Started By
Message

re: Radio Shack files for Chapter 11. Closing up to 1/4 of Stores

Posted on 2/5/15 at 8:20 pm to
Posted by Rhino5
Atlanta
Member since Nov 2014
30963 posts
Posted on 2/5/15 at 8:20 pm to
End of an era. I've followed their stock with interest over the last year. They brought in a CFO who was a bankruptcy specialist and knew this was the end.

R.I.P RadioShack
Posted by MottLaneKid
Gonzales
Member since Apr 2012
4543 posts
Posted on 2/5/15 at 8:29 pm to
The last Radio Shack that I visited was back in 1989 in the Galleria Mall in Houston. I bought a quality digital thermometer. Haven't been in one since and I never see cars in the parking lot when I pass by.
Posted by 2geaux
Georgia
Member since Feb 2008
2756 posts
Posted on 2/5/15 at 9:04 pm to
Lost in the 70's name recognition. Who buys radios anymore? They don't even sell them. Anybody want a shack?
Posted by drizztiger
Deal With it!
Member since Mar 2007
47956 posts
Posted on 2/5/15 at 9:09 pm to
RS was great when you need to go buy some capacitors or transistors for something you were working on. 1 mile drive, $7 spent.

I have no clue how they stayed in business this long.
Posted by Kingpenm3
Xanadu
Member since Aug 2011
9924 posts
Posted on 2/5/15 at 9:16 pm to
quote:

2 points if you remember that company name.



Compaq?

Posted by FightinTigersDammit
Louisiana North
Member since Mar 2006
46425 posts
Posted on 2/5/15 at 9:25 pm to
Back in my radio days, I used Radio Shack headphones. Owned and wore out a couple of pairs of them over about ten years.
Posted by Napoleon
Kenna
Member since Dec 2007
74272 posts
Posted on 2/5/15 at 9:26 pm to
I used to go there almost every day for little electrical knick knacks. But Prime from Amazon carries everything and I can usually get ten for what one would cost at radio shack (talking resistors, diodes, capacitors and such)
Posted by chinhoyang
Member since Jun 2011
26064 posts
Posted on 2/5/15 at 9:27 pm to
The article I read said they sold out and that someone else would assume the stores.
Posted by Tiger Ryno
#WoF
Member since Feb 2007
108346 posts
Posted on 2/5/15 at 9:37 pm to
They were the six star plus of electronics stores
Posted by Crow Pie
Neuro ICU - Tulane Med Center
Member since Feb 2010
27776 posts
Posted on 2/5/15 at 9:43 pm to
Little know fact. "AutoZone" started out in Memphis area (Forrest City, AR was technically the 1st store) as AutoShack and Radio Shack sued them thus leading to AutoZone. Im sure Pitt Hyde thanks them daily for that lawsuit!!
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
53509 posts
Posted on 2/6/15 at 7:22 am to
quote:

When the iphone 6 came out you couldn't find them at Best Buy or the AT&T store around here. Radio Shack had like a dozen and my wife and I got ours the day it came out - no deposit, no nothing. And literally no one was in the store when we got them.



Same thing happened with me and the Xbox. I was able to find one a week before Christmas at Radioshack while every single other store (and Amazon) were sold out.

I just walked into the Radioshack five minutes from my apartment, was the only customer in there, and was out in a few minutes. Best kept secret for high demand things. The franchise stores should still be around though.

It sucks to see them go; however, they got away from what made them useful. They did it to themselves.
Posted by stout
Porte du Lafitte
Member since Sep 2006
182495 posts
Posted on 2/6/15 at 7:25 am to
quote:

Don't post a link or anything...



If he did that then people would realize his title is misleading. Only like 1/4th of all stores will close.
Posted by GoT1de
Alabama
Member since Aug 2009
5041 posts
Posted on 2/6/15 at 7:27 am to
quote:

2 points if you remember that company name.


Commodore?
Posted by bamafan1001
Member since Jun 2011
15783 posts
Posted on 2/6/15 at 7:54 am to
quote:

I was just telling my wife about this: Me: "Hey I saw Radio Shack filed bankruptcy today." Her: "That's crazy, I can't believe they're closing." Me: "When was the last time you went to a Radio Shack?" Her: "Oh."


This made me laugh
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
20157 posts
Posted on 2/6/15 at 8:16 am to
quote:

Radio shack screwed up when they stopped hiring knowledgable sales persons. Radio shack sales people used to be able to tell you how to build things, and could diagnose problems and sell you the appropriate parts to fix said problem. Then those folks all were let go/ retired when they reimaged the chain back in the early 00s. I've been frustrated every time I've gone in one in the last 10 years


THIS. I am not sure why they don't go out and find old retired engineer types to work there who can speak knowledgeably (sp?) on electronics and then also hire kids who can diagnose/fix cell phones and computers. Turn the stores into a national chain of fix-it/parts supply for everything electronic. That and keep the cell phone sales that have apparently been keeping the lights on. I think RS could easily crush all of the local cell phone repair storefronts. Of course, now I sound like an evil corporate WalMart executive.
Posted by MrLarson
Member since Oct 2014
34984 posts
Posted on 2/6/15 at 8:19 am to
quote:

Radio Shack


Almost as bad as shopping at Ace Hardware.
Posted by fatboydave
Fat boy land
Member since Aug 2004
17979 posts
Posted on 2/6/15 at 8:32 am to
They are going the way of Circuit City. Probably have a store front name on the web only.
Posted by Hu_Flung_Pu
Central, LA
Member since Jan 2013
22543 posts
Posted on 2/6/15 at 8:44 am to
Went in to help my mom get my brother a phone. He wanted a S5. Got there and they had them for 199. Amazon had them for .01. I told her to wait and get it from Amazon. Well the employee overheard me and said they are having a S5 sale tomorrow. I said alright and then told my mom to just do that and the employee came right back and said they didn't have any S5's in stock and won't get them till about a week and a half.
Posted by USMCTiger03
Member since Sep 2007
71176 posts
Posted on 2/6/15 at 8:52 am to
It's a good place for me to get obscure electronic parts for my projects. Usually.
Posted by 79
Welp...
Member since Aug 2013
1046 posts
Posted on 2/6/15 at 8:54 am to
quote:

When's the clearance blowout sale


Yup, I'll be keeping a close eye on this one. May even have to stop by the one by my house more often.

I'm sure they'll like me going in there now.
first pageprev pagePage 3 of 4Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram