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(CNN)   Having successfully completed its diabolical plan to collect every phone number in America, Radio Shack to close 1100 stores   (money.cnn.com) divider line 12
    More: Obvious, Radio Shack, BBY  
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12 Comments   (+0 »)
   
 
2014-03-04 12:10:23 PM
So that multi-million dollar Super Bowl ad was for nothing? That's sad. It was a great bit of nostalgia.
 
2014-03-04 12:56:32 PM

scottydoesntknow: So that multi-million dollar Super Bowl ad was for nothing? That's sad. It was a great bit of nostalgia.


Except that I thought at first that they were bringing back the 80s style of store... That commercial acted like Radio Shack hasn't turned into a shiat hole in the last 20 years or so. God, that places used to rock, now it's like a mini Best Buy, doesn't even have people who know what they do or don't carry anymore. It's sad.
 
2014-03-04 01:01:15 PM
Just another business sacrificed at the altar of business models.
 
2014-03-04 01:03:45 PM
Of course, they'll make a fortune selling mailing lists and phone numbers to telemarketers and snail mail spammers. But then they won't have any new customers to sell. I am not sure they thought this business plan through.
 
2014-03-04 01:11:11 PM

Mikey1969: scottydoesntknow: So that multi-million dollar Super Bowl ad was for nothing? That's sad. It was a great bit of nostalgia.

Except that I thought at first that they were bringing back the 80s style of store... That commercial acted like Radio Shack hasn't turned into a shiat hole in the last 20 years or so. God, that places used to rock, now it's like a mini Best Buy, doesn't even have people who know what they do or don't carry anymore. It's sad.


This. It should be a mini Frys/hobby shop
 
2014-03-04 01:13:59 PM
What need does Radio Shack fill?

1) Computers and consumer electronics?  - Best Buy or Amazon are bigger and (even in the case of Best Buy) better.  Some places sell audio equipment, but anyone shopping for audio equipment would probably go to a dedicated audio outlet rather than Radio shack.

2) Phones - Most cell phone companies have brick and mortar stores in places you'd find a Radio shack.

3) Wires, dongles, and other connectors - most of the time when I go to Radio Shack for the item I'm looking for in this category, they don't have it and I have to order it online anyhow.

4) Electronic toys and Gadgets? - Most of the gizmos they display in there are from off brands, and most people would go first to a Target/Walmart/Toys R Us for toys of the same quality or better

5) Hobby supplies (transistors, soldering irons, etc) - I don't know too much about this crowd, but from the little bit of this kind of buying I do, I find that Radio shack has maybe half an aisle devoted to this stuff, and its the bare minimum.  Any serious enthusiast would either have a local store probably get what they needed online.

6) Expert advise?  HAHAHAHAHAHAHAHAH..... no

Radio Shack is on life support - the only thing keeping it going seems to be its brand name, which is probably in its last days.

((If anyone can give more info on what Radio Shack does, let me know, especially on #5))
 
2014-03-04 01:15:19 PM

Rwa2play: Just another business sacrificed at the altar of business models.


Business models of this sort come from people who went to college.  Colleges are full of communist professors.  Bad business models leading to failed private business?  Nope, didn't see that one coming.
 
2014-03-04 01:16:55 PM

Mikey1969: scottydoesntknow: So that multi-million dollar Super Bowl ad was for nothing? That's sad. It was a great bit of nostalgia.

Except that I thought at first that they were bringing back the 80s style of store... That commercial acted like Radio Shack hasn't turned into a shiat hole in the last 20 years or so. God, that places used to rock, now it's like a mini Best Buy, doesn't even have people who know what they do or don't carry anymore. It's sad.


Yeah.  I worked at RadioShack from 2003 to 2004 and they've definitely lost their ways.  They used to be a place where you could get electronic equipment and stuff to fix/tweak electronics.  Now they're just money whores peddling cell phones and satellite TV packages.  I think their fiscal numbers reflect how people feel about their business policies.
 
2014-03-04 01:17:54 PM
Haven't worked there once, part time during holiday season, I can very enthusiastically laugh at this headline.
 
2014-03-04 01:22:44 PM

Smeggy Smurf: Rwa2play: Just another business sacrificed at the altar of business models.

Business models of this sort come from people who went to college.  Colleges are full of communist professors.  Bad business models leading to failed private business?  Nope, didn't see that one coming.


Exhibit A of business models farking up a good thing was a local electronics chain called  "The Wiz" that was in NYC and parts of the northeast.  They had been in business for 25 years or so; Cablevision buys it, then decides to plan the stores around a business model, jacked up prices, remodeled all of their stores, etc.

Within 3 years the entire chain goes out of business.

Exhibit B: "Circuit City".
 
2014-03-04 01:30:38 PM
If I was the CEO of Tandy, I would be selling 3d printer kits using the TRS-80 name.
 
2014-03-04 02:54:58 PM

vonmatrices: ((If anyone can give more info on what Radio Shack does, let me know, especially on #5))


Every once in a while I run into a project where I need capacitors or PCBs or such. Radio Shack often has these in stock and is closer than Fry's, even if they are more expensive.

Their irons are for shiat, though.
 
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