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eHam Forums => Misc => Topic started by: K0OD on October 07, 2012, 07:35:33 AM



Title: Radio Shack Shares at $2. The Slide Continues
Post by: K0OD on October 07, 2012, 07:35:33 AM
Astonishing to me that Radio Shack stock has fallen to $2 a share amid an extremely strong stock market. At that price, delisting from the NYSE may be near. The stock is heavily shorted. Its fat dividend has been suspended. The CEO is out. Market cap values its stores at just $40,000 each. Balance sheet condition isn't dire... yet. RSH shares reached nearly $80 12 years ago.

Note that Best Buy is also struggling. They blame web competition for their problems. 

Two year RSH stock chart. There have been almost no upticks in the past two years:
http://finance.yahoo.com/q/bc?s=RSH&t=2y&l=on&z=l&q=l&c=


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: KG4NEL on October 07, 2012, 10:10:20 AM
12 years is positively ancient for RS - think about all the things people use on a regular basis that simply didn't have any market penetration in 2000.


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: WV9K on October 07, 2012, 02:08:23 PM
From my ongoing experience with rat shack, this is in no way surprising.

No more parts worthy of mention and absolutely clueless (and often obnoxious) sales droids / policies almost exclusively.

Only one rat shack I will still patronize when desperate (and not uncommonly disappointed with out of stock).

They dumped (on) their customer base (which, granted, seems to be decreasing with the dumbing down of the youth).

Disappointing to see where they are ending up from where they once were.


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: K0JEG on October 07, 2012, 04:35:33 PM

Note that Best Buy is also struggling. They blame web competition for their problems. 

I bought a tablet at BB a few weeks ago. The price was within $10 of Amazon, and I could pick it up at the store same day. Sales tax did bump up the price (along with eating lunch out instead of at home), but it was a fairly good experience. They really need to promote this service (buy online, pickup at the store) if they want to survive. I'll bet most people don't even know it exists.


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: KB4QAA on October 07, 2012, 05:39:16 PM
Well of course this is the regularly scheduled Radio Shack bashing.  I don't mind observations of the market, but the regular shoveling of manure gets tiring.

For what it's worth, My local RS is still operated by the same friendly and knowledgeable manager (for at least 12 years), who has even hired a couple former military electronics techs to fill out his staff.

I continue to find most of the parts i need and am even surprised by new items appearing.  As RS promised a couple years ago, the parts shelves were thankfully upstocked and robotic, computer and electronics kits also showed up in time for last Christmas.

Radio Shack is taking a beating, in a consumer market and electronics hobbiest market that has changed dramatically in the last 45 years.   I hope they hang on, but they can't force people to buy things or force them to have certain hobbies.

b.


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: K0OD on October 07, 2012, 08:39:22 PM
Quote
Well of course this is the regularly scheduled Radio Shack bashing

My point is that if you extend that inexorably declining stock chart down to zero, there may be no Radio Shack to bash very, very soon.

Can RS's business model be scaled from its current 5,000 stores to, say, a survivable 1,000 or less? A problem is that the Shack is highly vertically integrated. Often what they sell, they also make. So as their storefront numbers dwindle, their wholesale costs rise. They can sprinke in brand name products but then their traditionally fat margins will go to hell.

The $2 stock price and heavy short interest indicate that Wall Street sees RSH as "Game Over"    


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: KE4YOG on October 08, 2012, 05:17:40 AM


My point is that if you extend that inexorably declining stock chart down to zero, there may be no Radio Shack to bash very, very soon.

Can RS's business model be scaled from its current 5,000 stores to, say, a survivable 1,000 or less? A problem is that the Shack is highly vertically integrated. Often what they sell, they also make. So as their storefront numbers dwindle, their wholesale costs rise. They can sprinke in brand name products but then their traditionally fat margins will go to hell.

The $2 stock price and heavy short interest indicate that Wall Street sees RSH as "Game Over"    
[/quote]


Since when does Radio Shack make most of what it sales? At least around 20 years ago Radio Shack made almost zero of what they sale. When Tandy computers manufacturing was sold Radio Shack had got out of what it did make. I am not bashing Radio Shack. Radio Shack was good to me for 3 years after I got out of college. I made fair money and enjoyed the work but I got tired of not being able to take time off during Oct-Dec. It really cut into my hunting time. Radio Shack has made some dumb choices as far as product mix, personell issues and other things. It is sad to see a company that Charles Tandy built to slowly wither. Mr. Tandy knew how to make a business profitable. He of course died way before I worked for them but the same principals he ran the company by were used until Len Roberts was hired as CEO. That was the beginning of a slide of bad choices that has put the corporation where it is today.


