Looks like local business paper jumped the gun: http://www.sfvbj.com/news/2020/feb/25/developer-plans-project-former-frys-electronics-si/
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Yup. And that store is still listed on the Fry's website. But if the contents are true, then the store will be closing at some point in the future.
The article has been revised and removed any past tense also not saying former any more