*Radio Shack Store Closing Thread* All posts about Radio Shack closing go here.

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SOFA_KING

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Radio Shack is finally getting what is deserves for what I believe was a bad consumer business to begin with. I almost always had to "frown and bare it" when forced to pay excessively high prices on what was mostly cheaply made junk. Sure, some of what they sold was ok, but you paid a premium price above equivalent market value on similar items from other retailers. And why would you do that? Convenience, and I suppose falling for the massive marketing they did (if you were so inclined to be suckered in with that).

I always tried to wait and watch for sale prices on some of their better quality items, and those prices were really a "normal" price compared to other retailers. Other retail outlets lacked the local presence of "instant gratification". You paid a hefty markup for that, but cussed them out every time your solder iron quickly melted those way-overpriced junky Chinese made connectors! So when I look back at what was good about Radio Shack, I can't think of very much. I never liked them. And when Internet "almost convenient" shopping (a bit more than mail order catalog) leveled the playing field, the end was inevitable. The whole "cell phone store" angle was really the last bad decision they made that pushed them over the edge. That, and the discontinuation of many "convenient" items that electronic tech shoppers needed in a pinch. I won't miss them much at all. Now just a faint memory in my mind.

Lafayette, on the other hand, I miss very much. That was a relatively small chain outlet of reasonably priced, high quality goods. Those catalogs, especially the 1973 catalog (I consider the peek of the golden era), are very nostalgic to me. I always enjoyed shopping in those stores. Never felt "cheated" or "ripped off". Always got a good product at a fair price. That was my "candy store"...the stuff dreams were made of. And when I observed "the bigger fish" known as Radio Shack muscle in on Lafayette, I was angry, as even in my youth I could see that was not going to be good for Lafayette. And it wasn't. Gone were the days of fair local electronic sales convenience...and quality. That was the end of it right there. By the late 70's it was over.

So I do not weep for Radio Shack. No, I don't. I never liked their business model, and begrudgingly did business with them when I needed something fast for a quick project or emergency repair. Of the bigger items I did enjoy, those being a stereo receiver and a few higher spec stereo speakers, I waited until they were discontinued for a fair price. The only scanner I purchased was a 4 channel crystal-controlled pocket scanner for county fire department listening (on low band...love low band). I purchased a long low band duck (from Lafayette, I believe) for it that really improved reception. It was one of the only sources of pocket scanners back then. And I got that on a close out sale. Good scanner! Unfortunately, someone broke into my car and stole it back in the crackhead epidemic days. I would probably still have it today if that hadn't happened. One of the few "good item memories" I have of Radio Shack. The other a stereo receiver with a green LED frequency counter readout...before the days of PLL frequency steps and memory. That was somewhat short lived when an amp channel died.

Will we ever get back to the days when things were better balanced and we could afford convenience and quality? Or is "the American dream" dead forever? Offshored jobs to third world child (slave) labor countries, so corporations could multiply profits at the expense of selling out America, wasn't good for our country. You are now feeling the pain of more than just a Radio Shack shutdown. Now, that's a sad thing. And who is to blame? If you are greedy, and support those that are greedy, YOU are to blame. But even when all is failing around you, some of you will be denying it all to your grave. You may deserve what you get, but not everyone deserves that. Those that are fair, and act with a moral compass, don't deserve the demise of our country. That's the real sad story here, not Radio Shack.

Phil
 

bob550

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RadioShack was never a low price leader. At one time, it probably didn't have to be, as it was the only game in town for most people. But over the course of time, three things happened that changed that: the Internet, Walmart, and neophyte sales associates.

The Internet became a more user-friendly place to shop, the pricing was lower, and selection was better. It became hard to pass up for most shoppers. Sure, RadioShack had a website, but it offered the same stuff at the same prices as in their stores. That, and the site, technically speaking, ranged anywhere between an embarrassment and a disaster.

Walmart stocked all the "sexy" electronics RS did, but at much better pricing. Customers forgave the fact that the sales staff in the electronics department were generally as dumb as a box of rocks.

