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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.
With fewer than 100 stores, far fewer than the aggressively expanding Radio Shack's thousands of local outlets, Lafayette Radio remained more of a dedicated enthusiasts' store than a mass marketer. The company was also hurt by the advent of electronics retailers relying on aggressive marketing techniques and competitive pricing in the late 1970s.
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 ...
Micro Center is a subsidiary of Micro Electronics, Inc., a privately held corporation headquartered in Hilliard, Ohio. [17]Stores are sized up to 60,000 sq ft (5,600 m 2), stocking about 36,000 products across 700 categories, including major name brands and Micro Center's own brands. [18]
In 1970, the Tandy Corporation, Radio Shack's former parent company, purchased Allied Radio, the consumer division, along with Allied Electronics, the industrial division. [4] In 1999, Allied became the North American division of Electrocomponents. In 2016, Allied expanded into South America with a full-service office in Santiago, Chile, and in ...
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