller that has a website and once had stores across the country. Theyre probably best known for acquiring the brands and assets of CompUSA and Circuit City when both chains filed for bankruptcy and went out of business. Now competitor PCM has purchased the TigerDirect brand, and appears to be winding down its consumer-facing business
including abruptly doing away with returns. Any returns.
The new owner is PCM, a company once known as PCMall, which operates that site and also MacMall. The sale happened about five weeks ago, and the final handover of the company and all of its assets (yes, that includes customer lists) will happen by February 2016. PCM opted to hire around 400 TigerDirect employees, mostly salespeople, and about 500 people were laid off as a result of the sale.
Earlier this year, the brothers who founded TigerDirect pleaded guilty to bribery charges. The Securities and Exchange Commission accused them of accepting bribes from vendors for ensuring that companies who paid the brothers got TigerDirects business. Theyre currently serving sentences in federal prison, and hadnt worked for the company since 2011.
Thats all very interesting, but what about the TigerDirect return policy? Its not clear when the company made the change to their site, but the policy officially changed as the clock hit midnight on Christmas. The December 22 version of the page saved on the Internet Archive has a full return policy available, but now thats changed to all sales final, much like a liquidation sale.
http://consumerist.com/2015/12/28/tigerdirect-has-new-owner-wont-accept-returns/