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RadioShack (formerly written as Radio Shack) is an American electronics retailer which was established in 1921 as an amateur radio mail-order business. Its parent company, Radio Shack Corporation, was purchased by Tandy Corporation in 1962, shifting its focus from radio equipment to hobbyist electronic components. At its peak in 1999, Tandy operated over 8,000 RadioShack stores in the United ...
RadioShack, which filed for bankruptcy for the second time last week, is closing 36 percent of its total stores.
Across the United States, a large number of local stores and store chains that started between the 1920s and 1950s have become defunct since the late 1960s, when many chains were either consolidated or liquidated. Some may have been lost due to mergers, while others were affected by a phenomenon of large store closings in the 2010s known as the retail apocalypse .
By 1990 growth at Tandy Corporation 's Radio Shack chain of electronics stores, and Tandy personal computers, had stalled. The company intended Incredible Universe to compete with rapidly growing electronic superstores like Circuit City, Best Buy, and CompUSA that were taking market share from Radio Shack. It hoped that customers would drive 40 miles to a store, so that one location could ...
Getty Images/Justin Sullivan RadioShack (RSH) may have scored a viral hit in February with its Super Bowl ad starring 1980s icons gutting one of its stores, but now it's going to need Hulk Hogan ...
Joe Raedle/Getty Images The only thing growing at RadioShack (RSHCQ) these days is its ticker symbol. The iconic small-box retailer of consumer electronics filed for bankruptcy earlier this month ...
Lafayette Radio Electronics Corporation was an American radio and electronics manufacturer and retailer from approximately 1931 to 1981, headquartered in Syosset, New York, a Long Island suburb of New York City. The company sold radio sets, Amateur radio (Ham) equipment, citizens band (CB) radios and related communications equipment, electronic components, microphones, public address systems ...
The Source began as the Canadian branch of Radio Shack (later "RadioShack"). The first Radio Shack store in Canada was opened on April 20, 1970, in Rexdale, Ontario. The chain was originally owned by Radio Shack's American parent company Tandy Corporation, but was spun off in June 1986, along with the rest of Tandy's international operations, as InterTAN. A licensing agreement with what became ...