Thread regarding Fry's Electronics layoffs

Fry's has to close in 2019.

With the constant 20% off coupons, and bare shelves, Fry's has to be circling the drain. The number of computer and monitors has been decreased so much, that one can only wonder why. Their creditors must not be extending them credit. Maybe all of their sales now are purely a cash grab.

I really wish I was wrong about this, but the writing has to be on the walls.

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Post ID: @OP+YbiPZw8

686 replies (most recent on top)

It's pretty sad. So many fond memories of getting excited as a child, going to Fry's with my older brother, and picking out a graphics card or other PC components. I went to a location in Austin about a year ago with my then girlfriend and it was the same way - pretty empty. Stock was about 50% I guess. I was looking for a specific BenQ monitor (144hz, 27") that had just been discontinued, but is an amazing model. The last one they had was display - got it for a discount. Anyway, the guy selling to us was REALLY trying to sell us hard, and I asked plainly if he was on commission. He said yes. There were about 5 employees in the PC area, which had little inventory. They were kinda just hanging out talking; can't blame them. Anyway I had a great conversation with this older guy, and it turns out he actually was a pretty big shot photographer who had photographed and known a number of celebrities personally - up to Michael frickin' Jackson! The guy said he had moved back to TX to be home more often for his very sick wife, and took the Fry's job since work at a photographer was hard to come by for some reason. When we left we both thought the guy was just talking himself up to act cool, why else would he be working there? Turns out he actually did just LOVE Fry's, as he had bought a ton of stuff there for photography over the years. I saw his website with photos of a lot of famous musicians and whatnot. It was just really cool and I'm glad he got a big sale that day. That is why I always loved Fry's - great conversations with employees. They really go out of their way to help you and it's fun to nerd out when your usual people aren't into tech.

I was also kind of wondering if this is just the Amazon effect. You can buy everything from there now, and there isn't a good reason to shop elsewhere unless you want to help a local business. Their return policy is amazing and prices fluctuate like anyone else. Also surprised Newegg has managed to stay afloat despite Amazon's seemingly global dominance. I haven't seen many Microcenter stores in TX, but I hear they're basically the same store as a Fry's. Just sad to see it like this - I like actually going into a store from time to time as so much of everything has turned digital.

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Post ID: @6Xztc+YbiPZw8

I have a relative who worked there last year, he said that they were gonna start closing our local store around December. Has to be true, why else would they just completely not stock the shelves and also get rid of the displays too? There are no TV's, no computers, no apple computers. All that's left is just the stuff that nobody really needs. The employee I asked said they just haven't been able to restock because of the pandemic. I explained that other electronic stores aren't having that problem they restock just fine. So I think they are making a silent exit in some of their stores. Probably don't want to scare the investors.

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Post ID: @6Qcwg+YbiPZw8

Sacramento store is bare although they do have some nice Gamdias items. I did buy a case and a couple of AIO coolers for a good price. Hate to see this happen to such a great electronics retailer. Hard to find anything retail if they close. I hate online ordering as it takes too long. Fry's has always internet price matched so that isn't the issue, just bad management. Will definitely be a loss to IT pro's as well as myself, always bought all my electronics there. Guess I'll just have to "hope" any online purchases are decent, you never know what your getting until it arrives and then you have nothing to compare it with. Bummer.

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Post ID: @6vcys+YbiPZw8

Yes it does. Thank you for asking.

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Post ID: @6tkwy+YbiPZw8

Customers are coming in criticizing the store . Complete lack of feeling or consideration. Does it make you feel better about yourself?

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Post ID: @6faxg+YbiPZw8

Please don't turn this into your personal platform to preach the Gospel It's not the right place for it and frankly, no one cares to hear it. It is a forum about Fry's, not about the coronavirus and God's word. Let's please just stick with the main topic.
Thank you.

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Post ID: @5Rbwn+YbiPZw8

Pessimistic Customers said that it was “Scary “ to see empty shelves at frys . What’s scarier? Frys empty shelves or Corona Virus? Because now I’m witnessing everyone panic over this “Deadly Destructive Pestilence. “You will see it with your own eyes , as you witness the punishment of the wicked .” Psalm 91:8 I hope this is a lesson for the wicked to change to mild -tempered . Because God opposes the haughty ones , but gives undeserved kindness to the humble ones .

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Post ID: @5Rbjd+YbiPZw8

If you are a vendor and they owe you from 2018 take them to collections you will lose a % of the money but at least you will get the bulk of it, we did though before the consignment thing. Currently what they are doing is extortion as to get paid you have to signup for their stupid consignment model. When they contacted us, we told them we weren't interested in doing consignment they basically said so you don't want to be paid the money you are owed. We kept telling them they didn't owe us anything anymore. but they kept insisting if we wanted to get paid we had to switch to consignment. Yes it was a hit on our sales but rather not have the sales from a pain in the arse company.

