Tag Archives: RadioShack

RadioShack franchises expand in wake of corporate bankruptcy

(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.[…]

Continue reading at Twice.com.

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.

RadioShack auction includes a number of shortwave radios

Many thanks to SWLing Post contributor, Kim Elliott, who shares a link to this RadioShack auction:

UBid Estate & Auction Services LLC

ICONIC RADIOSHACK MEMORABILIA AUCTION
From humble beginnings in Boston in 1921, over the past 95 years RadioShack established itself as a globally recognized leader and the go to retailer for consumer electronics. RadioShack has always been known as the place for answers to the American public’s technology and electronics questions. “You’ve got questions, we’ve got answers.”

Over the years, RadioShack introduced consumers to exciting and affordable gadgets and electronics that have become household items. As we cleaned out our historic archives in Fort Worth, Texas, we uncovered a cache of iconic memorabilia in 12 huge safes, including: unused original TRS-80 Microcomputers, Realistic Transistor Radios, Tandy computer software games, original brick cell phones and so much more. We all remember coming into RadioShack whether it was for the battery-of-the-month, new walkie-talkies, or to check out the newest RC toy cars. Now we reintroduce many of those nostalgic items and more with our rolling online memorabilia auction.

Click here to view the auction items.

Allied Shortwave Receiver

I must admit, it would be fun to own a few of these new-in-box/unused RS items. Besides the shortwave radio offerings, I used to drool over the TRS-80 systems.

I still own my original Tandy Color Computer 2 (the “Co Co 2”). Someday, I plan to hook it up and show my kids what a proper volatile memory meant–turn it off and the memory is wiped clean! I remember how revolutionary the cassette tape was–it changed my world!

No doubt, these RS offerings will fetch top dollar. Even though it’s still early in the auction, many items already have a rather high price and all of them have a soft closing:

“The closing time of this lot will be extended by 2 minutes if a bid is placed on this lot in the last 2 minutes.”

Most, if not all, of these auctions end on July 3, 2017. I doubt I’ll bid on anything…still…I’m enjoying the stroll down memory lane.

More RadioShack store closing details including dates

Many thanks to SWLing Post contributor, Dave Zantow (N9EWO), who writes:

Here is a very interesting PDF legal document (via Prime Clerk) that not only has the “COMPLETE” RadioShack store list that are closing by early April (Tranche One and Two) but with important dates given.

Click here to download Docket 98-2 (PDF).

(more info: https://cases.primeclerk.com/generalwireless/Home-DocketInfo)

Yes, sadly the store I worked in for over 8 years is closing by (before) April 6th when this store will become Sprint only. Being in a Mall , its funny it was not closed in the first bankruptcy ?? It’s been in that spot since late 1981.

Many thanks, Dave. As I mentioned in this previous post, poor RadioShack is all but dead for us hobbyists and Makers–one last chance to grab some closeout deals before the retail outlets become Sprint stores.

List of RadioShack Stores Closing Soon

(Source: The Consumerist)

RadioShack is, once again, bankrupt and all of its locations that aren’t being converted to Sprint stores are potentially on the chopping block. A new court filing has finally revealed which of the nearly 200 Shacks will be closing in the immediate future. Update: We also have the list of 365 more RadioShacks that are either already holding store closing sales, or are candidates for the next round.

Below is a sortable list (click on any column header), taken from a filing with a federal bankruptcy court in Delaware, of all the RadioShack locations expected to be shuttered by the end of March.

Click here to view the full sortable list at The Consumerist.

Our local RadioShack is not closing according, to this list and the employees at the store. However, it sounds like the store will simply become a Sprint mobile phone retailer, thus everything that made RadioShack a convenience for us Hams, Makers and Tinkerers (local availability of components and parts) will disappear with the store renovation.

Last week, I purchased a few connectors and components at half price. I also snagged this new Makeblock mBot Kit for $63 tax included (as a comparison, $94 at Amazon). I had been looking for a small programable robot kit for my daughters–so far, I’m very impressed with the mBot!

Our local RS also had Arduino shields at half price.

The catch? No returns–all sales are final.

Last week, everything our store was 20% off, but many items were as much as 50% off retail price. According to our local RS store manager, prices will continue to fall as stock is entirely liquidated.

If you still have a RadioShack nearby, I believe it’s worth venturing out to check for bargains.

RadioShack files for bankruptcy

Many thanks to SWLing Post contributor, Dave Zantow (N9EWO), who shares the following news from Reuters:

RadioShack chain operator files for bankruptcy protection

(Reuters) – U.S. electronics chain RadioShack Corp filed for bankruptcy on Wednesday for the second time in a little over two years, faced with a challenging retail environment and an unsatisfying partnership with wireless provider Sprint Corp.

The Chapter 11 filing comes after RadioShack, owned by General Wireless Operations Inc, tried to revitalize its business by co-branding stores with the wireless carrier in an effort to compete against their largest rivals.

General Wireless, an affiliate of hedge fund Standard General LP that acquired the RadioShack brand in 2015, filed for a Chapter 11 reorganization and listed assets and liabilities in the range of $100 million to $500 million in the U.S. bankruptcy court for the Delaware district.

RadioShack will close approximately 200 stores and will evaluate options on the remaining 1,300, the company said in a statement.[…]

Click here to read full article.