This place is on its last legs, no doubt. There have been so many store closures and at my location it looks threadbare, yet we manage to hang on by the skin of our teeth. I don’t know whether I should feel sorry for us, or if we should pat ourselves on the back for hanging on as long as we are.
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Its going to happen to all stores eventually. They purposefully went to consignment model for just this purpose, so when they sell the property all product inside the store isnt a loss and csn be simply transferred to the neighboring store, or given back to the vendor no loss.
Even once very profitable stores ate being looked at by potential buyers to include the home office. This means they have no intention of fixing this. To the Frys brothers its just a matter of timing it for the sale. Im confident several stores (property) are already in agreement to be sold, just timed out so that they can complete the agreement with several stores at once so they dont panic everyone too early.
Everything is being money pinched in the meantime to maximize profit and minimize $$ loss until closeout.
The funny thing is when they shut a store down, there is no notice to the employees they claim to care for. Ken Lutz simply shows up, padlocks the door so to speak, and sends the staff of two dozen or so employees to another neighboring store. They did this in Georgia, in Sacramento, in SoCal, and now in Campbell. Wonder when they will start this in Texas because they seem to target their multi-store markets first. In this manner, they can still claim that they have never laid off employees, since they can just go work at a close-by store. Eight years ago each store had about 250 employees, three years ago that number was easily cut in half, nowadays its down to 25 or less per location. Fry's isn't coming back, start posting your resumes on Monster and Indeed, otherwise OP, you might show up to work one day and find Ken waiting with a padlock.