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Post ID: @5Oacs+YbiPZw8

I’m a vendor for Fry’s and they owe my company money for orders they’ve made from 2018!! They’re a conniving, disgusting company to do any type of business with.

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Post ID: @5Odqs+YbiPZw8

Fry's Burbank has ONE cpu in stock, a low end Ryzen.
ZERO motherboard of any kind.
DDR2 and 3 RAM. A couple of DDR4 that are not priced competitively at all.
ZERO video cads
ZERO prebuilt desktops
3 monitors that are all OPEN BOX

Stick a fork in Fry's Burbank... it's done.

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Post ID: @5Jdtk+YbiPZw8

Its not a global crisis. Many companies are thriving if they moved with the times and found ways to bring in more shoppers and/or introduced deliveries and/or jumped on board the online sales to gain back that revenue normally lost to others on online sales.

Many companies had clueless CEOs raking in millions doing nothing and...doing nothing innovative landed them where they are today. Frys programs run off of XP, for example. When they were making billions they put no money back into their stores. This is an inevitable result of not running your business correctly.

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Post ID: @5Bqsh+YbiPZw8

GLOBAL CRISIS ❗️❗️❗️❗️WORLDWIDE COMPANIES , OWNERS LOSING TRILLIONS ! ITS NOT JUST FRYS ITS EVERYONE!

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Post ID: @5Agvg+YbiPZw8

None of the Fry's stores are doing well. They are all lacking merchandise and customers. It's obvious that they are all going to close regardless of the feedback you get from corporate. There is an old expression that holds true...don't pee on my head and tell me it's raining.

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Post ID: @5xzle+YbiPZw8

No, Fry's is not experiencing a "shortage of product" because of Coronavirus, as someone has posted. The empty shelves have been there for nearly a year, long before the virus. A handful of months ago, we were told that the cause was the trade war with China. There will always be some new excuse. – That said, I certainly want to hear of some specific Fry's locations that are restocking and thriving. None of us electronics shoppers want Fry's to close, for goodness' sake. Can anyone confirm a Fry's store that is functioning well?

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Post ID: @5xygr+YbiPZw8

Fry's announced that the Woodland Hills store is closing too. Fry's publicly commented that ONLY the Palo Alto store would be closing. Since they said that, three stores are going or have gone down the drain.

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Post ID: @5wupq+YbiPZw8

Fry's also announced that the Anaheim store will be closing on March 2nd. There's nothing left to say...

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Post ID: @5wlyt+YbiPZw8

Seen on Fry's Facebook page: "To all our valued customers: our Anaheim store will close permanently on March 2nd, 2020. It has been a pleasure serving you at this location for many years, and we stand ready to provide all your electronic needs at Frys.com or at one of our many other store locations in Southern California."

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Post ID: @5wxkc+YbiPZw8

There is a “shortage in product” because the factories in China are shut down. Due to the “Destructive Pestilence.” Corona Virus. It’s in all 4 corners of the world .Frys is not the only company not getting product. Many businesses are being affected . People are losing millions . Good luck .

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Post ID: @5wapy+YbiPZw8

Walked into their San Jose store today and only a few TVs, like three refurbished dells, a (as in, single) motherboard and zero (0) CPUs. PC cases limted to 5XL "gaming server" sized things, but no regular server racks. No Rpis, no Ardunios, no Atmels or similar. Lots of stationary, perfume, and "gaming" bath soap but not much else. Even the "gaming" desks and chairs were all sold.

As for the employees, all the PC repair staff quit so no PC repairs period. No car or home installations either. No sales people, nobody to talk to except a bored cashier and the mangaer himself who checked recpeits at the exit.

It's over.

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Post ID: @5udjb+YbiPZw8

Went to the Fry's in South Houston TX and it was sad. There were people yelling in the aisles asking if anyone worked there trying to get help. They did not have 1 computer or monitor for sale. They had about 4 TV's on display. There were no motherboards or other PC components. All of the audio component displays were empty. There was 1 checkout register open. I would guess they had about 40% of their normal inventory left.

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Post ID: @5twpw+YbiPZw8

“It's President's day 2020 and Fry's still OPEN and on SALE!!!“

The only thing on sale is its land and buildings.

Prologis will most likely own it all within the year or shortly after.

Do your research. I did.

Frys electronics on are you going out of business. “Not at all!

Frys electronics on Prologis looking at its headquarters and asking the city of San Jose if it can change its zoning for that land. “No comment” Prologis answer. “No comment.”

Sure isnt a “Not at all” reply there.

