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RadioShack, which filed for bankruptcy for the second time last week, is closing 36 percent of its total stores.
In 1970, Tandy Corporation bought Allied Radio Corporation (both retail and industrial divisions), merging the brands into Allied Radio Shack and closing duplicate locations. After a 1973 federal government review, the company sold off the few remaining Allied retail stores and resumed using the Radio Shack name.
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.
Incredible Universe. Incredible Universe was a chain of American consumer electronics stores from 1992 to 1997. A typical Incredible Universe was 185,000 square feet (17,200 m 2) of sales floor and warehouse, stocking around 85,000 items. [ 2] The operation was conceived by former Tandy CEO John Roach. Many internal corporate philosophies of ...
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 ...
RadioShack. Another mega company that can rouse up serious nostalgia for people who grew up buying all their electronics locally and in-store is RadioShack. The once tech sector giant, founded in ...
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 ...
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.