[ARC5] deathwatch for radio shack?

[J Mcvey via ARC5]

RS made a big mistake by trying to become a "phone store" at the expense of a more diversified product line.
It seemed that phones are all the staff knew about. Try asking for an audio cable and you will get a blank stare and a question like "what's an XLR ?".  

People are not building electronic projects like they used to, but there is a still a lot of 'audiophiles" and recording wanabees who want specialized audio equipment who could have been marketed to, for instance. This is what happens when a company has myopic management that fails to track consumer trends.   Everybody and their brother is selling phones!!
RS was a niche store that lost it's way. 

I feel bad for the franchise owners.



On Wednesday, September 24, 2014 11:18 PM, john rose <brokenthumb at live.com> wrote:
 


Around 2010 the Shack’s stock traded around $20 to $22. It closed today at 88 cents. Here are links to two articles on Marketwatch.com that tell the story.


http://www.marketwatch.com/story/is-radioshack-in-critical-condition-2014-09-22


http://www.marketwatch.com/story/radioshack-may-not-have-enough-power-to-recharge-its-business-2014-09-23


I have spent my share of time and money in the last 4 1/2 decades (OMG, I’m getting old!!). I even remember when you went there to buy a radio!! No longer. Many, many moons ago I picked up a couple of BC645s at a swap. The conversion information that came with them was published by, wait for it, Radio Shack of Boston. If the worst does come to pass, at least we might be able to stock up on some parts.
______________________________________________________________
ARC5 mailing list
Home: http://mailman.qth.net/mailman/listinfo/arc5
Help: http://mailman.qth.net/mmfaq.htm
Post: mailto:ARC5 at mailman.qth.net

This list hosted by: http://www.qsl.net
Please help support this email list: http://www.qsl.net/donate.html