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The news just said that the NYSE will de-list Radio Shack. Amazon may buy some parts of it to get into brick-n-mortar presence for same-day delivery. May be a good thing. Got to be better than what Radio Shack does now.
Just waiting for those Rat Shack flames to start up :D Anyone care to explain the hatred for Radio Shack? This seems to come mostly from the older (no offense) guys and seems to have started in the 70's sometime for some reason.
Just waiting for those Rat Shack flames to start up :D Anyone care to explain the hatred for Radio Shack? This seems to come mostly from the older (no offense) guys and seems to have started in the 70's sometime for some reason.
It started when they decided that being a source of parts and gear for enthusiasts wasn't what they wanted to be any more. First it was computers, then it was cellphones, markets that weren't successful for them. With the advent of internet shopping their original core customers abandoned them in favor of places like PE. The last nail in their coffin was Amazon. They've been dead for ten years, it's just taken this long for the rigor mortis to finally set in. Maybe if they'd changed their name to 'Batteries is Us'...:rolleyes:
Usually a private equity firm would step in at this point, do a take over and attempt a turn-around. The fact that this has not occurred yet must mean the situation is pretty hopeless.
They are preparing for bankruptcy liquidation. If it were only "hatred" by some old-guy group, they would still be in business. As Bill said, it's when they changed their marketing strategy. They did it to themselves. I don't know about you, but when I go into a store that used to sell things that I like to buy and they don't sell them anymore, I don't go in anymore.
When they became a mini-BestBuy, I stopped going except when I really needed some oddball audio cables or adapters. In the past year or two, I'd actually had much better luck, with the staff knowing their inventory, and things being neat and organized. But I'm sure my occasional purchase of perfboard, alligator clips, and contact cleaner weren't going doing their bottom line much good.
I'll be sad to see them go, simply because they're a convenient source of (overpriced) oddball cables - still nice to have around when you want to hook something up "now" and not wait for an online shipment.
But then again, last few times I went, I had to wait 5-10 minutes to check out because the one-and-only clerk was helping someone with a cell-phone issue.
Luckily, we have a Fry's in town that blows Rat Shack out of the water for cables and components. The downside is I walk in for a $4 cable, and walk out with $400 worth of stuff.:p
"Years before they founded Apple, Steve Jobs and Steve Wozniak used diodes and transistors purchased from RadioShack to build a “blue box,” a machine that tricked the phone system into letting them make free long-distance phone calls."
"Its stores look like they were preserved in amber 10 years ago."
"I wouldn't even call this a failure. I'd call it an assisted suicide,"
It started when they decided that being a source of parts and gear for enthusiasts wasn't what they wanted to be any more. First it was computers...
to be fair, i think they were still doing ok when they were doing the Tandy thing, soaring in fact.
but most companies i've looked at that had in-house intellectual properties; once they start to sell them off or stop production using them, they are on borrowed time...
It seemed to me that every time I went to Radio Shack I found there was one less line of merchandise they carried. TV's, audio, computers, phones, electronic parts ... next trip TV's gone ... next trip audio gone ... next trip computers gone. Went there three days ago to pick up some RCA ends and the place was all phones with some parts/supplies in the back half seemingly only there because, well, they're supposed to be there, its Radio Shack. Heaven help you if you asked a question about anything but phones.
I hate to see them go for the same reason someone else above stated, when you're in the middle of a project and you need something 'right now'. Many times doing installs they've had what I needed and saved me having to wait days and pay shipping to boot, plus I'm one of those people who like to touch and handle something before I buy.
So now we'll have yet another Sprint store or maybe an Amazon fulfillment center.
It seemed to me that every time I went to Radio Shack I found there was one less line of merchandise they carried. ...
They really died in my eyes when they stopped selling raw speakers. Yah, most of them were junk, but having raw drivers easily available, along with some rudimentary crossover stuff and a few books is how I discovered this silly hobby in the first place.
You know you all saw that double bass reflex box in Weem's Speaker design book and considered building one at some point.
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