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: FORMER_K0PD on October 08, 2012, 11:38:33 AM
The owner of the radio shack in my small city told me that radio shack is more concerned about selling phones annd they as dealers often lose money on the phone sales. There store is surviving because there more into stereos/music. There is one in the suburbs of larger city that seems to be doing quite well and has for years but there heavy into communications. I think radio shack the Corporation may fail but there are plenty of the store that will survive because they brought in business relevant to there area.


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: KJ6ZOL on October 08, 2012, 12:05:09 PM
The owner of the radio shack in my small city told me that radio shack is more concerned about selling phones annd they as dealers often lose money on the phone sales. There store is surviving because there more into stereos/music. There is one in the suburbs of larger city that seems to be doing quite well and has for years but there heavy into communications. I think radio shack the Corporation may fail but there are plenty of the store that will survive because they brought in business relevant to there area.

The RS in Roseville, CA, recently moved to a new location. They were located in a spacious store, with all sorts of neat stuff for sale, but that area of town is dying, so they moved out to East Roseville. Their new store mainly has phones, batteries, and a little bit of audio/video equipment and tiny sections for consumer electronics and soldering supplies. There's nothing worth going there for anymore. The RS's that make it after the corporation goes under will be either electronics hobbyist oriented or audio/video oriented. In California, Fry's Electronics has the hobby market tied up, and is making a big push into audio/video, which is not traditionally Fry's strong suit.


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: NK7Z on October 08, 2012, 06:41:18 PM
If I want a cell phone, I go to RS...  If I want parts, I go elsewhere...


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: KA1BIN on October 08, 2012, 10:46:01 PM
"Since when does Radio Shack make most of what it sales? At least around 20 years ago Radio Shack made almost zero of what they sale."

That was true in 1992, however, 30 years ago, in 1982. Radio Shack/Tandy Corp. made about 70% of EVERYTHING that you saw in the store.

The following is a pretty good history of Tandy manufacturing.....

In 1982, Tandy Corporation was one of the largest American Home consumer Electronics MANUFACTUERs in the US. They made A LOT of money from their 1977 introduction of Tandy Computers, a lot of money. Those early computers during the later 1970's and all through the 1980's were designed by Tandy Engineers and made in Tandy factories in the US and Mexico (just over the border from their Texas headquarters.)

If you were to walk into a Radio Shack Store in the 1980's here is what you would have found....

The fixtures in the store were made by Tandy Cabinets, they had a factory in South Carolina (I believe), later in the 1980's they bought O'Sullivan Furniture, that company had been in business for decades making "knock down" furniture like you would find in cheaper furniture stores like Sears.

When you looked at the pegboard wall that had those hundreds of audio patch cables and computer cables and rolls of antenna coax wire, they were made by Tandy Cable with a factory again in the South. When you looked at the big outdoor tv antennas, they too were made by Tandy.

When you looked at all those TV antenna amplifiers, and video switches, they were made by a company called Gavin Industries, Tandy bought this company in 1980, they had been around since the late 1950's, they were located in
Bridgewater, NJ. I was down there for 6 months around 1986 as a Tandy Engineer to help out on some new amplfier designs, I also as a Quality Control engineer designed the testing jigs that would be used in all the Tandy Warehouse's Quality Control departments.

When you looked at all those cordless telephones, they were made in a factory in the Phillipines- a jointly 50/50 owned factory with Uniden and Tandy. During the late 1980's, the Communist Guerrillas sometimes would shoot down onto the factory grounds. I'm glad that I never visited that factory.

This Tandy/Uniden factory also made most of the police scanners that Radio Shack sold.

In the late 1980's, Tandy along with Nokia open a factory, ownership was 50/50, this allowed Tandy the ability to manufacture some of the cellphones for sale by their stores.

When you looked at the Clock Radios, many were made in a Korean Factory owned by Tandy (Tandy Consumer Services) was the name of this factory. Before I left Tandy in 2001, I was a QC Engineer for this division.

