History
Initially, two stores were opened, in Arlington, Texas, and Wilsonville, Oregon; when these proved profitable, parent company Tandy decided to expand quickly, opening an additional 15 stores. During this time, however, with the growth of other retail outlets such as Best Buy, the market became more competitive; with the expense of operating such large facilities, resulted in an overall lack of profitability for the entire enterprise.
Of the 17 stores, only six were ever consistently profitable; these six stores were sold to California company Fry's Electronics in 1996. The others were all closed in that same year. As the buildings were so large, they could not be readily adapted to other business purposes, and buyers were so scarce that Tandy sold the empty buildings for mere pennies on the dollar.
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Golf mural above office products section of Fry's Tempe Store
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Golf mural above appliances section of Fry's Tempe Store
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Golf floor art at entrance of Fry's Tempe Store
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Golf cart counters at customer service section of Fry's Tempe Store
Read more about this topic: Incredible Universe
Famous quotes containing the word history:
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—Tacitus (c. 55–c. 120)
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—Adonis [Ali Ahmed Said] (b. 1930)
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—Albert Camus (1913–1960)