Posted on 02/02/2015 1:46:48 PM PST by raccoonradio
Radio Shack has been selling communication equipment since 1921, but according to Bloomberg, the retail chain will not be celebrating a 100th birthday. As part of a bankruptcy deal, RadioShack Corp. will be shutting down their entire chain of 7,000 tech stores, half of which will be reportedly sold to Sprint. According to the report, RadioShack locations that are sold to Sprint would operate under the wireless carrier’s name, meaning RadioShack would cease to exist as a stand-alone retailer. RadioShack received a rescue financing package from Standard General LP in October, and the hedge fund would serve as the lead bidder in a filing and provide debtor-in-possession financing after filing, said the people. That would allow the investment firm to recoup some of the costs of the $535 million loan. Liquidating the stores also would let RadioShack avoid a battle with lenders over control of the company.
Sad part is that the clerks don’t know cell phones — at least not the ones in my neck of the woods. The guys at the local Sprint store, on the other hand, are very helpful.
Ohm is something we chant now, as farad it goes
Bummer, where am I going to run to to buy a way overpriced cable or adapter on Sunday I JUST HAVE TO HAVE NOW?
Frys is only in nine or ten states but you can order via their website, etc
Just the other day I was looking at a box of vacuum tubes I have. I should try to sell them on ebay.
Badly.
1) I already know about those places. Thanks anyway, though.
2) They're great. You can have your parts tomorrow!
3) Some times, you need your parts TODAY.
I order them online. Radioshack has had a pretty limited selection of electrical components for quite a while anyway. I mostly stopped going there when they started bugging you about giving them all your personal information every time I wanted to buy a battery or a roll of wire.
It’s about time. They’ve been circling the drain for 20 years.
Any third world dictator still using 1970s era Soviet military hardware would be interested...
I think a Tandy 486 or something was the first “affordable computer” to have a built-in CD player or something. I could be wrong though,
Joining Woolworth, W.T. Grant, Lit Brothers, A&P, Horn & Hardart. Soon to be joined by Sears.
I worked at Sears 40 years ago in part to make money to buy ham radio supplies at Radio Shack. My grandson will feel the same about today's stores 40 years from now, if there is still an America.
It really does.
If not, I'll have to improvise, adapt, and overcome.
Yes, we used to have a local electronics parts store for hobbyists and hams, but the guy retired about 20 years ago. He had practically anything you needed.....................
Guess the marketing boss didn’t get the memo. Facepalm.
Best Buy will gladly overcharge you for your cable.
I’ve been using Digi-Key for a long time now. Maybe 20 years. They ship the same day and the prices are good. Sometimes the product description leaves something to be desired, but for the most part it is all good.
....Or even a droid.
See #74.
I’ll make it work. That’s why they pay me the big bucks ...
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