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    • CommentTimeAug 19th 2019
    • CommentTimeAug 21st 2019
    They should liquidate wall street style like Toy's R Us
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    They are closing Palo Alto Fry's store. So, the game has started.
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    Considering that Fry's afaik wasn't ever sold to Hedge funds it isn't quite like Toys R Us. That being said as others have noted the closing of the Palo Alto store has been publicly confirmed. I haven't worked at Fry's in a long time, but I recall it was a pretty low selling store anyways. In theory closing a store that is under lease slows their burn rate, but in practice it probably is just the first store that they have confirmed is closing. Even if they closed that store's doors today, fired the employees and distributed the little inventory to nearby stores I'm doubtful that it would buy them a ton of time.
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