Web sales have hurt them badly with respect to their old business of electronic parts. When you can to go an outfit like Allied Electronic or Mouser and get something out of an online, 1000+ page catalog, why Radio Shack any more, unless you are in a tearing hurry.
The AM radio for your Huffy with the banana seat. Just what I needed when I was 12 so I could listen to Rush Limbaugh, if he was around back then.
“When you can to go an outfit like Allied Electronic”
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I never was a fan of Radio Shack. In my early ham days, in the late 50s, I bought from the Allied catalog, or a local electronic parts distributor. Allied was later bought by Tandy/Radio Shack.