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IPFS News Link • Business/ Commerce

Fry's Electronics is shutting its doors for good

• https://www.theverge.com By Sean Hollister

Fry's Electronics, one of the last big brick-and-mortar electronics store chains in the United States — and a Silicon Valley institution in particular — is permanently closing nationwide, the company has officially confirmed Wednesday, following Tuesday evening reports from SF Bay Area broadcaster KRON4, as well as Bill Reynolds and Matthew Keys.

"After nearly 36 years in business as the one-stop-shop and online resource for high-tech professionals across nine states and 31 stores, Fry's Electronics, Inc. ("Fry's" or "Company"), has made the difficult decision to shut down its operations and close its business permanently as a result of changes in the retail industry and the challenges posed by the Covid-19 pandemic," reads a statement from Fry's.

If you've ever visited a Fry's anytime in the past two to three years, none of this will come as a surprise.