Prologis already bough the Anaheim land which Frys was leasing from someone else. Thats not the only one being looked at as well.

The stores are a negative gain, even going on well over 9 months of consignment attempts. The only logical business decision is to sell the land and dissolve the company.

Unless you think the Frys brothers care about the workers vs. personal profits. Lets ask the 80% of employees cut already at one time that question to see what they think.

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Post ID: @5tiyr+YbiPZw8

Or we can all SUE FOR EMOTIONAL STRESS! Because we sales associates shouldn’t be assaulted everyday . Enough is enough. We are coming after JOHN FRY. Take action NOW OR DEAL WITH WHATS COMING.. dealt with enough VERBAL ABUSE!

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Post ID: @5srmw+YbiPZw8

On this thread we've seen a LOT of first hand reports of Fry's stores with empty shelves and demoralized employees. But we've also seen some posts that claim "It's coming back!"

Request: Can we have some solid reports of specific Fry's stores that appear to be thriving or recovering? Include your criteria: What does the CPU/motherboard/memory area look like? How about disk drives? Audio components? The computer/laptop department? The checkout lanes?

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Post ID: @5rkcd+YbiPZw8

Honestly have tried to do business with these guys over the years. They were the holy grail of customers to acquire. However they were pathetic they way the dealt with vendors. Everything about the company felt creepy. John Fry should be ashamed of the way his company operates. The fact you could never get insurance on they said a lot. Hope they crash and burn. I feel sorry for their employee though.

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Post ID: @5qlio+YbiPZw8

When your business is down 70% or more year over year, there is no coming back from that. Unless you come up with something innovative or something that will be a necessity. The irreparable damage has been going on for too long. Its impossible to rebound from a negative reputation especially with the internet. I really dont know how you run a business that is 100% SALES reliant and NOT have any inventory. We all love Fry's and we dont want it to disappear. However when will Frys be truly honest to their employees and customers.

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Post ID: @5qnni+YbiPZw8

It's President's day 2020 and Fry's still OPEN and on SALE!!!

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Post ID: @5phgk+YbiPZw8

Did it close in 2019? No ...right? So why don’t you find a job instead of gossiping about your former employer? You have too much time in your hands try to be positive and you may bring something good into your life!

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Post ID: @5puoz+YbiPZw8

You couldn't even build a PC with components from Fry's. They're out of stock and their cpu & board stock are incompatible (AMD cpu + Intel board LMAO!).

It's sad when Best Buy has every component you need to build a PC.
Fry's is done.

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Post ID: @5pzlv+YbiPZw8

I went to the Duluth, GA store yesterday and they're closed. Not sure when, but it was during the last month. The store in Alphareta, GA is EMPTY. I'm guessing they're closing any day now.

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Post ID: @5nsrt+YbiPZw8

if you count being able to physically enter a space as 'open', then yes, they're still open. Anything beyond that though and I'm not so sure. I'd say they've been functionally out of business for 8 months now.

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Post ID: @5nmyk+YbiPZw8

It’s 2020 and Frys is still open

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Post ID: @5ntjs+YbiPZw8

Just visited Fry's Manhattan Beach CA during lunch. One checkout clerk only working and spew the company line that only Palo Alto closing. Place was barren compared to the old days with lots of rude/ignorant sales folk trying to look busy and long checkout lines. Nobody even from inventory control looking you over as you head out the door. Used to be such a "special" retail experience. BUH-BYE Fry's.

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Post ID: @5kscr+YbiPZw8

I went into the Fry's in Illinois last night and was shocked to see the store so barren. I wanted to pick up a new pair of speakers for my computer at home and they literally had no speakers. After I looked around it became evident that something was terribly wrong. Empty shelves, no customers, and a very lifeless feel. Over the years I have shopped both Fry's and Micro Center. Looks like it will be Micro Center going forward.

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Post ID: @5iphx+YbiPZw8

The one in San Marcos, CA was nearly empty in the middle of December. Can't imagine that they can recover from that.

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Post ID: @5idfk+YbiPZw8

Frys in Las Vegas is looking horrible as well.I dont see how much longer they can last. For everyone in Vegas, theres another place called PC Warehouse located in Henderson. They have a website and you can buy a ton of things. While it doesnt to appear to be on the level of the old Frys, they cant be beat concerning buying PC parts in Vegas now.......

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Post ID: @5holh+YbiPZw8

Tried to buy a motherboard/CPU bundle at their Sunnyvale store today (2/11/20) only to discover that they only had four (as in, 4) mobos and two (as in 2) CPUs available for sale, none of which were compatible. Sales guy said he couldn't get me working parts at any store or their catalog shipped to my house or any store and told me to go elsewhere. This would be like if I walked into an auto parts store and they didn't sell ANY universal alternators or batteries.

