Thread regarding Fry's Electronics layoffs

Real Reasons for Good Shortage at Fry's

There's been a rumor for awhile that the personal bankruptcy of one of the Fry brothers has dragged the company into a situation that affected their credit line. That is supposedly one of the real reasons they haven't been able to acquire new product.

Given what I see not only at the Concord store but at every one I've been to here in the Bay, I must conclude that they are toast. Fremont, Sunnyvale, Las Vegas...all the same and everyone working there seems well coached to tell us the Great Pumpkin will soon return to save us all from Best Buy and Amazon. I wouldn't hold my breath.

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Post ID: @OP+12sdXU1r

4 replies (most recent on top)

anyone remember SILO?

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Post ID: @Cyrj+12sdXU1r

yeah, the issue is intermingling of Fry family money and their personal money problems. Stores were fine, favorable leases, billions in sales and ok margins... follow the moneymand the op's rumor

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Post ID: @omsm+12sdXU1r

Never write off the Fry family

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Post ID: @8cvt+12sdXU1r

They are obviously done but keep in mind that buying any high-ticket item is likely going to be an "all sales final" situation.

You will obviously have a manufacturer's warranty but be advised: Fry's Electronics is soon to be a goner.

And please, don't buy any nonsense extended warranty provided by Fry's if they even still do that. Extended warranties provided by retailers are a money grab scam anyway.

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Post ID: @hzv+12sdXU1r

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