Questor
2021-02-25 20:09:53 UTC
One of the last signature Silicon Valley retail icons has fallen. Fry's
Electronics is closing its doors for good. Although they're blaming the
pandemic, the stores have been circling the drain for a couple of years. I read
reports of aisles and aisles of empty shelves, with nothing to buy. Employees
gave vague answers when asked about restocking. It was apparent that they were
having cash flow problems, and that their suppliers were no longer extending
credit. I'm surprised they held on this long.
Once the Silicon Valley was an electronics/computer nerd's retail paradise:
Fry's, Computer Literacy Bookstores, Weird Stuff Warehouse, and a handful of
lesser known, similar stores. All gone now.
Electronics is closing its doors for good. Although they're blaming the
pandemic, the stores have been circling the drain for a couple of years. I read
reports of aisles and aisles of empty shelves, with nothing to buy. Employees
gave vague answers when asked about restocking. It was apparent that they were
having cash flow problems, and that their suppliers were no longer extending
credit. I'm surprised they held on this long.
Once the Silicon Valley was an electronics/computer nerd's retail paradise:
Fry's, Computer Literacy Bookstores, Weird Stuff Warehouse, and a handful of
lesser known, similar stores. All gone now.