[sf-lug] Fry's now *permanently* shutting down

aaronco36 aaronco36 at SDF.ORG
Wed Feb 24 07:58:26 PST 2021


Quoting the top section of today's http://frys.com/ :
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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 Companys assets for its creditors and other 
stakeholders.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

I know folks here have relied upon Fry's in the recent past for our 
computer and electronics supplies, even up to the current state of the 
COVID-19 pandemic :-(

-Aaron


aaronco36 at sdf.org



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