Frys Electronics Going Out Of Business. It seems like another sign of the retail apocalypse. Is Fry's Electronics going out of business?
Fry's Electronics stores look like they're heading for liquidation, but the retailer, which operates eight stores in Texas, says its stores will be restocked. No plans to close any other stores." In today's market there's no way an electronics store that big that takes up so much real estate is going to survive. I went to Fry's a couple of weeks ago with a friend to look at PC cases and we both thought the same thing.
Several weeks ago Fry's Electronics announced that they were closing the Palo Alto store after the holidays.
Their stores were filled with a ton of crap that didn't sell.
That place has been going out of business in slow motion for a decade. Amazing management, very positive work environment, you can get on your phone anytime you want. very laid back low stress. With Fry's Electronics announcing the closing of its Palo Alto store after the holidays and all their stores experiencing low levels of inventory, many people have speculated that they will go out of business.