When you looked in the store's back room and saw all those brown cardboard boxes with inventory that needed to be put out, the labels on those boxes said A&A International, this was the Trading Company that Tandy owned in Japan, that was responsible for buying and shipping any products that Radio Shack sold that WASN"T made by a Tandy factory.

When you made your purchase, the bag provided to you was printed by a Tandy Company. During the 1960's-1980's all those catalogs and mail fliers were printed on Tandy Presses.

When you looked at the Automotive Radio/Tape Deck Display Cabinet, the wiring harnesses and switching boxes were DESIGNED BY ME! in 1979 and built by Tandy cabinets.

As far as computers, all desktops were made by Tandy, the laptops were made by Sharp and a dozen other companies. In the early 1980's Tandy bought a PCB manufacturing factory, so they could increase the precision and output of good quality mulit-layer pcbs for their computers. They also bought GRID computer along with their factories in order to supply the Military with portable computers.
Tandy also at this time bought the manufactuer of some British computer maker so they could manufactuer computers for the European market. In 1983 or 1984,
Panasonic supplied computers to Eastern Airlines, Tandy made the computers and put the Panasonic nameplate on them.

Basically, when you walked into a Radio Shack store back then, 75% of what you saw was made by a Tandy-Owned factory.

Steve - KA1BIN


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: TANAKASAN on October 09, 2012, 10:09:44 AM
"Tandy also at this time bought the manufactuer of some British computer maker so they could manufactuer computers for the European market. In 1983 or 1984".

British computer manufacturers always were very few and far between and I'm not sure which company you're talking about here. Sinclair was eventually bought by Amstrad, ICL was bought by Fujitsu and Ferranti just died after a business deal went bad. Only one of them is still going, Acorn Computers who made the BBC Micro eventually became ARM and now make RISC CPUs. Apart from the really small outfits like Jupiter and Grundy that's it.

I grew up with the birth of the British computer industry in the 1970's and 1980's and I don't remember any takeover by Tandy / Radio Shack.

Tanakasan


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: KB4QAA on October 09, 2012, 03:23:24 PM
As we discussed last year, Radio Shack sold their factory in China in attempt to streamline and outsource small parts production.

About the only area they haven't tried to penetrate is the school age robotics and  'maker' interests.


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: KA1BIN on October 09, 2012, 06:54:52 PM
"Tandy also at this time bought the manufactuer of some British computer maker so they could manufactuer computers for the European market. In 1983 or 1984".

British computer manufacturers always were very few and far between and I'm not sure which company you're talking about here. Sinclair was eventually bought by Amstrad, ICL was bought by Fujitsu and Ferranti just died after a business deal went bad. Only one of them is still going, Acorn Computers who made the BBC Micro eventually became ARM and now make RISC CPUs. Apart from the really small outfits like Jupiter and Grundy that's it.

I grew up with the birth of the British computer industry in the 1970's and 1980's and I don't remember any takeover by Tandy / Radio Shack.

Tanakasan


I'll take a look and see if I still have my yearly reports. They did buy a small British home computer firm that serviced primarily the home market. I can just about picture the ads that they ran in the British hobby magazines.

Steve


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: AF7CS on October 10, 2012, 09:26:58 PM
Wanted to purchase an audio connector from RS. Didn't need full metal connector. At $ 4.50 each, too expensive. Clerk showed me a plastic backshell connector in a package, $ 4.50 for 2. Departed store without connector, but with lots of disgust.


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: K1CJS on October 11, 2012, 04:39:08 AM
If I want a cell phone, I go to RS...  If I want parts, I go elsewhere...

The shack's phones are overpriced too.  They try to keep up with the big retailers like Wal-Mart and Target--but they can't.  My family just got phones from Target--Verizon 4G--for a dollar each with the two year contract.  Radio Shack can't and won't touch that price.  No wonder why they're going under.  They ought to drop cell phones altogether and concentrate on home electronics like they used to.


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: KCJ9091 on October 11, 2012, 06:37:55 AM
So far RS has offered me the most trade in for my iPhone 4 towards the 5.  Of course no 5s in stock.  Nor are they Walmart, Best Buy, or AT&T.

