I don't think I have been in a RadioShack in 5 years. Every time I stopped in they did not have the part or it would take 2 weeks to get it. It's a sign of the times, people just don't do things themselves in this day and age.
RadioShack said it will close up to 1,100 U.S. stores after reporting a wider quarterly loss and huge drop in sales during the holidays that raised concerns about the longer-term prospects for the U.S. electronics chain.
Its shares dropped as much as 20 percent.
The planned closings would leave the Fort Worth, Texas-based retailer with over 4,000 stores, including more than 900 dealer franchise locations, it said on Tuesday.
RadioShack's sales have been in free fall since 2010 amid executive departures, tough competition and an image problem. Despite its ubiquitous presence, analysts say the U.S. retailer has not done enough to become a destination for mobile phone shoppers or younger buyers.
more @
http://www.cnbc.com/id/101463520?__source=xfinity (http://www.cnbc.com/id/101463520?__source=xfinity)|mod&par=xfinity
All good things must end... and some not so good. Radio Shack has long outlived its time and is overdue for an appointment with the Grim Reaper.
They made their bones on the backs of the American consumer in the days when the so-called "Fair Trade Laws" kept prices for offshore hi-fi/stereo equipment sky high. Their stuff looked great sitting alongside vastly and artificially overpriced stuff from Pioneer and Panasonic.
Then they made just about every wrong move that could be made when the PC/home computer market opened up. The TRS-80 stuff out-niched even the Mac weirdo crowd. Their entries into the compatible PC market were too weak, too expensive, and much too late.
They blew it with the cell phone explosion too.
Buh-bye, RS.
Quote from: TboneAgain on March 04, 2014, 11:29:11 AM
All good things must end... and some not so good. Radio Shack has long outlived its time and is overdue for an appointment with the Grim Reaper.
They made their bones on the backs of the American consumer in the days when the so-called "Fair Trade Laws" kept prices for offshore hi-fi/stereo equipment sky high. Their stuff looked great sitting alongside vastly and artificially overpriced stuff from Pioneer and Panasonic.
Then they made just about every wrong move that could be made when the PC/home computer market opened up. The TRS-80 stuff out-niched even the Mac weirdo crowd. Their entries into the compatible PC market were too weak, too expensive, and much too late.
They blew it with the cell phone explosion too.
Buh-bye, RS.
Hi,
Oh wow, I've been trying to forget that name. Lol I used to work there, yes I have a work history :toungsmile: . Hehe I quit after almost losing my job for "mishandling" a guy with a battery pack who said it was a bomb.
Blessings
moved you posts outside of the quote.
walks
Yeah, radio shack is done.
Quote from: uronotenshi on March 04, 2014, 12:06:32 PM
Hi,
Oh wow, I've been trying to forget that name. Lol I used to work there, yes I have a work history :toungsmile: . Hehe I quit after almost losing my job for "mishandling" a guy with a battery pack who said it was a bomb.
Blessings
moved you posts outside of the quote.
walks
I'm gonna guess you didn't see the humor of his joke, right? :glare:
Quote from: Solar on March 06, 2014, 05:27:15 AM
I'm gonna guess you didn't see the humor of his joke, right? :glare:
Hi,
Nope not really. I "woke up" about 2 feet away from and going for his throat, while he was yelling that he was joking.
Blessings,
Karen
Quote from: walkstall on March 04, 2014, 11:10:48 AMIt's a sign of the times, people just don't do things themselves in this day and age.
I think what killed them is Amazon.
I think this is also a result of patent trolls, where there is less innovation, reducing products to market.