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The company calculated that annual sales of $45 million would allow each store to break even, and with sales of $65 million they could be as profitable as rivals, if not more so. Sell-side analysts estimated that 60 Incredible Universe stores could generate $4 billion in annual revenue, far more than Radio Shack's $2.8 billion in fiscal year ...
RadioShack (formerly written as Radio Shack) is an American electronics retailer that was established in 1921 as an amateur radio mail-order business. Its original parent company, Radio Shack Corporation, was purchased by Tandy Corporation in 1962, shifting its focus from radio equipment to hobbyist electronic components sold in retail stores.
In 1963, Tandy changed its business to electronics when it acquired control of RadioShack, a forty year old electronics business with nine stores and a mail order arm. From 1963 to 1986, RadioShack grew to more than 6900 stores and dealers in the United States, with a further 2,100 stores and dealers in Canada, Europe and Australia.
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Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, electronics retailer RadioShack (NYS: RSH) has received a ...