If RS does go away it will mean a 40 mile drive through congested urban traffic to get to the next closest store that sells the same type of things.  Yes, $4.50 may seem high for a metal shell DB9 connector until you add in 80 miles worth of gas at current prices to get one for $2.99. 


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: WN2C on October 11, 2012, 09:48:06 AM
KA1BIN Steve, you forgot Radio Shack's short foray into Tech America. I worked in one in Az for about 6 months and boy oh boy did that store have every thing. The components area was as big as some Rad Shack stores. But alas, it didn't make any money either.

Rick  wn2c


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: KA1BIN on October 12, 2012, 12:49:26 AM
KA1BIN Steve, you forgot Radio Shack's short foray into Tech America. I worked in one in Az for about 6 months and boy oh boy did that store have every thing. The components area was as big as some Rad Shack stores. But alas, it didn't make any money either.

Rick  wn2c

God, Rick, I forgot about them.
I remember begging them to give me a copy of their monthly? sales flier.
I remember once that they had an Alinco (I think) 2 meter transceiver, it was about the size of a pack of cigarettes, but much thinner, I think that it outputed about 300 mW.

And the hand tools, they were actually good quality, made in Japan, I mean not like the junk Hong Kong and Korean tools stocked in the RS Stores. Later on, they did stock some of the "Tech" branded tools in the RS stores.

I remember hoping that they would open a Tech America store in Massachusetts, no luck.

Now that I think of it, remember the Incredible Universe? When that happened I thought Tandy Corp was out of their mind, I think Bernie Kopell was CEO at that time. Good ole' Bernie, he was my direct boss for a while when he was still only a VP. All of those Incredible stores made nice Home Depots when they went belly-up.

And lets not forget Computer City. At Fort Worth, whoever choose the locations of the Computer City stores must have been on a permanent high from drugs.
Almost EVERY Computer City in New England was opened within 1 mile of a Compusa Store! It was probably like that throughout the whole USA.

But them was the days, when Tandy stock was worth over $120 per share.

Here is a good one for you, talk about manipulating stock value....
Around 1991, Tandy bought a small R&D company that was trying to develope a reasonable priced RECORDING Audio CD unit. Tandy took out FULL PAGE ads in the New York Times, USA Today, and the Wall Street Journal. The ad basically shouted that Radio Shack and Tandy will soon introduce the World's First Recording CD deck. It was called THOR! (I ain't making this up, run a Google search). That ad drove the stock price up and up. Too bad Tandy never did introduce their THOR, from what I understand, the technology they bought didn't work.

Steve - KA1BIN



Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: K0OD on October 12, 2012, 08:25:39 AM
Quote
Wanted to purchase an audio connector from RS. Didn't need full metal connector. At $ 4.50 each, too expensive. Clerk showed me a plastic backshell connector in a package, $ 4.50 for 2. Departed store without connector, but with lots of disgust
.
Perfect example of why RS is running away from the hobbyist business. Over the past weeks I've read several articles in the financial press about saving RS and not one of them suggests stocking more small parts for hams. 


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: AE4RV on October 12, 2012, 08:42:27 AM
"Perfect example of why RS is running away from the hobbyist business."

Counterpoint:

Radio Shack is courting the Maker movement. ( http://www.raisinggeeks.com/blog/maker-movement/ )

http://blog.makezine.com/tag/greatcreate/
http://beta.fool.com/kobalt/2012/06/15/radioshacks-fate-part-iii-radioshack-meets-makers-/5767/
http://www.popsci.com/diy/article/2011-11/sponsored-post-radioshack-music-maker-diy-project
http://blog.radioshack.com/2011/05/19/the-shack-is-headed-to-maker-faire/
http://blog.radioshack.com/tag/great-create-2/

I'm going to make this project soon: http://blog.makezine.com/2012/10/05/monkey-hacking-on-weekend-projects/

73, Geoff


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: WN2C on October 12, 2012, 10:45:52 AM
You know, for all the Rad Shack bashing they do have an extensive list of components on the web site. May not be what you need but....just saying. This is what they went to after Tech America. I know, when I am looking for a part I want to be able to find it in a local store and pick it up not order it and have it shipped.

wn2c  Rick


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: KB4QAA on October 12, 2012, 02:40:56 PM
Wanted to purchase an audio connector from RS. Didn't need full metal connector. At $ 4.50 each, too expensive. Clerk showed me a plastic backshell connector in a package, $ 4.50 for 2. Departed store without connector, but with lots of disgust.
Your concept of 'disgusting' is rather odd.

