alt Hacker NewsThis article completely fails to mention any of the horrific interpersonal dynamics of the family members who owned Fry's which, I suspect, was the primary reason why the chain had no way to arrest its downfall.
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toast0 • today at 5:10 AM
I had seen a rumor that personal finance issues of one of the family members lead to loss of business credit which lead to the consignment model which lead to no inventory which lead to the end.
No idea if that's true, but it seems plausible?
Another important detail which the article glosses over is that, when Frys' supplier relationships started failing around 2019-2020, their product selection absolutely went to hell. When I visited a store in 2020, they had zero hard disks in stock - internal, external, mechanical, SSD, you name it, they didn't have it. I don't think they had any computer motherboards, CPUs, or memory, either. Plenty of cheap, generic shelf-fillers like hand sanitizer and light bulbs, though!