One of Bay Area's last Fry's Electronics stores closes

On 12/31/2019 1:32 PM, Ali via cctalk wrote: They actually were changing to a way of flooring the merchandise closer to the food industry.? Many things on the shelf in larger supermarkets are actually managed and stocked at the expense of the people who have the shelfspace.? So that becomes critical. Years ago a drug chain called Zody's used the same method, but for entire areas of stock, not by item. A friend had a pitabread business and went into Ralphs (Krogers in Southern ,CA).? The buyin for about 2' of space was about $500,000 then you had to supply the stock.? Payback came to you when you shipped more to them than they returned or discarded stale (or put in markdown). Frito-Lay as well as some of the alcohol aisle actually send in personnel twice a day to do the stocking.? The store staff doesn't touch it. Anyway it doesn't seem to be happening, i heard the story Fred has 3 months ago, and it doesn't take this long to do the deal if it's going to work. Years ago when they expanded a friend who had a similar electronics business said that the electronics side of Fry's was done with large amounts of debt.? My friend's store was well positioned to expand, but they wouldn't do the debt model Fry's did. That said, either Fry's is profitable, or they've paid down their debt to where they can withstand what is going on.? If it were a business with a large debt load the banks wouldn't let them take a week, must less 3 months and counting to do what is going on. And those 100,000sf store rent keeps on ticking full or empty. thanks Jim