Thread regarding Fry's Electronics layoffs

Fry's in Renton, WA

I went to the Renton, WA store last Monday (Dec, 9) and was SHOCKED at how empty the shelves were. Not 1 single hard drive, Literally 4 monitors on display, the entire Bose display is gone a sign that said they were 100% out of motherboards. I commented to one of the sales guys about how empty it was and he told me that "They sold everything on Black Friday"........ Dude you need to come up with a better story than that.
I read a story about the empty shelves dated at the end of October. I cant imagine that they can go on much longer than this.

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Post ID: @OP+12tZPpoS

8 replies (most recent on top)

Was just at the Renton store yesterday (Feb 16, 2020). Even less inventory than reported. Entire multi-row sections with nothing in them. Only saw two employees, but I did find the optical audio cable I was looking for, miraculously.

Cashier said they weren't closing and we're awaiting restocking. Given they've been saying that for 6 months, highly unlikely. Too bad.

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Post ID: @15exi+12tZPpoS

@12tZPpoS-7ewg Fry's terms with their vendors has never been 30 days. their vendors were probably lucky if they paid within 60 days. and if you read some of these threads you will find that some reported that Fry's took as much as a year to pay and some vendors stopped delivering until paid something. One even reported taking them to collections recently. It's no wonder that most of their vendors abandoned ship. When you are a small company you can't wait a year to get paid as your own vendors will not wait that long.

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Post ID: @8nap+12tZPpoS

I think they own most of the property the Fry's locations are built on, so theoretically they can stay open as long as they want I guess. Unless they just stop paying utilities they might not have any reason to close, probably makes for a nice place to dump all your corporate losses and cut your taxes to 0 (or less)

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Post ID: @7tab+12tZPpoS

There's really only one good reason for this. Most retail businesses order goods and then pay within 30 days or so. If you don't pay, you'll never be able to order goods again (never mind being sued for the money.) They must not have been paying for stuff, and once word gets around about that, you are toast.

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Post ID: @7ewg+12tZPpoS

Just left San Marcos, CA store. Empty shelves. Same story. I was going to buy my kid a gift card but left. He will cat the cash instead.

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Post ID: @6nbr+12tZPpoS

Well it's 12-15-2019 and the Fry's in Renton is still open.

They have two AMD AM4 processors in stock and one MSI z390 motherboard to choose from.

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Post ID: @3wjh+12tZPpoS

I was a semi-regular customer to the Renton location. I noticed the inventory starting to become spotty around June or so. At the time when I visited, I believe there was a couple aisle that were empty but could be mistaken as reorganizing.

But by the time August came around when I came back, it was obvious that it was really inventory issues rather than simply rearranging products, displays, etc. By September, the place was definitely running low on products.

So it's funny that the employee would say "everything sold on Black Friday." Can't blame store employees getting tired of the same exact question, though, and come up with something "smart" to say.

I dropped by Fry's on Black Friday just for sh!ts and giggles. It was just as bad as it was — probably worse — on Black Friday in terms of inventory. There's no reason to go to Fry's Electronics unless you just want to see the place again before they shut down for good. The café doesn't even serve anything anymore since the only person manning it quit probably due to lack of hours. 🤷🏻‍♂️

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Post ID: @3nvk+12tZPpoS

Plano, Texas is the same. Maybe half a dozen employees, many empty aisles. Very few goods on the floor.

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Post ID: @2xrg+12tZPpoS

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