FRIDAY, NOVEMBER 16: Nine people will lose their jobs Computer City is going out of business.

Store owner Craig Clark said the recession was to blame.

He said in a press release: “We regret to inform our loyal customers, suppliers and partners that due to the unprecedented economic conditions in Bermuda today, we are left with no choice but to close down the business.

“While the company has been the recipient of 15 awards during the 12 years it has been in business, declining sales have left the shareholders of the company no option but to close the business.”

Mr Clark said eight Bermudians and one non‐Bermudian will lose their jobs.

He said: “All employees will receive severance packages beyond legal requirements.”

The store will be closed on Monday, November 19 for stocktaking. On Tuesday November 20 it will start a going‐out‐of‐business sale, and will continue until all stock is sold.  All store fittings and furniture will also be available for sale.

Mr Clark said said no computers will be accepted for repair ano special orders will be placed.

Computers brought in for repair and left for more than 21 days will be sold to defray costs.