Fry's Electronics has called it quits and made the announcement by shutting its website down and replacing it with a banner page explaining the closure. Fry's attributed the decision to changes in the retail industry, as well as challenges resulting from the coronavirus pandemic.
The closing comes a few months before the company's 36th anniversary and will involve a winddown process, which began Feb. 24 with the announcement.
In the online statement, Fry's said its hope is the gradual closure would "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 California-based business had 31 stores across nine states.
The cavernous stores sold electronic products ranging from computer components and video games to household appliances and audiophile equipment. Fry's also offered books, furniture and other assorted goods and described itself as a one-stop shop.
Fry's said it would be contacting customers who had equipment undergoing repairs at the time of the closure, and they may also send an email to arrange the return of their items. Customers needing repairs under a service contract can call 800-811-1745 for more information.
Response times may be slow due to the volume of inquires, the company said.