Gateway to Close Stores

Gateway, Inc. said last week that it will close 188 retail stores this Friday. In other news, the company eliminated T. Scott Edwards’s position of executive VP-consumer, and said he would leave the company in four weeks.

Edwards is one of six Gateway executives whose position was eliminated as a result of Gateway’s acquisition of eMachines, Inc.

Edwards’s duties will be distributed to other executives, including Brad Shaw, who will serve on an interim basis as senior VP-marketing, Gateway spokesperson Bob Sherban said.

The company plans to continue direct sales of its products through its Gateway.com Web site and 1-800-Gateway.