04.92.2004 - Gateway To Close All Retail Stores

Gateway Inc. on Thursday said it would close its remaining 188 stores and eliminate about 2,500 retail jobs, or 38 percent of its workforce, ending a controversial chapter for the struggling computer and consumer electronics maker. With the store closings, due by April 9, a Gateway spokesman said it will redouble its efforts to build a broader retail distribution network for its PCs, flat-panel TVs, digital cameras and other consumer electronics products. - View Press Release - Visit Gateway, Inc. - Source: Yahoo! Finance