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Anyone who is talking about how much of a loss this is means they haven't been to a Frys in the last 3 or 4 years. I have fond memories of them from 95-05, but
by genmud 6y ago
Anyone who is talking about how much of a loss this is means they haven't been to a Frys in the last 3 or 4 years.
I have fond memories of them from 95-05, but this is literally a textbook case of a business that got ran into the ground by their management. They weren't able to evolve with their customers needs and would probably still be around if they weren't so awful.
In fact, I would argue they were one of the few retail companies that stood a chance against Amazon in their niche, mainly because they owned many of their properties.
The thing that killed them is they ramped up their hostility towards their customers and treated them with utter contempt. I still remember going in there a few years back to pick up a couple hard drives and the manager refused to price match their OWN website, while standing under a giant sign that said "We price match Internet retailers" or something to that effect. That was the 2nd to last time I stepped foot in a Frys and I vowed not to shop there going forward.
The very last time I stepped in Frys almost 2 years ago, I was looking for a common resistor to fix a part, since I wasn't at home and there was one around the corner. I literally couldn't find some of the most common value resistors and the store was literally bare of inventory.
It was so bad that they had shit like paper towels and water bottles stacked 1 deep across like 4 or 5 aisles. Again, this was nearly 2 years ago and I literally thought they were within days of closing back then.
I'll be honest, the only thing that surprises me is that it took this long. Sure, their format was huge stores, but the thing is they owned a lot of them, so it wasn't very expensive. MicroCenter appears to be doing quite well, so it definitely isn't specific to their retail segment.
Long story short, I will always have fond memories of doing some of my first computer builds there and salivating over their newspaper ads, but good riddance.