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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.
Their TRS-80 (1977) and TRS-80 Color Computer ("CoCo") (1980) line of home computers were popular in the years before the IBM PC became commonplace, and had wide distribution in Radio Shack stores at a time when there were few computer stores. Tandy had 60 Radio Shack Computer Centers by 1980, and expected to have 250 Radio Shack stores that ...
RadioShack, which filed for bankruptcy for the second time last week, is closing 36 percent of its total stores. ...
By 1990, growth of Tandy Corporation's Radio Shack chain of electronics stores and Tandy personal computers had stalled. Incredible Universe was created with the intention to compete with rapidly growing electronics superstores like Circuit City, Best Buy, and CompUSA that were taking market share from Radio Shack. The company hoped that ...
Following the news that 2013 fourth-quarter sales were down by more than 20% from 2012, RadioShack announced that it will close 1,100 stores in the United States. The stock immediately fell by 24%.
By Nick Brown Electronics retailer RadioShack filed for U.S. bankruptcy protection Thursday and said it had a deal in place to sell as many as 2,400 stores to an affiliate of hedge fund Standard ...
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