Fry's.com (or Outpost.com as it was way back in the day) was one of the very first online retailers so it had nothing to do with not embracing online sales.
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Fry's was a store you went to if your wanted to build a computer instead of buying a notebook or...
https://www.mercurynews.com/2019/09/10/frys-tries-to-quell-rumors-of-its-demise-as-customers-worry-about-empty-shelves/ -- Long story short: Trump Tarriffs on Chinese made electronics are whats killing Frys..