(Source: Twice.com via Tom Hacker)
RadioShack’s second bankruptcy in two years may have brought its company-owned stores to the edge of oblivion, but it has apparently sparked a renaissance among the chain’s approximately 425 independent franchisees.
As Wisconsin dealer-owner PJ Kruschel explains, inventory is beginning to flow again, and the departure of the corporate stores has ramped up customer demand and unshackled RadioShack dealers from restrictions on expansion.
Kruschel, who will grand-open the country’s first post-bankruptcy RadioShack tomorrow in Baraboo, Wis., shared his observations in an email to TWICE, which we posted below with his permission:
“I’ve owned a RadioShack dealer store for the past ten years and just opened a new store a couple weeks ago. It’s the first new RadioShack since the latest bankruptcy. There is another store opening in Utah and a couple more in Tennessee coming in the near future, but I’m the first.[…]
Thanks for the tip, Tom!
This is encouraging news indeed and verifies what I’ve seen at the two RadioShack franchises I’ve visited since the bankruptcy. In both cases, they are serving the needs of a local community–their inventory and services have always included products and services the corporate stores weren’t allowed to offer. RadioShack franchises have always had more freedom to expand their offerings, but now it appears they can even expand their locations. Excellent news, I say.