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How Fry's Electronics Pivoted From Tech To High-Interest Consumer Loans

The beloved but bygone retailer has found new life in the financial world as First Electronic Bank.

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'It was a geek paradise': Remembering the quirky appeal of Fry's Electronics


'It was a geek paradise': Remembering the quirky appeal of Fry's Electronics
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1of2FILE- In this Oct. 21, 2009 file photo, a small crowd begins to gather outside a Fry's Electronics store in Renton, Wash. The electronics chain is permanently closing, citing the struggles it faced as a retailer during the coronavirus pandemic. The company, which was in business for 36 years, had 31 stores in nine states. Fry’s Electronics Inc. said it stopped regular operations and began the wind-down process of its business on Wednesday, Feb. 24, 2021. (AP Photo/Ted S. Warren, File)Ted S. Warren / Associated PressShow MoreShow Less
The long suspected and finally confirmed permanent closure of Fry’s Electronics on Wednesday loosed a torrent of nostalgia from tech types who recalled frequenting the quirky themed stores during their heyday, before the one-two punch of the internet and the pandemic knocked the business off the pedestal of retail geekdom.

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Fry's Electronics Closing in San Diego and San Marcos – NBC 7 San Diego


The note said the company was closing operations permanently “as a result of changes in the retail industry and the challenges posed by the COVID-19 pandemic.”
Fry’s Electronics said the company had ceased regular operation on Feb. 24 so it could begin its “wind-down process.” Any customer who have equipment being currently repaired were told to email customerservice@frys.com to arrange the return of their equipment.
According to Google Maps, the locations in San Diego and San Marcos had implemented COVID-19 safety measures up until their closures, which included the use of face masks by all customers and staff and safety dividers at checkout. Curbside pickup – a staple of retail during the pandemic – was also listed as a service at the local retail stores.

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Bay Briefing: 'We can't stay silent anymore'


Bay Briefing: 'We can't stay silent anymore'
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Members of a volunteer patrol walk through Chinatown in San Francisco.Lea Suzuki / The Chronicle
Good morning, Bay Area. It’s Thursday, Feb. 25, and three counties are cutting off vaccine supply to a concierge medical service accused of letting people skip the line. Here’s what you need to know to start your day.
‘This is a level I haven’t seen in my lifetime’
Wylie Wong, a writer in San Jose, encountered a man repeatedly singing racist comments in front of him while he was shopping. Filipino nurse Kyle Navarro said a man spat in his direction and yelled a racial slur when he was locking up his bike outside a San Francisco post office. Judy Lee, who works for the city of San Francisco, was called a racist slur as she left a grocery store.

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Fry's Electronics Closing Sees Customers Share Photos of Their Favorite Stores


Fry's Electronics Closing Sees Customers Share Photos of Their Favorite Stores
On 2/24/21 at 4:28 AM EST
Fry's Electronics fans remember their favorite themed stores following news that the company is going out of business. KRON4 has reported that Fry's Electronics will be closing its stores nationwide.
Fry's Electronics has 14 stores in California, eight in Texas, and two in Arizona, while Georgia, Illinois, Indiana, Nevada, Oregon, and Washington each have one store.
California's Campbell store closed in November 2020, which prompted speculation over the future of the chain, following the closure of stores in Anaheim and Palo Alto earlier. In recent months, customers have reported seeing bare shelves in-store, after Fry's moved to a consignment model.

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Fry's Electronics to permanently close all stores


Fry's Electronics to permanently close all stores
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The door of the Fry's Electronics store in Palo Alto is covered on Jan. 1, 2020.Audrey DeBruine / San Francisco Chronicle
Bay Area home electronics retailer Fry’s Electronics is permanently closing all of its stores across the country, according to news reports.
News of the electronics retailer’s nationwide closing was first reported by KRON. The retailer was not commenting on the report. KRON said it learned the retailer will announce the closure on Wednesday morning.
The company’s Twitter account was locked on Tuesday night, and it’s Facebook account was not available.

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Fry's Electronics closing all stores, reports say

Fry's Electronics, the go-to chain for tech tinkerers looking for an obscure part, is permanently closing its doors nationwide, including several stores in Southern California.

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