Fry’s Electronics confirmed that its remaining 31 stores scattered across 19 states are being closed for good.
In a note on its website, Fry’s Electronics confirmed that its remaining 31 stores scattered across 19 states are being closed for good. The company cites two primary causes for ending operations: the ongoing COVID-19 pandemic and „changes in the retail industry.“ Fry’s Electronics goes on to say that it „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.“ But what about the company’s loyal customers? Fry’s Electronics says that the „wind-down“ phase for ending its operations started today, and that it is currently contacting „customers with repairs and consignment vendors“ to inform them of the company’s next steps.