Which leads us to the final problem. RadioShack used to be a retailer that attracted its sales staff from the ranks of its customers. They were quite knowledgeable on a range of subjects, and the customers appreciated that very much. That knowledge added value to the products, and helped to partially justify the higher prices. In later years, however, sales associates were generally right out of high school, with "electronics" experience limited to cell phones and MP3 players. They'd just give a deer-in-the-headlights stare to any customer with even a rudimentary technical question.

So, that's my take on the subject as a 21-year ex-employee, a hobbyist, and long-time customer of RadioShack.
 

Rescue1

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I agree lots of things were junk but lots of things weren't either. Parts were parts with some exceptions and the convenience was there. Yes the internet is amazing but now we have shipping costs from mouser and the like which evens out the whole overpriced thing.


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Rescue1

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Same thing happened around me. There was supposed to be only 2 in my area staying open, both were a 30 minute drive but it was something. Now from what I gather every store in NJ is closing.


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bob550

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RadioShack has not been honest with its stores or employees. In late February or early March, every store in the company was sent the same shipment of clearance signage, including the "store closing" and fixture sales signs, regardless of their status. Non-closing stores were told to keep the closing and fixture signs in the back room, and display the rest. Stores that had no closing date were not told the truth! RadioShack was attempting to retain as many employees as possible to staff the stores. This allowed them to sell as much inventory as they could to pay off creditors. I now read elsewhere that some closing stores have been unable to even open their doors due to lack of staff. I would think, at this point, that all surviving employees are now actively searching for other employment, and are abandoning ship.
 

com501

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I suspect that this is the end, no stores will remain open. The best bet at this point is for one of those store liquidator companies to come in and sell everything, at all locations. RS is going to break any remaining location leases anyway. Best to just cut losses and close down.
 

tumegpc

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Our RS is offering $30 & $60 grab bags with 3 days left. I was told the bags have to tie closed in order to get the deal. Nothing left worth $30.00 unless you need stereo cables and connectors.
 

bob550

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I suspect that this is the end, no stores will remain open. The best bet at this point is for one of those store liquidator companies to come in and sell everything, at all locations. RS is going to break any remaining location leases anyway. Best to just cut losses and close down.

Apparently, RS is not interested in using a professional liquidator. I have no idea what their reasoning is for this decision, except that RS probably gets more of the money from these sales than by paying a liquidator.
 

bob550

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Our RS is offering $30 & $60 grab bags with 3 days left. I was told the bags have to tie closed in order to get the deal. Nothing left worth $30.00 unless you need stereo cables and connectors.

The RS website store locator allows you to filter the search results by "grab bag store".
 
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We don't have but one grab bag store in our area. I think I will stop by there on the way home. Some have been closed already. My local store is selling cabinets and show cases. They keep telling me the same thing claiming they are going to possible be saved by someone .LOL
 

hiegtx

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We don't have but one grab bag store in our area. I think I will stop by there on the way home. Some have been closed already. My local store is selling cabinets and show cases. They keep telling me the same thing claiming they are going to possible be saved by someone .LOL
Saved by another company? Maybe they are thinking of the Titanic?
 

NowhereMan66

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RadioShack has not been honest with its stores or employees. In late February or early March, every store in the company was sent the same shipment of clearance signage, including the "store closing" and fixture sales signs, regardless of their status. Non-closing stores were told to keep the closing and fixture signs in the back room, and display the rest. Stores that had no closing date were not told the truth! RadioShack was attempting to retain as many employees as possible to staff the stores. This allowed them to sell as much inventory as they could to pay off creditors. I now read elsewhere that some closing stores have been unable to even open their doors due to lack of staff. I would think, at this point, that all surviving employees are now actively searching for other employment, and are abandoning ship.

I thought he store at St. Clairsville, Ohio in the mall was to remain open but it closed.
 

bob550

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I thought he store at St. Clairsville, Ohio in the mall was to remain open but it closed.

Stores in enclosed malls, if that's what is was, are particularly vulnerable to closure, primarily due to the high rents. Anyway, the store employees probably also thought they were to remain open. At least until the point they were informed they were scheduled to close. In the last few weeks I worked for RS, and before we were officially closing, I had many customers ask me about the fate of the store. I always responded that I really didn't know, no matter what the company had said to us.
 
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