Fry's Electronics shutting down all stores at midnight

[Will Ross]

Because Amazon is a major threat over the likes of Walmart, who people thought at one point was a major threat to multiple industries. If Amazon completely takes over, then that's going to destory entire industries and businesses. Not just mom and pop shops.

A store like fryes is only going down because they made poor choices. It’s not like the mom and pop that absolutely could not compete. Hell frys did not even ship to a lot of areas

 

[Thavoiceofthevoiceless]

A store like fryes is only going down because they made poor choices. It’s not like the mom and pop that absolutely could not compete. Hell frys did not even ship to a lot of areas

Amazon is going to destroy a lot of businesses and industries no matter how hard they try and stay alive. Same as Walmart did.

 

[itsyoung!!]

Damn.

Homie just had orientation last week.

dont know why this made me laugh

 

[Will Ross]

Amazon is going to destroy a lot of businesses and industries no matter how hard they try and stay alive. Same as Walmart did.

I don’t think you can blame Amazon when it comes to big businesses. Amazon has put in effort to have the position they have.
These other companies did not. And it was not because a lack of money.

 

[Kingshango]

I think Best Buy will be the last tech chain standing.

 

[Thavoiceofthevoiceless]

I don’t think you can blame Amazon when it comes to big businesses. Amazon has put in effort to have the position they have.
These other companies did not. And it was not because a lack of money.

It does come down to money in the majority of cases. You can have all the bright ideas in the world, but if you don't have the money and resources to pull it off then it's useless. Amazon has been to grow the way that they have as they have the money and resources to do what they do that other companies just don't have. That's why they can experiment in other industries and afford to fail in those ventures.

Your reasoning will work with a company like Walmart because at one point, they were bigger than Amazon. They didn't do what they needed to do and that's why they are lagging behind them now.

 

[10bandz]

It does come down to money in the majority of cases. You can have all the bright ideas in the world, but if you don't have the money and resources to pull it off then it's useless. Amazon has been to grow the way that they have as they have the money and resources to do what they do that other companies just don't have. That's why they can experiment in other industries and afford to fail in those ventures.

Your reasoning will work with a company like Walmart because at one point, they were bigger than Amazon. They didn't do what they needed to do and that's why they are lagging behind them now.

Frys had money to build elaborate warehouse stores with themes.....they could’ve been Newegg if they put some decent money towards their online game

 

[MikelArteta]

Yeah Amazon came on the scene and almost immediately monopolized that online shopping.

Some of these businesses also have themselves to blame. You have to keep adapting with the times.

A lot of these businesses were still keeping with that same formula from like the 80s.

They thought if they built that brick and mortar and put it in the right location that the consumer would come, but this younger generation is all about convenience and advances in technology have allowed them to be that way. It's more convenient for most people to pull out a smartphone, order stuff online, and have it sitting on their doorstep or in their mailbox 2 days later.

Shyt you can even get your take out food and groceries delivered to you now.

If places like Sears and Circuit City would have jumped on that internet wave in it's infancy they might still be around. You look these shopping malls and ish now and they are ghost towns and shells of their former self, they were popping in that late 80s to me early 2000s era though when I was coming up.

It's a so much different world in 2021 than it was in 1981. A lot of those places didn't adapt and they're paying for that now via liquidation and going out of business.

exactly
im sorry i can pay amazon like 70-80 a year for prime, and get most stuff delivered to me same day or 1-2 days max, and easy returns.

I remember buying stuff at stores and getting like store credit or them calling jim in a certain department and he'd come and say they can't take it back etc.

screw that

 

[Will Ross]

It does come down to money in the majority of cases. You can have all the bright ideas in the world, but if you don't have the money and resources to pull it off then it's useless. Amazon has been to grow the way that they have as they have the money and resources to do what they do that other companies just don't have. That's why they can experiment in other industries and afford to fail in those ventures.

Your reasoning will work with a company like Walmart because at one point, they were bigger than Amazon. They didn't do what they needed to do and that's why they are lagging behind them now.

I just looked it up and the store seems to be owned by Kroger
So what really happened to them was corporate bullshyt not Amazon

 

[Thavoiceofthevoiceless]

Frys had money to build elaborate warehouse stores with themes.....they could’ve been Newegg if they put some decent money towards their online game

True, but doesn't mean anything if Amazon is coming about Newegg and all other industries as well. That's my point. All of these companies out here don't have the money nor resources to compete with Amazon coming for their industry.

If Amazon comes for Newegg (and they will), what will they be able to do? You see how they are about to hop in the pharmacy lane as well to help destroy another industry. These companies don't have the resources to compete with them even if they wanted to fight back.

That's why the government should have stepped long ago and broke up Amazon. Like I said though, why would they when the people in charge of the country are benefitting from their stock price.

 

[darealvelle]

Fry's webpage:

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. The Company will implement the shut down through an orderly wind down process that it believes will be in the best interests of the Company, its creditors, and other stakeholders.



The Company ceased regular operations and began the wind-down process on February 24, 2021. It is hoped that undertaking the wind-down through this orderly process will reduce costs, avoid additional liabilities, minimize the impact on our customers, vendors, landlords and associates, and maximize the value of the Company’s assets for its creditors and other stakeholders.



The Company is in the process of reaching out to its customers with repairs and consignment vendors to help them understand what this will mean for them and the proposed next steps.



If you have questions, please contact us using the following email addresses:

• For customers who have equipment currently being repaired, please email customerservice@frys.com, to arrange for return of your equipment.
  
  
• For customers with items needing repair under a Performance Service Contract, please call (800) 811-1745.
  
  
• For consignment vendors needing to pick up their consignment inventory at Fry’s locations, please email omnichannel@frys.com.

Please understand if we are a bit slow to respond given the large volume of questions. The Company appreciates your patience and support through this process.



Sincerely,



Fry’s Electronics

fukking a$$holes!!

 

[Thavoiceofthevoiceless]

I just looked it up and the store seems to be owned by Kroger
So what really happened to them was corporate bullshyt not Amazon

You're missing the overall point that I'm trying to make. Amazon is a problem to the majority of industries out here. No matter what they do, they just won't have the money nor resources to compete with them no matter how much money they have or try to adapt.

Amazon is becoming the threat they people used to talk about Walmart being.

 

[darealvelle]

I just looked it up and the store seems to be owned by Kroger
So what really happened to them was corporate bullshyt not Amazon

Nah the Frys brothers also owned a grocery store chained also called Frys and they sold those stores to Kroger.

 

[Will Ross]

Nah the Frys brothers also owned a grocery store chained also called Frys and they sold those stores to Kroger.

Either way it’s old corporate bs not Amazon

 

[Thavoiceofthevoiceless]

exactly
im sorry i can pay amazon like 70-80 a year for prime, and get most stuff delivered to me same day or 1-2 days max, and easy returns.

I remember buying stuff at stores and getting like store credit or them calling jim in a certain department and he'd come and say they can't take it back etc.

screw that

Amazon has fukked up the shipping game as you got people out here being spoiled with 1-2 day shipping and free returns. The majority of companies can't afford to do that or compete with the benefits that Amazon Prime offers.

People these days are literally getting angry if shipping times don't meet those demands or they have to pay and return an item. Amazon the bread to eat those shipping cost losses, which other companies don't have the luxury of doing so.

Even Amazon is trying to calm down on it by other incentives (store credits) for taking a longer shipping time.