3 ms·

If possible, Micro Center or Frys. Frys is somehow profitable but with dwindling stock at every California/Nevada location I’ve been to recently (maybe an indic

If possible, Micro Center or Frys. Frys is somehow profitable but with dwindling stock at every California/Nevada location I’ve been to recently (maybe an indicator of higher prices?), but Micro Center is great.

smogcutter 7y ago
There was a big thread about Fry’s a few weeks ago. Apparently the story behind the empty shelves is they’re having contract issues with suppliers.
- natch 7y ago
  That's the line they're giving out, anyway. I'm curious to see if it's just a ruse to keep some employees around and keep customers coming in paying full price as they clear the shelves before something else like complete shutdown.
  - Macha 7y ago
    It's weird, the shelves are as empty as you could hope for in a liquidation scenario and there's just crap left. Continuing to pay rent to try get rid of a few hard to sell pieces of old tech or low value items like phone cases is definitely past the point of being sensible. So I think someone in management genuinely believes suppliers will come around to supplying them goods with payment on sale, despite all evidence to the contrary
    - natch 7y ago
      I suspect they actually own some of their buildings and have for some time, starting from way back when property values and mortgages were lower. Or at least "own" in the usual sense of being the owner of the mortgage. Which would maybe? give them a few months more comfort zone in that they aren't paying that extra margin of current market rents to a landlord, at least in those cases where they own.
- jjeaff 7y ago
  Ya, contract issues for a very specific reason. They are trying to switch to a full "consignment" model. So they want the manufacturers to give them all the inventory for free and they'll just return what doesn't sell later. So manufacturers are likely very disinterested in that model.

3 ms·

If possible, Micro Center or Frys. Frys is somehow profitable but with dwindling stock at every California/Nevada location I’ve been to recently (maybe an indic

by ReverseCold 7y ago

smogcutter 7y ago
There was a big thread about Fry’s a few weeks ago. Apparently the story behind the empty shelves is they’re having contract issues with suppliers.
- natch 7y ago
  That's the line they're giving out, anyway. I'm curious to see if it's just a ruse to keep some employees around and keep customers coming in paying full price as they clear the shelves before something else like complete shutdown.
  - Macha 7y ago
    It's weird, the shelves are as empty as you could hope for in a liquidation scenario and there's just crap left. Continuing to pay rent to try get rid of a few hard to sell pieces of old tech or low value items like phone cases is definitely past the point of being sensible. So I think someone in management genuinely believes suppliers will come around to supplying them goods with payment on sale, despite all evidence to the contrary
    - natch 7y ago
      I suspect they actually own some of their buildings and have for some time, starting from way back when property values and mortgages were lower. Or at least "own" in the usual sense of being the owner of the mortgage. Which would maybe? give them a few months more comfort zone in that they aren't paying that extra margin of current market rents to a landlord, at least in those cases where they own.
- jjeaff 7y ago
  Ya, contract issues for a very specific reason. They are trying to switch to a full "consignment" model. So they want the manufacturers to give them all the inventory for free and they'll just return what doesn't sell later. So manufacturers are likely very disinterested in that model.