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.
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.