Slickdeals is community-supported.  We may get paid by brands for deals, including promoted items.
expired Posted by lighterwallet • Feb 24, 2021
expired Posted by lighterwallet • Feb 24, 2021

Frys SUDDENLY out of business. Sad day! Appears they did not adapt to the online model like Best Buy

42 Comments 5,543 Views
Visit Retailer
Good Deal
Save
Share
Deal Details
Quote from their website as of today - Feb 24, 2021:

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.


The Company is in the process of reaching out to its customers with repairs and consignment vendors to help them understand what this will mean for them and the proposed next steps.


If you have questions, please contact us using the following email addresses:


For customers who have equipment currently being repaired, please email [email protected], to arrange for return of your equipment.

For customers with items needing repair under a Performance Service Contract, please call (800) 811-1745.

For consignment vendors needing to pick up their consignment inventory at Fry's locations, please email [email protected].


Please understand if we are a bit slow to respond given the large volume of questions. The Company appreciates your patience and support through this process.


Sincerely,


Fry's Electronics


Story links:
https://www.cnn.com/2021/02/24/bu...index.html

https://arstechnica.com/informati...oon-close/

https://www.theverge.com/circuitb...f-business

https://www.pcmag.com/news/frys-e...f-business
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Quote from their website as of today - Feb 24, 2021:

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.


The Company is in the process of reaching out to its customers with repairs and consignment vendors to help them understand what this will mean for them and the proposed next steps.


If you have questions, please contact us using the following email addresses:


For customers who have equipment currently being repaired, please email [email protected], to arrange for return of your equipment.

For customers with items needing repair under a Performance Service Contract, please call (800) 811-1745.

For consignment vendors needing to pick up their consignment inventory at Fry's locations, please email [email protected].


Please understand if we are a bit slow to respond given the large volume of questions. The Company appreciates your patience and support through this process.


Sincerely,


Fry's Electronics


Story links:
https://www.cnn.com/2021/02/24/bu...index.html

https://arstechnica.com/informati...oon-close/

https://www.theverge.com/circuitb...f-business

https://www.pcmag.com/news/frys-e...f-business

Community Voting

Deal Score
+8
Good Deal
Visit Retailer

Leave a Comment

Unregistered (You)

42 Comments

Sign up for a Slickdeals account to remove this ad.

Pro
Feb 25, 2021
12,671 Posts
Joined Oct 2007
Feb 25, 2021
arribasn
Pro
Feb 25, 2021
12,671 Posts
Here I am left holding a couple gift cards too....
Feb 25, 2021
323 Posts
Joined Aug 2011
Feb 25, 2021
Lutter
Feb 25, 2021
323 Posts
It was so awful to see their slow death at the Austin store.

I used to go there all the time for Blu-rays 10 years ago but then the giant selection shrunk..... and shrunk.... and shrunnnnk. From about 10 aisles to maybe 1 and a half with inflated prices most of the time and you never knew if they would get a new release. I would occasionally pop in for a cable here and there and their PC section just stagnated to the point that they just had old unwanted product.

RIP to the old Fry's but I can't see how anyone with a Fry's locally did not see this coming. The store in Austin was about 1/3 full and I don't even know the last time I saw the cafe open or someone at the door checking receipts.
Feb 25, 2021
495 Posts
Joined May 2018
Feb 25, 2021
IndigoRoom383
Feb 25, 2021
495 Posts
Any other stores like Micro Center?If you want a huge assortment of computer supplies, this is one of the only stores you can find.
Feb 25, 2021
360 Posts
Joined Sep 2010
Feb 25, 2021
adarkstar
Feb 25, 2021
360 Posts
well Frys lasted 9 years longer then CompUSA. I do miss Frys weekly 4 page color ad , more exciting then Slickdeals front page.
Feb 25, 2021
3,180 Posts
Joined Sep 2019
Feb 25, 2021
rios7
Feb 25, 2021
3,180 Posts
oh how we hardly knew ye
Feb 25, 2021
67 Posts
Joined Nov 2017
Feb 25, 2021
GanM
Feb 25, 2021
67 Posts
I have a $100 Frys Electronics gift card that I got 7 years ago. When are they closing the stores? I can try using it if the stores are open for sometime.
Feb 25, 2021
360 Posts
Joined Sep 2010
Feb 25, 2021
adarkstar
Feb 25, 2021
360 Posts
Quote from GanM :
I have a $100 Frys Electronics gift card that I got 7 years ago. When are they closing the stores? I can try using it if the stores are open for sometime.
Sorry Charlie

