RadioShack’s loss widens

[WX5JCH]

RadioShack’s loss widens

The local RS store is funny. If something breaks
They say their not a RS store signs say different.

They say they know radios, I don't even go there anymore. Some kid asked me if I wanted a new cellphone, I told him were under contract with AT&T. He got mad so I left, spent my money elsewhere -never more...



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[UPMan]

Does their sign say "RadioShack" or "RadioShack Dealer". RadioShack Dealers are independent businesses who buy inventory from RadioShack and are licensed to used the store branding, etc. (many other rules).

In Elk City, the store listed as the local RadioShack Dealer is H&H Electronics.

 

[wbswetnam]

I worked for a RS franchise store for a year back in the mid 1980s. They dabbled in a wide variety of electronics items then too, including computers (but not software very much), cell phones, satellite TV, and of course radios and electronics parts. The mark-up on most items was about 35%... they did alright (as an employee I got a 10% discount ;-)) I think that RS has been the victim of the "showrooming" phenomenon which has sunk a lot of other brick-and-morter hobbiest stores.

 

[GB1952]

THEY HIRE YOUNG KIDS WHO DO KNOW A LOT ABOUT COMPUTERS AND PHONE BUT NOTHING OF SCANNER/SHORT OR HAM RADIOS AND DO NOT ASK THEM FOR A PL-259 OR BNC CONNECTOR YOU WILL GET A FUNNNY LOOK.MABE ITs JUST ME BUT IF YOU WORK SOME WERE YOU SHOULD KNOW A LITTLE SOMETHING ABOUT THE ENTIRE STOCK INVENTORY

 

[lep]

Maybe they know how to unstick the caps lock key??

 

[KF5YBZ]

I worked for a RS franchise store for a year back in the mid 1980s. They dabbled in a wide variety of electronics items then too, including computers (but not software very much), cell phones, satellite TV, and of course radios and electronics parts. The mark-up on most items was about 35%... they did alright (as an employee I got a 10% discount ;-)) I think that RS has been the victim of the "showrooming" phenomenon which has sunk a lot of other brick-and-morter hobbiest stores.

Speaking of the 80's... If you watch the superbowl tomorrow keep an eye out for a Radio Shack commercial. Another new marking campaign, lets hope it works this time! If anyone is so sure RS will go under, buy some put options and get rich. I see a spike coming on Monday, maybe 20%, followed by slight decline and leveling out for a while but hitting $5 at some point in 2014. Long call options are cheap right now...

 

[Anvil]

RS got so bad that I would hold up my phone (Like a cross to Dracula) to fend off the staff trying to sell me one when I walked in the door. Soon they outsmarted me and when I'd hold up my phone they would say "Do you need a new battery for that?"

 

[vstream02]

THEY HIRE YOUNG KIDS WHO DO KNOW A LOT ABOUT COMPUTERS AND PHONE BUT NOTHING OF SCANNER/SHORT OR HAM RADIOS AND DO NOT ASK THEM FOR A PL-259 OR BNC CONNECTOR YOU WILL GET A FUNNNY LOOK.MABE ITs JUST ME BUT IF YOU WORK SOME WERE YOU SHOULD KNOW A LITTLE SOMETHING ABOUT THE ENTIRE STOCK INVENTORY

Realistically how many people are buying that?

 

[Blackink]

Speaking of the 80's... . I see a spike coming on Monday, maybe 20%, followed by slight decline and leveling out for a while but hitting $5 at some point in 2014. Long call options are cheap right now...

The Radio Shack stock has spiked already, back on January 22nd with increased volume....and while the indices are going down these last few days, the RSH stock has held steady......

 

[Confuzzled]

Announcement that there will be 1,100 less places to buy batteries and cell phones but not radio parts.

Radio Shack closing 1,100 stores - Mar. 4, 2014

 

[N9NRA]

Announcement that there will be 1,100 less places to buy batteries and cell phones but not radio parts.

Radio Shack closing 1,100 stores - Mar. 4, 2014

No great loss, i say let `em go. N9NRA