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Whatever is happening at Fry's, it's not the normal retail circling the drain. Toys R Us had more inventory on shelves a week into their final clearance sales than Fry's in Fountain Valley did a couple days before Christmas.

If it were trying to make things work, they should be consolidating stores to reduce operating costs. But they're just in some sort of holding pattern. I saw a rumor on a Fry's employee forum that one of the brothers Fry was going through a personal bankruptcy and that was disrupting the corporation's credit, which seems plausible, but hasn't been reported anywhere legitimate, so I dunno.