Known for its computers and electronics, Micro Center is a brick-and-mortar retailer with over 100 stores in the United States. The company sells desktops, laptops, monitors, and gaming systems. It also carries home appliances such as refrigerators and toasters. Founded in Columbus, Ohio in 1979 by John Baker, Micro Center is known for its low prices and huge product selection.
But is this retail giant going out of business? Before you head over to your local store, here’s what you should know about its possible closure.
Despite the rumours, there is no credible evidence to suggest that Micro Center will be going out of business shortly. The company has not publicly announced plans to close its doors and has not filed for bankruptcy in any court. A quick look at the retail chain’s official website shows that they continue to add new stores and locations across the country. There have been no press releases and no statements on their Twitter page, either; it seems this claim is completely unfounded.
Furthermore, there are no official reports that indicate that Micro Center has made any major layoffs recently, a common occurrence when companies are preparing for or during bankruptcy proceedings and none of their corporate leadership members have stepped down from their positions within the company.
All You Need to Know About Micro Center
Micro Center began in Columbus, Ohio in 1979 as a single storefront that specialized in building microcomputers. Today, there are 25 locations across 18 states with most stores located in the eastern half of the United States. Because they have low overhead costs (no corporate office and no advertising), they can sell electronics items at very competitive prices.
The full list of locations is available on their website but here’s a quick rundown of each state that has a store:
- Ohio (6 total)
- Wisconsin (3 total)
- Pennsylvania (3 total)
- Massachusetts (2 total)
- California (2 total)
- Maryland (2 total)
- Michigan(2 total)
- Georgia(1 total)
- New York (1 total)
- Texas (1 total)
- Illinois (1 total)
- Tennessee (1 total)
- North Carolina (1 total)
- Missouri (1 total)
Micro Center currently operates 25 locations across America.
Is Micro Center Going Out of Business?
In the wake of these Micro Center closures, many people wonder if the popular retailer is going out of business and it’s certainly a valid concern: Electronics retailer, Micro Center, announced several store closures around the United States, and that’s understandably made its customers wonder if they might need to shop elsewhere.
Micro Center is one of America’s most popular electronics retailers: The company has long been known for its large selection of computer parts and accessories at great prices, as well as its knowledgeable staff members who can help you pick out exactly what you need. With such a respectable reputation, it makes sense that many people are concerned about the future of Micro Center after news broke that more stores would be closing their doors.
The long-running rumours about Micro Center going out of business are nothing new. The company has reportedly been dealing with them for years. We found several forum posts and comments mentioning these closing rumours dating back to 2013, including one from a Reddit user who claimed to have received an email about the chain’s impending closure.
When asked about the supposed closing, a separate Redditor said that they had worked for Micro Center for several years and had never heard anything about the company shutting down its stores; instead, they were planning to open up at least three more locations in California. The current atmosphere surrounding businesses is particularly tense due to COVID-19, leading us to believe that this may have contributed to the reemergence of these speculations online.
Rumours that Micro Center would be shutting down their stores appear to have been circulating online since at least 2013, despite what some anonymous emails might say. Many believed the company would completely close its doors in November 2019.
There have been many rumours floating around about Micro Center going out of business. If you’re a loyal Micro Center customer and saw this rumour, you might be wondering if it’s true.
The good news is that the rumour is false! Micro Center’s stores are not closing their doors. The company did not file for bankruptcy, and nobody was buying it out (including Best Buy). The company planned on opening two new stores in 2020, one in Dallas, Texas, and one in Orlando, Florida.
What Sparked This Conversation
It all began as a report from a social media user named Dan Thomas who claimed that he overheard some businessmen talking about the company going under while he was at a restaurant. He then took to social media to share what he heard with his followers, which caused many rumours to start spreading online about the company’s supposed demise. Because of this “news,” some social media users even decided to boycott the store by no longer shopping there or purchasing any of its products until they received an explanation regarding its plans after seeing these claims being made online.
According to reports, Micro Center planned to cut its store count by nearly half. This means that approximately 50 stores, roughly 40% of the chain’s total, will close down for good.
Micro Center carries a wide range of PC parts, including computers and computer components, peripheral devices, gaming systems, TVs, and other home theatre electronics. The company also offers repair services for these types of products as well as cell phone repair services. The stores that will be closed have not been announced yet; however, the chain has roughly 120 stores in the United States. Micro Center is closing stores to focus on the most profitable locations and to improve efficiency.
About Micro Center’s Poor Ratings
Based on thousands on customer reviews, Micro Center have a very poor rating on several review websites online, amongst which are Trust Pilot and Reseller Ratings. Based on our observations, the reviews are mostly attributed to their poor aftersales support and their lack of presence online.
While it seems like Micro Center isn’t doing great as a company (based on their share prices), customers still seem happy with the in-store experience. Unfortunately though, they have no plans to open more stores or expand outside the United States. Micro Center is currently not out of business and trust me, they are still the best walk-in option if you want to get electronic gadgets at the best prices in the United States.