Fry's Electronics calls it quits after nearly 36 years in business
Recap: Fry'southward first opened its doors in 1985 and most recently operated more than than ii dozen stores, many of which were located in California and Texas. Each location had a unique theme; for case, the store in Phoenix was modeled later an Aztec temple while the Austin store was built with alive music in mind.
Fry's Electronics, once considered past many to exist the holy grail of electronics stores, is calling information technology quits.
A message posted on the company's website notes that after nearly 36 years in business organization, they've made the difficult conclusion to close down operations and close the business organization permanently due to changes in the retail industry and challenges posed past the ongoing pandemic.
Fry's said it ceased regular operations and started an "orderly wind downwards process" on February 24, which it believes will exist in the all-time interest of the visitor, creditors and other stakeholders.
It'due south been tough sledding for electronics retailers ever since the advent of online shopping. Chains like Best Buy have managed to survive and fifty-fifty thrive at times, just others including CompUSA and Radio Shack weren't then fortunate.
Fry's didn't say what would happen to its existing inventory but a fire sale seems unlikely considering store employees have reportedly been laid off.
Images courtesy Sundry Photography, Kit Leong
Source: https://www.techspot.com/news/88733-fry-electronics-calls-quits-after-nearly-36-years.html
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