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Fry's Electronics Permanently Closing All Remaining Stores

As of February 24, 2021, Fry’s Electronics began officially winding down operations and closed their e-commerce business. Their locations were known for excessive levels of sci-fi detail, the most notorious being an Aztec themed location in Arizona and a NASA themed location in Houston. 

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At Frys.com, the brand stated:

“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.”

Founded in 1985, Fry’s has been primarily focused on business along the West Coast and in California.

While the brand has locked their social media accounts as employees and customers both question what the future of the physical locations and layoffs will look like, the brand has said that ”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.”

 

While this isn’t much detail on what the closure actually looks like, the brand has noted that anyone with a repair will be contacted by a business representative. If you need additional help, you can email the brand at customerservice@frys.com or call (800) 811-1745.

 

Are you one of the unlucky shopping centers to house a Fry’s? While the exact closure timeline is unknown for the brand, it is time to start looking for someone to fill this space. Let Retailsphere help you identify and reach out to expanding retailers who are interested in spaces in your area. Sign up for a no-obligation demo today and see how simple your tenant search can be.

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Tags: Store Closure, Bankruptcy

Written by Barton Strawn