Stores can't survive in this fashion. The real question now is if they'll even make it to July or die before then.

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Post ID: @5hqrv+YbiPZw8

Frys is still open I see they are re - stocking . So look like they will bounce back

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Post ID: @5hjae+YbiPZw8

Fry's these days is beginning to look like a husband on the verge of divorce liquidating its assets in order to avoid giving the soon-to-be ex a dime more than necessary.

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Post ID: @59rrx+YbiPZw8

10
Industrial mega-developer eyes Fry’s north San Jose site
Prologis takes strong interest in Fry’s Electronics site in San Jose

Google Maps Fry’s Electronics property at 550 E. Brokaw Road in north San Jose, outlined in red. The world’s largest developer of industrial real estate has taken a heightened level of interest in the vast Fry’s Electronics property in north San Jose.
By GEORGE AVALOS | [email protected] | Bay Area News Group
PUBLISHED: January 10, 2020 at 5:45 am | UPDATED: January 11, 2020 at 4:00 am
SAN JOSE — The world’s largest developer of industrial real estate has taken a formal interest in the vast Fry’s Electronics property in north San Jose.

Prologis, a behemoth developer of industrial properties such as warehouse and logistics buildings, has taken an active interest in the choice Fry’s property, located on nearly 20 acres at 550 E. Brokaw Road near Interstate 880 in north San Jose.

The interest in the big Fry’s Electronics site in San Jose on the part of Prologis, which has $111 billion worth of properties under management, has come to light through multiple public documents on file at San Jose City Hall.

The 19.7-acre site is at the corner of East Brokaw Road and Junction Avenue and also has frontage alongside an onramp to Interstate 880.

The spacious property at 600 E. Brokaw Road contains a big Fry’s Electronics store with a Mayan theme, along with the corporate headquarters of the consumer electronics retailer, as well as the offices for a defunct Arena Football League team, the San Jose Sabercats.

The property owner, according to Santa Clara County documents, is Caracol Ltd., whose main offices are located at 600 E. Brokaw Road. David Fry, a Fry’s Electronics executive, is the general partner for Caracol, according to the California Secretary of State’s Office.

Prologis is seeking to change the zoning for the property, San Jose city documents show.

The current zoning is “planned development zoning” and Prologis has filed an application to change the zoning to “combined industrial and commercial,” according to public documents.

“There are a lot of things that could be allowed with the new zoning,” said Alec Atienza, a San Jose city planner, when asked what sort of development could be pursued on the site were the city to approve a change to the combined commercial and industrial designation.

At some point in late 2019, Prologis met with city officials to make preliminary inquiries about the 19.7-acre site, city records show.

“Their question was only about existing parking requirements and if they could subdivide the existing lot,” John Tu, a San Jose city planner, said of the Prologis inquiries.

The lot is large enough that it could be possible to construct a new building on the property because a huge chunk of the site is devoted to a surface parking lot.

Fry’s declined to comment about the city meetings or the Prologis involvement in a potential redevelopment of the property. Prologis said it didn’t want to discuss the situation.

Prologis has taken an active interest in the choice north San Jose property at a challenging time for Fry’s.

Fry’s has been forced to confront widening challenges during a retail apocalypse that has drastically altered how people shop for an array of goods, including consumer electronics products.

The retailer recently shuttered its Palo Alto store. Fry’s says it intends to remain in business. However, the company’s store shelves have been sparsely stocked in recent months, including during the just-concluded Christmas shopping season.

Fry’s Electronics is a tenant at numerous store sites. However, through the Caracol Ltd. affiliate, the Fry’s family is the principal owner of the East Brokaw property in San Jose.

Related Articles
Fry’s Electronics still hanging on, but for how long?
Fry’s to close its Palo Alto doors for good in January
That ownership situation gives Fry’s executives more flexibility were they to choose to work with a big developer such as Prologis regarding future uses of the north San Jose site.
“Prologis hasn’t made any development proposals,” Atienza, the city planner said. “We don’t know what they want with the proposal to change the zoning.”

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Post ID: @59kxs+YbiPZw8

It seems that Fry's is quietly trying to sell the big location in San Jose with the "Mayan" theme... ...and it's corporate HQ. (San Jose Mercury won't let you view it in private/incognito mode without a subscription.) The potential buyer, Prologis, has already filed to change the zoning. "Fry’s declined to comment about the city meetings or the Prologis involvement in a potential redevelopment of the property. Prologis said it didn’t want to discuss the situation."

https://www.mercurynews.com/2020/01/10/industrial-mega-developer-eyes-frys-north-san-jose-site/

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Post ID: @59cpm+YbiPZw8

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