Shaxon Industries had a large presence of products in the Fry’s Electronics stores and has been scaling up their direct to consumer online sales in 2020.
The company, which had 31 stores across nine US states, said in a statement on its website that it “made the difficult decision to shut down its operations and close its business permanently” because of changing consumer shopping habits and the ongoing Covid-19 pandemic.
Based in San Jose, California, the privately held company was a family business. It was founded in 1985 by the three Fry brothers with the goal of being a “Silicon Valley retail electronics store to provide a one-stop-shopping environment for the Hi-Tech Professional.”
“It is hoped that undertaking the wind-down through this orderly process will reduce costs, avoid additional liabilities, minimize the impact on our customers, vendors, landlords and associates, and maximize the value of the company’s assets for its creditors and other stakeholders,” Fry’s explained on its website.
Shaxon Industries also offers products through other retail channels such as Micro Center, Amazon.com, Santa Cruz Electronics, select California Ace Hardware Stores, and Menard’s.
If you have difficulty finding a source or would like to see Shaxon products at your local business, send us a message through our contact us page and we will pursue your recommendations. The full retail line of Shaxon products are available on this direct to consumer site as well.
Shaxon has always been committed to delivering high quality products to consumers at the lowest cost. For many years Shaxon has absorbed increased raw materials and operating costs.
A limited amount of inventory is maintained at our production and warehouse facility in Anaheim, CA. Costs are expected to rise as this inventory is depleted and replenished from our supply chain.
The latest tariffs imposed on raw materials and finished goods will result in an immediate cost increase between 25% and 40% in the marketplace. Shaxon will absorb as much of the increase as possible to sustain our commitment of providing the lowest cost to our consumers.
Please visit the U.S. Customs and Border Protection site for more information regarding Section 301 Trade Remedies to be Assessed on Certain Products from China.
On August 30, 2016, the Office of Administrative Law approved the adoption of amendments to Article 6, Clear and Reasonable Warnings, of the California Code of Regulations. This regulatory action repeals all the regulatory provisions of Title 27 of the California Code of Regulations, Article 6 (sections 25601 et seq.), except those added via an emergency rule-making in April 2016 related to warnings for exposures to bisphenol A in canned foods and beverages (Sections 25603.3(f) and (g)). The action will replace the repealed sections with a new regulation divided into two new Sub-articles to Article 6. The repealed and new regulations provide, among other things, methods of transmission and content of warnings deemed to be compliant with the Safe Drinking Water and Toxic Enforcement Act of 1986 (Proposition 65).
The regulation will be operative on August 30, 2018. In the interim, businesses may comply with the regulation in effect on August 30, 2016, or the provisions of the new regulation. This will allow for a reasonable transition period for businesses to begin providing warnings under the new provisions.
Please visit www.p65warnings.ca.gov For additional information and self education.