W9NES
Member
Wall street journal is reporting the Radio Shack will be closing 500 stores. Sounds like Radio Shack is trying to cut some stores that are not making money.
*Radio Shack Store Closing Thread* All posts about Radio Shack closing go here.
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scannerdaddy
Member
RS is BS!!
rapidcharger
Member
®®
Someone should tell them that their logo is actually just the registered trademark symbol and it looks dumb.
Someone should tell them that their logo is actually just the registered trademark symbol and it looks dumb.
Darth_vader
Member
- Joined
- Apr 5, 2013
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Yeah, that's basically what I said when they first started using that "logo" about 15 years ago!
Ha ha ha
AZScanner
Member
I'll always have a soft spot in my heart for Radio Shack. Purchasing my first programmable scanner and a copy of Police Call is a very fond memory of mine. Also, I got to meet Gene Hughes, George Switlyk and Rich Barnett along with Paul Opitz over at their Fort Worth headquarters when we pitched the idea of adding a CD-ROM to the Police Call product line up. That was literally a dream come true and it wouldn't have happened without Radio Shack. It's sad to see them declining, but it's also a sign of the times. Much like our beloved Police Call books, the internet has pretty much been the final nail in the coffin for the Shack. It was fun while it lasted.
-AZ
-AZ
They also made 'radioshack' all lower case and white on a black background. With the new logo, radioshack should be on its way to profitability.
(Actually, I like the new logo considerably better than the old one)
I very much liked the old Radio Shack. But that was 40 years ago! I used to buy a new Police Call every year (even though it didn't seem to change much). I bought a lot of other stuff, too-- expensive stuff. But, yes, the internet has pretty much stolen radioshack's thunder. The shack hasn't adapted well.
troymail
Silent Key
When I was a kid growing up in Baltimore City, I used to love riding my bike and going into Radio Shack (it wasn't close to my house). In fact, I was always under the impression then that right after Christmas or the start of the new year (right or wrong) that they had a huge sale and that was always a good time to look for new "toys" (scanners, etc.). Nowadays, when I think I might go there, I always know exactly what I want to buy (actually, that's me in general - I'm not a "shopper") and I go get it, pay for it, and get out.
I haven't had that "candy store" feeling about a store in a long time -- until last month when I drove to HRO in Woodbridge VA to pick up a 536.... I was like "wow, all this stuff in such a small store!" If I hadn't already spent $660, I would have been all over that store checking out the inventory! I'm dying to go back and almost did last weekend...
I'd like to see my local Radio Shack become an HRO!
:lol:
I haven't had that "candy store" feeling about a store in a long time -- until last month when I drove to HRO in Woodbridge VA to pick up a 536.... I was like "wow, all this stuff in such a small store!" If I hadn't already spent $660, I would have been all over that store checking out the inventory! I'm dying to go back and almost did last weekend...
I'd like to see my local Radio Shack become an HRO!
:lol:
w2xq
Mentor
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Bump. Catching up with reading, I see $RSH closed at $1.33 on Friday. Close to all time low of $1.31 and it looks like creditors are still making store closings and restructure difficult. Comments are so bad that I am leary of bottom fishing even at this "fire sale" share price. A shame, a far cry from the store of 1975 that I worked for.
Bump. Catching up with reading, I see $RSH closed at $1.33 on Friday. Close to all time low of $1.31 and it looks like creditors are still making store closings and restructure difficult. Comments are so bad that I am leary of bottom fishing even at this "fire sale" share price. A shame, a far cry from the store of 1975 that I worked for.
w2xq
Mentor
Wirelessly posted (Moto Droid Bionic: Mozilla/5.0 (Linux; Android 4.4.2; en-us; SAMSUNG SM-P605V Build/KOT49H) AppleWebKit/537.36 (KHTML, like Gecko) Version/1.5 Chrome/28.0.1500.94 Safari/537.36)
The reason for the store closing numbers dance is due to the creditors' objections, legal mumbo jumbo with credit terms. $RSH management has lost control. Like other brick-and-morter chains, the real estate may be more valuable than the business itself. Obviously, regional economics and location, location, location come into play.
The reason for the store closing numbers dance is due to the creditors' objections, legal mumbo jumbo with credit terms. $RSH management has lost control. Like other brick-and-morter chains, the real estate may be more valuable than the business itself. Obviously, regional economics and location, location, location come into play.
True. My city opened a new non-franchise store this year, in a high rent mini mall so it remains to be seen how long they will survive. This store has chosen to offer to do cell phone and display repairs as well. 73, n9zas
Re: RadioShack Is Falling Apart
Simple repairs being available, without sending items to Texas, could be useful.
Sent via Tapatalk
Simple repairs being available, without sending items to Texas, could be useful.
Sent via Tapatalk
Radio Shack seems bent on self-destruction.
They spent a bunch of money on a Super Bowl ad that many people liked but that didn't do thing one to get a single person in to their stores. The main thing the ad did was emphasize how outdated Radio Shack's business model is. Can you say, "shoot yourself in the foot advertising?" Was that one of the least effective well-liked Super Bowl ads ever, or what?
They apparently needed a consultant to tell them the obvious, that they have too many brick and mortar stores. But how dumb did they have to be to announce the closing of stores beyond what is allowed by their agreement with investors without consulting with investors. Can you say, "how dumb can you be?"
The investors don't appear to disagree with the idea of closing stores. The investors just want their cut.
The question is not how low the stock is now. The question is what kind of stupid thing they're going to do next to make the stock go even lower.
Radio Shack is the epitome of a moribund company. The handwriting has been on the wall for many years.
They spent a bunch of money on a Super Bowl ad that many people liked but that didn't do thing one to get a single person in to their stores. The main thing the ad did was emphasize how outdated Radio Shack's business model is. Can you say, "shoot yourself in the foot advertising?" Was that one of the least effective well-liked Super Bowl ads ever, or what?
They apparently needed a consultant to tell them the obvious, that they have too many brick and mortar stores. But how dumb did they have to be to announce the closing of stores beyond what is allowed by their agreement with investors without consulting with investors. Can you say, "how dumb can you be?"
The investors don't appear to disagree with the idea of closing stores. The investors just want their cut.
The question is not how low the stock is now. The question is what kind of stupid thing they're going to do next to make the stock go even lower.
Radio Shack is the epitome of a moribund company. The handwriting has been on the wall for many years.
Of the 10 Radio Shack stores in the 50 mile radius on their website, I found ONE that had solder type PL259 connectors in stock, and they had a whopping TWO of them. They need to change their logo to CELL SHACK, or tell their managers how to stock. Oh, and they told me they no longer carry bulk (by the foot) coax cable. No 50 ohm coax to be found. Lots of cheap 75 ohm TV coax, but that was it.
I bought their two connectors and when the clerk said to come back soon, I told him since they no longer have anything of interest to me in stock, Id be shopping on Amazon from now on.
They did not have a single scanner in stock either. I looked.
I bought their two connectors and when the clerk said to come back soon, I told him since they no longer have anything of interest to me in stock, Id be shopping on Amazon from now on.
They did not have a single scanner in stock either. I looked.
ALL of their potential markets are already saturated. There are tons of other suppliers for us radio heads to get stuff from that will have things on our doorstep in a few days. RS would have to pull a rabbit out of a hat to survive, and I can't imagine what they could possibly do to prevent the inevitable collapse. I don't hate them, I just find no reason to go into a store anymore!
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