Nope, the problems with Radio Shack began long before that
The original owners were two hams in the 1920s. They sold the business to Tandy Corp, a family based leather craft company. Tandy expanded in the 60s into Electronic crafts and two other embroidery craft business (Macramé, Beads and fringe). The second mistake they made was to expand the number of outlets without any good data. As a result, too many stores , too close together. In my area there are two Radio Shacks on Hwy 6 within a mile of each other. And five within 5 miles. THEN they had to find something to sell besides parts. They went after the cell phone market because it was a techhie device at the time. They did not foresee that it would become an appliance of everyday life. They held on to the parts business too long. Should have dumped it years earlier. Not enough margin to support all those stores. I mean, how much can you make on a ¼ watt 100 ohm carbon resistor? Any idiot can see they have too many stores. Why they didnt pull back is the real question. Better go get my RCA connector today. 73, Ron, K5HM <mailto:[email protected]> [email protected] <http://www.qrz.com/db/k5hm> www.qrz.com/db/k5hm Excelsior! From: BVARC [mailto:[email protected]] On Behalf Of Scott Medbury via BVARC Sent: Tuesday, February 03, 2015 5:58 AM To: 'BRAZOS VALLEY AMATEUR RADIO CLUB' Cc: [email protected] Subject: [BVARC] The Kiss of Death Radio Shack stock has been delisted by the New York Stock Exchange. Rumor has it that they will be closing half of their stores and selling the rest to Sprint. More proof that they have been dying a slow death ever since they made the decision to emphasize cell phones over the other products like components and hobbyist sector of their business where they had their roots. 73... Scott KD5FBA Scott Medbury 16802 Aprilmont Drive Sugar Land, TX 77498-1941 <mailto:[email protected]> [email protected]
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