Sign up for a Slickdeals account to remove this ad.

Feb 25, 2021
8,343 Posts
Joined Dec 2009
Feb 25, 2021
Ashvins
Feb 25, 2021
8,343 Posts
I genuinely would have laid down money that they weren't going to make it past New Years before last.
Feb 25, 2021
854 Posts
Joined Sep 2011
Feb 25, 2021
GaGaGeGe
Feb 25, 2021
854 Posts
I just noticed this today that Frys electronics is closing business permanently across the nation when I visited Fry.com just now.

It's so sad to see this happening, I got so many awesome deals from them. Hardly anyone can beat their prices when it comes to AV stuff.
Feb 25, 2021
1,421 Posts
Joined Nov 2005
Feb 25, 2021
namx
Feb 25, 2021
1,421 Posts
Quote from bjim :
This is what happens when you go the the Brick & Mortar store to see the product and then go home and buy it online. If you want to have a place to see the item in person then SUPPORT YOUR LOCAL BRICK AND MORTAR STORES!!! And for all the haters out there I've been guilty of the above before.
I would have supported Fry's if they had supported me. Every time I go there, it was a struggle to get someone to help. I would get passed from one salesperson to another. They would just stand around and chat with each other. Not sure how they really earn money if they work on commission as another poster stated in this thread. Ordering for online pick up? Every single time I ordered, they would call to tell me they don't have it in stock or the one they have is an open box. Perhaps others have had better experiences.
Feb 25, 2021
2,936 Posts
Joined Oct 2007
Feb 25, 2021
KingUltra
Feb 25, 2021
2,936 Posts
They should have just become an Amazon return center , then just turn around and restock their shelfs with the products and sell them as new or certified inspected. I mean, they were doing that with returns anyways...
Feb 25, 2021
2,936 Posts
Joined Oct 2007
Feb 25, 2021
KingUltra
Feb 25, 2021
2,936 Posts
Sorry, Double Post.
Feb 25, 2021
4,397 Posts
Joined Dec 2005
Feb 25, 2021
Superocean
Feb 25, 2021
4,397 Posts
I used to love the Free After Rebate stuff. I still have boxes full of free stuff I got that that I am not using yet. Ipad cases, video editing software, antivirus, usb bluetooth dongles lol and tons of 120mm fans.

They screwed up with the black friday sales where you had to go in after you purchased online but they didn't have the items left. Total inept management.

Was it newegg or Frys execs that took illegal bribes and kickbacks?

If you have gift cards , you should have used them up last year.
Feb 25, 2021
4,835 Posts
Joined Jul 2003
Feb 25, 2021
jjmai
Feb 25, 2021
4,835 Posts
This Wired article captures the sentiments well:
https://www.wired.com/story/so-long-frys/

Sign up for a Slickdeals account to remove this ad.

Feb 25, 2021
67 Posts
Joined Nov 2017
Feb 25, 2021
GanM
Feb 25, 2021
67 Posts
Quote from adarkstar :
Sorry Charlie
Oh boy, thats a big $100 just disappeared from the face of the earth? I have a whole bunch of other gift cards too. I will have to use them as soon as possible. Never know.

Leave a Comment

Unregistered (You)

Related Searches

Popular Deals

View All

Trending Deals

View All