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Message

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

Posted on 2/6/15 at 8:57 am to
Posted by lsu480
Downtown Scottsdale
Member since Oct 2007
92903 posts
Posted on 2/6/15 at 8:57 am to
That is too bad, tons of people will be out of work.
Posted by stout
Porte du Lafitte
Member since Sep 2006
182496 posts
Posted on 2/6/15 at 9:01 am to
quote:

That is too bad, tons of people will be out of work.




It bothers me that OP won't change his thread title even though several people have pointed out that it is wrong.


quote:

Under the deal, Standard General would acquire between 1,500 and 2,400 RadioShack stores and partner with wireless operator Sprint Corp. to operate as many as 1,750 of the outlets, RadioShack said Thursday.




Looks like only about 1/4th or so of all stores will actually close.
This post was edited on 2/6/15 at 9:01 am
Posted by 79
Welp...
Member since Aug 2013
1046 posts
Posted on 2/6/15 at 9:06 am to
Yeah, that is pretty tough.
Posted by dewster
Chicago
Member since Aug 2006
26608 posts
Posted on 2/6/15 at 9:07 am to
quote:

They were a really fun store back in the day.



They used to have the coolest remote control cars back in the early 1990s.
Posted by Goldrush25
San Diego, CA
Member since Oct 2012
33963 posts
Posted on 2/6/15 at 9:08 am to
Store has served no purpose for the past 10 years.
Posted by dewster
Chicago
Member since Aug 2006
26608 posts
Posted on 2/6/15 at 9:11 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.

You can get solid advice and sometimes even help with an automobile problem at an Autozone store.

Radio Shack employees used to be able to do that with consumer electronics. Now they just sell phone accessories, chargers, and batteries....which basically puts them up against Target and Wal Mart (both of which are cheaper and often easier to find).
Posted by lsu480
Downtown Scottsdale
Member since Oct 2007
92903 posts
Posted on 2/6/15 at 9:12 am to
quote:

It bothers me that OP won't change his thread title even though several people have pointed out that it is wrong.



Some people think that if a company files for BK it always means they are going out of business completely.
Posted by stout
Porte du Lafitte
Member since Sep 2006
182496 posts
Posted on 2/6/15 at 9:18 am to
Yea they don't understand the differences in Chap 7 vs 11.
Posted by anc
Member since Nov 2012
20614 posts
Posted on 2/6/15 at 9:18 am to
quote:

Some people think that if a company files for BK it always means they are going out of business completely.



And some people heard the story on the car radio and it was misinterpreted by the OP.
Posted by Hammertime
Will trade dowsing rod for titties
Member since Jan 2012
43031 posts
Posted on 2/6/15 at 9:26 am to
Every worker I've seen at any Radio Shack in the past 15 years has been under 25, so they shouldn't have a hard time with being let go
Posted by stout
Porte du Lafitte
Member since Sep 2006
182496 posts
Posted on 2/6/15 at 9:34 am to
I think we should all shop at radio shack and pay higher prices so people can keep their jobs.

Who's with me? O&G guys? Anyone?
Posted by 79
Welp...
Member since Aug 2013
1046 posts
Posted on 2/6/15 at 9:35 am to
quote:

Some people think that if a company files for BK it always means they are going out of business completely.


But is it safe to say that a lot (if not most) of the stores will close? I read some will be turned into Sprint stores but IDK if the current employees will be just absorbed into Sprint or if they will have to go through the interview stages.
Posted by USMCTiger03
Member since Sep 2007
71176 posts
Posted on 2/6/15 at 9:41 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

Exactly. The local Ace Hardware stores seem to have embraced this strategy with great effectiveness. Knowledge and customer service is the only way to fight the big box stores.
Posted by htownjeep
Republic of Texas
Member since Jun 2005
7801 posts
Posted on 2/6/15 at 9:43 am to
quote:

Am I the only one that is surprised they lasted this long.

This morning while we were getting ready I heard this on the news and the first thing I said the her was "I'm surprised this didn't happen 10 yrs ago."
Posted by McLemore
Member since Dec 2003
35331 posts
Posted on 2/6/15 at 10:51 am to
I flipped thru the four pages of this thread and must've missed the mention of the Amazon deal in works.

LINK
Posted by Chimlim
Baton Rouge, LA
Member since Jul 2005
17773 posts
Posted on 2/6/15 at 10:57 am to
I went into a Radio Shack a few months back. The prices were outrageous. I'm honestly shocked they've lasted this long. They used to be the only place you could get some cables for your stereo, or TV or something. But now, you can find any cable you need online for 1/2 the price.
Posted by chrome_daddy
LA (Lower Ashvegas)
Member since May 2004
2565 posts
Posted on 2/6/15 at 11:17 am to
I got my start in computers with the Shack. Sold a bunch of them via Tandy Biz Products in the mid-80's on Florida Blvd. Learned how to sell, great commissions!

Those were the days. Now computers and electronics are all commodities that everyone knows something about.
Posted by Joehat
New Orleans West
Member since Jun 2011
1099 posts
Posted on 2/6/15 at 9:31 pm to
Amazon could buy RS and make AMAZON electronic stores.
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