Already ailing Fry's Electronics is closing for good, citing COVID-19 – Daily News
Fry's Electronics, the go-to chain for tech tinkerers looking for an obscure part, is closing for good.
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Fry's Electronics, the go-to chain for tech tinkerers looking for an obscure part, is closing for good.
After nearly 36 years in business as the one-stop-shop and online resource for high-tech professionals across nine states and 31 stores, Fry’s Electronics, Inc. (“Fry’s” or “Company”), has made the difficult decision to shut down its operations and close its business permanently as a result of changes in the retail industry and the challenges posed by the Covid-19 pandemic. The Company will implement the shut down through an orderly wind down process that it believes will be in the best interests of the Company, its creditors, and other stakeholders. The Company ceased regular ope...
The full statement from the company below. “After nearly 36 years in business as the one-stop-shop and online resource for high-tech professionals across nine states and 31 stores, Fry’s Electronics, Inc. (“Fry’s” or “Company”), has made the difficult decision to shut down its operations and close its business permanently as a result of changes in the retail industry and the challenges posed by the COVID-19 pandemic. The Company will implement the shut down through an orderly wind down process that it believes will be in the best interests of the Company, its creditors, and othe...
Fryâs Electronics, a big box retail icon of the California suburbs, has confirmed that, all of the brandâs remaining stores have âceased regular operationsâ as of last night. The storesâknown as much for elaborate, themed decor as for the computer and tech equipment they sold alongside an eclectic mix of âas seen on TVâ-type goodsâhad struggled for years. But it was the pandemic, the company says, that ultimately sealed Fryâsâ fate. âAfter nearly 36 years in business as the one-stop-shop and online resource for high-tech professionals acr...
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