Fry’s Electronics suddenly went out of order

The company, which has 31 stores in nine U.S. states, said in a statement on its website that it had “made the difficult decision to cease operations and close its business permanently” due to changing consumer shopping habits and the ongoing Covid -19 pandemic. .

The private company, based in San Jose, California, was a family business. It was founded in 1985 by the three Fry brothers with the goal of being a “retail electronics store to provide a one-stop shopping environment for the Hi-Tech Professional.”

“It is hoped that this orderly process will reduce costs, avoid additional burdens, reduce the impact on our customers, sellers, landlords and associates, and increase the value of the company’s assets to its creditors and other stakeholders. maximize, ‘Fry’s is explained on his website.

Other details about its sudden disappearance were scarce.

Many of the retail venues had crazy themes. For example, the Burbank location was inspired by science fiction movies from the 1950s and has a UFO decoration that crashed through the outside of the store. The place in Phoenix, Arizona, had an ancient Aztec temple and the store in Houston, Texas, was inspired by the oil history of the state.

The retailer did not innovate its online operations so quickly compared to its larger competitors. Best buy (BBY)for example, recently reported its best quarter in 25 years as home-based customers upload laptops, home theater systems and kitchen appliances.

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