$4.50 is too much, but $2.25 is STILL too much for a connector?  Huh?

Go across the street to the automotive store and price electrical connectors for trailers and such. 

Go figure out how much it is going to cost to buy that one connector with shipping from Digi-Key, Mouser, etc.   Figure out how much it would cost to drive to the next city which (MIGHT) have an electronics supply place.


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: KK4IKO on October 20, 2012, 07:45:53 AM
I have 2 RS stores in my area, one is a Tandy-run store which can only stock what Tandy sends them, or special order.  Not a bad selection of basic parts and components in store, but the staff is clueless about technical aspects.  The other store is a franchise where the stock is purchased by the the owner and resold.  Very limited, and mostly clueless.  Both are into phones big time.  I have one of their digital soldering stations that works well, and although RS has a limited selection of tips available, I discovered it uses one of the Hakko series of tips, which are available locally at an industrial supply house.

We used to have a Southeastern Electronics dealer, but he's gone.  I'm thinking internet parts and component dealers are pretty much in charge of the electronics component market, now.

Bruce, KK4IKO


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: N9LCD on October 20, 2012, 07:58:16 PM
Went to the local Shack a couple od days ago to get a 12-foot RG-6/U cable to hook-up our new cable box.

The cable:  $15.99

A THREE-YEAR WARRANTY FOR THE CABLE, a $1.49!!!!!!!!!!!

Maybe they're running out of people to fool!

N9LCD


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: K0OD on October 21, 2012, 09:26:01 AM
Quote
A THREE-YEAR WARRANTY FOR THE CABLE, a $1.49!!!!!!!!!!!

Best Buy will break your legs if you tell them you don't want their asinine extended warranty. Bought a HiFi receiver from them 10 years ago. It was in a huge heavy box. The salesman was going to help us wrangle it to checkout. When I told him I didn't want the warranty he disappeared.

Of course, that receiver is still working, as is the cable its connected to.  

Heck, we may be the last home with a CRT TV in our area. My wife hates it compared with modern sleek flat screen ones. But it refuses to die after maybe 20 years.


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: AD6KA on November 02, 2012, 07:53:40 PM
Quote
Best Buy will break your legs if you tell them you don't want their asinine extended warranty. Bought a HiFi receiver from them 10 years ago. It was in a huge heavy box. The salesman was going to help us wrangle it to checkout. When I told him I didn't want the warranty he disappeared.

That sounds like Best Buy.
A few years ago my sister bought a DVD player there.
She got it home, hooked it up and it didn't work.
She took it back and they were VERY patronizing
to her, saying she "probably didn't hook it up correctly".
My sister is very technically inclined and has a Masters
Degree in Computer Science. And hooking up a DVD
player is not rocket science.  So she says "Hook it up right
here and show me it works.
" They did and it didn't work.
She got a replacement, took it home, and IT didn't work.
Disgusted, she took it back and asked for her money back.
They processed the refund, but held back a %15 restocking
charge.
My sister says "How on Earth do you charge
a restocking fee on DEFECTIVE MERCHANDISE?".

The salesman said "That's the only way our system will
allow me to process it". She asked to speak to the manager,
who was at lunch. The Assistant Manager was useless and
just played with the system, trying to "force" the refund.
She was there an hour and a half to finally get the
complete refund. %15 of the price wasn't all that
much to haggle over, but it was the principle of the matter.

I know a lot of people who love to shop at Best Buy.
Maybe this incident was an aberration, but she told
everyone she knew about it. Bad things about a company
travel faster and are remembered longer than good things.
73, Ken  AD6KA


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: N0SOY on November 12, 2012, 09:08:49 PM
I always like RS but it is now not so much. 

Thier primary business has become celphones.  Every time I go in there is some welfare type trying to get a celphone and does not have the credit. An it is always the store clerk's fault.   It always ends up the same.  Those of us wanting to buy a part stand there with the part in hand waiting for a clerk, and waiting and waiting. 

I wish they would dump the celphones.  But it is not going to happen. 



Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: K0OD on November 13, 2012, 04:39:14 AM
Similarly, I was waiting to check out behind an old lady who had only come in to have her ancient RS brand alarm clock adjusted for the end of daylight time. She apparently did that twice a year.

