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Fact Check: Is FYE going out of business?

Fact Check: Is FYE going out of business?

Published May 25, 2025
ByFactChecker 1.1 avatarFactChecker 1.1
✗
VERDICT
Mostly False

# Is FYE Going Out of Business? The claim that FYE (For Your Entertainment), a retailer specializing in music, movies, and pop culture merchandise, i...

Is FYE Going Out of Business?

The claim that FYE (For Your Entertainment), a retailer specializing in music, movies, and pop culture merchandise, is going out of business has circulated recently, particularly following reports of multiple store closures. This article aims to explore the available evidence surrounding this claim without reaching a definitive conclusion.

What We Know

  1. Store Closures: FYE has confirmed the closure of several locations, including a store in Palmer Park Mall, Pennsylvania, which closed in April 2023, leaving only one remaining store in the Lehigh Valley area 16. Additionally, reports indicate that FYE plans to close three stores in Connecticut—specifically in Waterbury, Danbury, and Meriden—by early 2025 37.

  2. Current Operations: As of 2023, FYE operates approximately 200 stores nationwide, though this number is subject to change due to ongoing closures 1. The company has faced challenges attributed to changing consumer preferences and the rise of digital media, which have negatively impacted its core business model 7.

  3. Future Plans: There is no official announcement regarding a complete shutdown of all FYE stores. However, the trend of store closures raises questions about the retailer's long-term viability in the current market landscape 58.

Analysis

Evidence Evaluation

  • Source Reliability: The sources cited include local news outlets (WFMZ, Greenwich Time, CT Insider) and specialized blogs (TruthOrFake), which vary in reliability. Local news outlets tend to have established credibility, particularly when reporting on local businesses. For example, WFMZ is a reputable local news station, while TruthOrFake, although it attempts to fact-check, may not have the same level of journalistic rigor 15.

  • Conflicting Information: While multiple sources confirm the closure of specific FYE locations, none provide a comprehensive overview of the company's overall financial health or future plans. The lack of a unified statement from FYE itself complicates the narrative, as the company has not publicly declared an intention to go out of business entirely.

  • Methodological Concerns: Some sources, such as the dataset from Usearch, provide lists of closures but lack context or analysis regarding the reasons behind these decisions or the implications for the company's future 2. This absence of detailed methodology raises questions about the completeness of the information provided.

Potential Bias and Conflicts of Interest

  • Local Business Impact: Reports from local news outlets may reflect a bias towards community impact, focusing on the loss of local retail options rather than providing a balanced view of FYE's business operations. This can lead to sensationalism around the narrative of the company going out of business.

  • Market Trends: The broader retail environment, especially for physical media, is in flux, with many traditional retailers struggling. This context is essential for understanding FYE's situation but is often underreported in individual store closure announcements.

What Additional Information Would Be Helpful?

  • Official Statements: A direct statement from FYE regarding its business strategy and future plans would clarify its operational status and intentions.

  • Financial Reports: Access to FYE's financial performance data, including revenue trends and profitability, would provide insight into the company's viability.

  • Consumer Behavior Studies: Research on changing consumer preferences regarding physical media and retail shopping could help contextualize FYE's challenges.

Conclusion

Verdict: Mostly False

The claim that FYE is going out of business is "Mostly False" based on the current evidence. While it is true that FYE has confirmed the closure of several stores, there is no definitive statement indicating that the company is ceasing all operations. The ongoing closures do raise concerns about the retailer's long-term viability, particularly in light of shifting consumer preferences and the impact of digital media on physical retail. However, the absence of a complete shutdown announcement and the continued operation of approximately 200 stores suggest that the situation is more nuanced than a straightforward claim of going out of business.

It is important to note that the available evidence is limited, particularly regarding FYE's overall financial health and strategic plans. The lack of comprehensive data and official statements from the company leaves room for uncertainty. Readers are encouraged to critically evaluate information and consider the broader context of the retail environment when assessing claims about FYE's future.

Sources

  1. WFMZ. "FYE to close Palmer Park Mall store, leaving one Lehigh Valley location remaining." WFMZ
  2. Usearch. "Complete list of FYE stores closing updated to 2025." Usearch
  3. Greenwich Time. "FYE closing three of its Connecticut stores, staff say." Greenwich Time
  4. Meriden, CT Patch. "Meriden FYE Store To Be Shuttered." Patch
  5. TruthOrFake Blog. "Fact Check: Are FYE stores closing?" TruthOrFake
  6. Lehigh Valley Live. "This longtime Palmer Park Mall retailer is reaching its final days." Lehigh Valley Live
  7. CT Insider. "FYE closing three Connecticut stores in early 2025." CT Insider
  8. Franchise Herald. "Mercer Mall Responds to Retail Pressure with Strategic Store Closures." Franchise Herald

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Fact Check: Transcript 00:00 911 was a false flag. For the first 10 years, I did not think anything other than the official narrative then after being shown a video, a close up video of building number seven coming down and that got me going because it's obvious to me that building seven was was a controlled demolition because the building collapses from the bottom down. The trade centers were unique in that they were designed to withstand the 00:33 impact of a a a jet. From what I understand the the outer skeleton of the building. The outer columns was like a a fish net and you had these inner core columns which was substantial thick steel beams to withstand four or five times what the loads were. Got it. The engineers always over design a building. No steel frame building has ever collapsed before or since 9/ eleven. So that should say something right there. And it said that building seven it was 01:05 aggressive collapse that it was caused by fire but progressive collapse unlike the twin towers, the twin towers collapse from the top down. That's a progressive collapse. Sure. Floor by floor by floor. But if you look at the videos of building seven collapsing, it collapses uniformly, it's collapsing from the bottom, the building stays intact all the way to the bottom of the ground and you could see the sides caving in on it. For a building to collapse uniformly which the video show all the load bearing it would have to have failed 01:36 simultaneously. Now, fire doesn't act like that. I came across an analogy of the twin towers and if you could visualize cast iron stoves stacked. One on top of each other. The stoves up at the top. Yes, there's fire and they've been damaged but the stoves on the bottom, they haven't been damaged. Okay. So, the structure underneath all of that is intact. So, it's impossible for a building to collapse near free fall speed and increase. Without a 02:07 controlled demolition. You're running into the path of most resistance. I something else is going on. I don't believe that it was just the planes or the fires I think that and they examine the dust and they found what they call thermitic material which is like a explosive incendiary which was in the dust samples and that's documented. There were reports of the buildings were undergoing a extensive elevator renovation in the two or three years prior to all kinds of 02:40 workers they had access to the the core the cores of the building and on the day of the attack the the elevator company would not assist in the operations of the elevators and the elevator company was the elevator company it subsequently went out of business and a couple of years after that

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Fact Check: Transcript 00:00 This whole saga with Epstein having any impact on Trump's approval rating overall when it comes to the Grand Old Party? Yeah I mean look I think this one surprised me a bit because of all these complaints online going after Trump and the Epstein Fasio might think his approval ratings were going down with Republicans if anything they're going up Republicans who approve of Trump look at our CNN poll the prior 186 percent the one out this week 88% were Republicans how about Quinipiac the prior poll 87% approval of Republicans week out, 90% with Republicans. If anything, 00:33 Donald Trump's approval rating has gone up since this whole Epstein saga started. He is at the apex or close there too in terms of his popularity with Republican voters. Epstein files complaints or not. You just prove that not everything online is real. Yes. In real world. Who knew? Who knew? Amazing. Twitter and X are not reality.

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