Call this a hot rumor for now, but a number of its stores are lightly trafficked and have sparse, aging inventory, pointing to serious financial problems
https://www.tweaktown.com/news/67191/frys-electronics-stores-soon-close-seeing-same-fate-toysrus/index.html
Fry's confirms that it is closing one of its stores (Palo Alto) but insists that its shelves are empty because they're converting to consignment
https://www.mercurynews.com/2019/09/10/frys-tries-to-quell-rumors-of-its-demise-as-customers-worry-about-empty-shelves/
Black Friday is upon us, yet Fry's (still) has next to no product to sell in its stores
https://www.mercurynews.com/2019/11/26/frys-touts-black-friday-deals-despite-low-stock/