When it became clear the process was going to take awhile, she demanded a chair be brought out from their back room so she could sit down.

Apparently the AARP Handbook says The Shack is the preferred source for solving all problems relating to electronics, and at no cost.


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: KCJ9091 on November 13, 2012, 06:15:18 AM
I always like RS but it is now not so much. 

Thier primary business has become celphones.  Every time I go in there is some welfare type trying to get a celphone and does not have the credit. An it is always the store clerk's fault.   It always ends up the same.  Those of us wanting to buy a part stand there with the part in hand waiting for a clerk, and waiting and waiting. 

I wish they would dump the celphones.  But it is not going to happen. 



HEY, They got me an iPhone 5 before either the ATT store of the Apple store could.  Rat shack has some redeeming qualities still. 

BTW, stock closed at $2.12, up a penny, yesterday.


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: K4JC on November 13, 2012, 09:40:42 AM
I was working for Lafayette Radio Electronics when they started going belly up in 1980. For many decades they were a chief competitor to Radio Shack and carried a lot of the same kinds of stuff that RS did. Laffalot also carried their own brands. By the late '70s Lafayette had become more oriented toward home stereo gear, dropping a lot of the hobbyist type products and focusing on brands other than their own. Most people point to that as the reason Lafayette went under (plus the economy was terrible.)

I see Radio Shack following a similar path. When was the last time you saw an "Archer" or "Realistic" branded product? Remember when you'd get the latest RS catalog and drool over the neat stuff you wanted but couldn't afford? People used to have a specific reason to visit RS. Now most people visit just because they happen to be in the mall. I'm pretty sure the average cell phone consumer doesn't immediately consider RS when they're in the market for the latest and greatest. Maybe we as hams do, but I'd bet if you asked 10 people at random where they'd go for a new phone, you'd hear, "Verizon store," "Sprint store," "AT&T store," and maybe some online retailer, but rarely would RS spring to mind. So The Shack is fighting for cell phone market share but not gaining much ground, ergo it's not surprising that their stock has fallen so low. Honestly, the only reason I go to Radio Shack anymore is because I happen to be in the mall, and then I'm only looking for super deals on clearance items (and chuckling when an employee changes my request for resistors into a sales pitch for a phone!)


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: W4NNF on November 22, 2012, 06:32:08 AM
Well, Rat Shack has tried to change with the times, if not in the way most of us would like. The Battery Club days are gone and are not coming back, I fear.  :(

That said, I'm basically OK with what is left. The local mall store has SOME parts. It is nice to be able to buy the simple things I might need on short notice like a coax connector, etc. and not have to wait for delivery. And, on my last visit, I was surprised to note the store had increased its parts inventory...


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: NK7Z on November 22, 2012, 08:28:35 AM
Well, Rat Shack has tried to change with the times, if not in the way most of us would like. The Battery Club days are gone and are not coming back, I fear.  :(

That said, I'm basically OK with what is left. The local mall store has SOME parts. It is nice to be able to buy the simple things I might need on short notice like a coax connector, etc. and not have to wait for delivery. And, on my last visit, I was surprised to note the store had increased its parts inventory...
I have heard that RS will be attempting to move into the hobby business again, not just Cell Phones...  I have noted an increase in Adreno kits, see: http://www.radioshack.com/search/index.jsp?kwCatId=&kw=arduino&origkw=adreno&sr=1.  I hope they stay in business long enough to make it back to where they were a decade ago...  I suspect that being a cell phone store is not going to put food on the table for the shareholders...


Title: RE: Radio Shack Shares at $2. The Slide Continues
Post by: K2ADK on November 22, 2012, 06:38:32 PM
Radio Shack is another victim of Verizon's selfishness and of its own managerial lack of direction.  I'm very concerned about this trend, because I rely on RS for cables, connectors, batteries, and such.

If anyone who works for Radio Shack is reading, here are some suggestions.

Start selling radios again.  Car radios.  Satellite radios; internet radios; HD FM / AM radios.
Get out of the cell phone business.  Best Buy has shown that it leads nowhere.
Get into sound design.  Do consulting in homes for people who want the best sound systems available, and install them.

That's a start.

Emmett
K2ADK