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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 closing down permanently | Orange County Breeze


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 operations and began the wind-down process on February 24, 2021. It is hoped that undertaking the wind-down through this orderly process will reduce costs, avoid additional liabilities, minimize the impact on our customers, vendors, landlords and associates, and maximize the value of the Company’s assets for its creditors and other stakeholders. ....

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SCVNews.com | Fry's Electronics Closing All Its Stores


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 other stakeholders.
“The Company ceased regular operations and began the wind-down process on February 24, 2021. It is hoped that undertaking the wind-down through this orderly process will reduce costs, avoid additional liabilities, minimize the impact on our customers, vendors, landlords and associates, and maximize the value of the Company’s assets for its creditors and other stakeh ....

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Fry's Electronics Has Permanently Closed All Stores


Fry’s Electronics, a big box retail icon of the California suburbs, has confirmed that, all of the brand’s remaining stores have “ceased regular operations” as of last night. The stores–known as much for elaborate, themed decor as for the computer and tech equipment they sold alongside an eclectic mix of “as seen on TV”-type goods–had struggled for years. But it was the pandemic, the company says, that ultimately sealed Fry’s’ fate.
“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. 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,” an official statement from the company says. ....

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