Posted on 03/04/2014 5:08:26 PM PST by kingattax
There will soon be about 1,100 fewer places to buy batteries.
RadioShack said Tuesday that it plans to close up to 1,100 stores, or about a fifth of its U.S. locations. The news came as the retailer reported a wider quarterly loss after a disappointing holiday season. Its stock tumbled 16 percent in afternoon trading.
CEO Joseph Magnacca said the closings would leave the company with more than 4,000 U.S. stores. That's still far more than Best Buy, which has roughly 1,400 U.S. locations, and makes RadioShack stores nearly as common as Wal-Mart.
RadioShack didn't immediately identify which stores will close or how many jobs would be affected. A call to the company, based in Fort Worth, Texas, was not returned.
The closings represent just the latest setback for RadioShack, which is fighting to update its image and compete with the rise of online and discount retailers.
Long known as a destination for batteries and obscure electronic parts, RadioShack has sought to remake itself as a specialist in wireless devices and accessories. But growth in the wireless business is slowing, as more people have smartphones and see fewer reasons to upgrade.
(Excerpt) Read more at abcnews.go.com ...
Where will the hobbyists go now, other than the Web?
I still have my Radio Shack analog Stereo Watt Meter, 200 Watt version. Had it for almost 30 years now and it still works!
Where will the hobbyists go now, other than the Web?
Radio Shack DX-160 Shortwave Receiver. Best back then, still highly sought after today. What a great receiver!
Oh. A keyboard. How quaint.
Surface Mount Technology has literally killed hobbyist electronics. Raspberry Pi devices have a nice niche today, but that’s not enough to build an entire business around.
Add a couple LEDs and they make swell creepy blinking eyes in the bushes for Halloween.
You have that right.
Myself and at least a dozen other people I know all say the same thing... "whatever happened to the old Radio Shack?"
My brother got that exact same football game for Christmas in 1982... I got the Soccer one. We still have them... and they still work.
Well, there are those battery holders that you have to wrap a rubber band around to force it into contact with a battery.
In its "hay day" RS sold ICs for six times the price you could get the same ones elsewhere. They were always for use in a "builder's emergency".
They do have one thing of quality I haven't found anywhere else: a five-way binding post that plugs into a banana jack.
-PJ
http://www.youtube.com/watch?v=P4XU6A7AWbg
Radio Shack, spoof of the B52’s Love Shack, by Guns n Moses
“I’m a dork, my best friend’s a TRS 80...clip on ties!
Geeky guys!”
Surprising if they do not. But Amazon also had part in killing RS. http://www.amazon.com/RASPBERRY-MODEL-756-8308-Raspberry-Pi/dp/B009SQQF9C
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