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The number of items carried was cut from 40,000 to 2,500, as Tandy sought to "identify the 20% that represents 80% of the sales" and replace Radio Shack's handful of large stores with many "little holes in the wall", large numbers of rented locations which were easier to close and re-open elsewhere if one location didn't work out.
The Source (Bell) Electronics Inc., doing business as The Source ( French: La Source ), is a Canadian consumer electronics and cell phone retail chain. The chain goes back over 50 years in Canada, initially as Radio Shack and later as The Source by Circuit City. The Source is now owned by BCE Inc., which purchased the assets of InterTAN from ...
The company calculated that each store would break even with $45 million in annual sales, and $65 million to be as profitable as rivals or more so. Sell-side analysts estimated that 60 such Incredible Universe stores could have $4 billion in annual revenue, far more than Radio Shack's $2.8 billion in fiscal year 1992. [3]
RadioShack, which filed for bankruptcy for the second time last week, is closing 36 percent of its total stores.
Just for Feet – bankrupt in 1999, acquired by Footstar, final stores closed in 2004. MC Sports – filed for bankruptcy and closed in 2017. Modell's Sporting Goods – first store opened in 1889. On March 11, 2020, the company filed for bankruptcy, and announced it would close all 115 stores.
Model 100 line. In addition to the above, Tandy produced the TRS-80 Model 100 series of laptop computers. This series comprised the TRS-80 Model 100, Tandy 102, Tandy 200 and Tandy 600. The Model 100 was designed by the Japanese company Kyocera with software written by Microsoft.
With fewer than 100 stores, far fewer than the aggressively expanding Radio Shack's thousands of local outlets, Lafayette Radio remained more of a dedicated enthusiasts' store than a mass marketer. The company was also hurt by the advent of electronics retailers relying on aggressive marketing techniques and competitive pricing in the late 1970s.
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