Tag Archives: RadioShack

RadioShack prepares for bankruptcy

1280px-RadioShack_Exterior_Modified

(Source: ARS Techinica via WSJ)

“It’s a move many have predicted for some time: RadioShack is probably going to file for bankruptcy protection.

According to a Wall Street Journal report citing unnamed sources, the cash-poor retailer could submit its filing as soon as February 2015. A RadioShack spokesperson e-mailed Ars to say, “We decline to comment except to say that RadioShack has not confirmed any of the information that is being reported.” The Texas-based firm did not deny the Journal’s report, however.

Bankruptcy protection wouldn’t necessarily mean that RadioShack intends to go out of business. Rather, it would mean RadioShack would be given a certain period of time to rebuild itself and shield itself from creditors.”

[Continue reading…]

On the positive side, I’ve heard from several readers that they’ve found deals at RadioShack on radios and components/soldering equipment recently. If you have a RadioShack near you, check in frequently.

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Mike’s mini review of the RadioShack Model 2000669 shortwave radio

RS-ShortwaveRadioRegarding the performance of the RadioShack Model 2000669 portable radio, SWLing Post reader, Mike, comments:

I picked one up today, and overall, I’m impressed. It does have complete coverage from 2.5 to 26.1 MHz as advertised, and overall, it has very good sensitivity and adjacent channel rejection for a small portable (in fact, the best I’ve heard from such). Sure sounds like some sort of DSP filter is involved. Reception is at least as good as my old Grundig Mini 300 and much, much better than a Degen DE22. Clipping an external long-wire antenna did not cause overloading (I was very surprised by this). AM BCB reception is actually quite decent: I was able to listen to several distant stations that were only 10 kHz from local ones. Audio is OK but not great, and the case does not stand up stably. I guess you can’t expect too much from a $30 radio. No case or earbuds are included.

By the way, if you go to a local Radio Shack store, be sure you get the internet price. We have two stores near my house; both had the radio marked as $39.99 instead of the $27.99 online sale price. The guys at the first store said “sorry, we can’t change the sticker price.” No sale. So, I went to the other store. When I pointed out the web price to the young women helping me there, she said, “this isn’t right” and called her manager over who overrode the store price with the cheaper one.

So, who makes this radio? Good question. The back of the case says “Custom manufactured in China for Radio Shack Corporation.” Maybe Tecsun?

Sounds like this may be a great portable for the glove compartment of a car, or to keep in your backpack/briefcase.

Thanks, Mike, and please share any other comments about this radio as you use it.

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New RadioShack portable AM/FM/SW radio?

RS-ShortwaveRadio

SWLing Post reader, Paul, points out this RadioShack model 2000669 portable radio and asks, “Is this a new RadioShack shortwave radio?

Very good question! Though I haven’t been inside a RadioShack in a couple of months, I’ve never noticed this portable on their shelves. In fact, I don’t even recognize the form factor  as a re-badged Tecsun or Degen.

Has anyone purchased the model 2000669 from RadioShack?

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RadioShack turnaround is ‘nearly impossible’

1280px-RadioShack_Exterior_Modified

Many thanks to Dave and Skip for sharing this article from the Wall Street Journal which highlights the struggle RadioShack faces this year: an effort to modernize before their stock value slips to zero:

(Source: The Wall Street Journal, Marketwatch)

RadioShack Corp.’s mounting losses amid declining sales have been widely covered in the media. The company’s misfortune has also inspired Wall Street analysts to slash their target price on the stock, with a range this year of $1 to $3 a share.

However, that changed on Wednesday after B Riley analyst Scott Tilghman, who already rates the stock RSH +0.87% a sell, lowered his price target to zero from $1 a share after the company on Tuesday reported another in a series of wider-than-expected losses. The company’s cash level also plunged. Chief Financial OfficerJohn Feray said Tuesday the company has enough liquidity to execute its turnaround over the next 12 months, and that it’s examining expenses from utility bills to ocean freight.

“We think survival is in real jeopardy” with the cash burn and lack of asset value, the analyst told MarketWatch.

Continue reading on WSJ’s Marketwatch.

 

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RadioShack to close 500 retail stores

RadioShackAdClipAfter serving up a comical, self-effacing Super Bowl ad on Sunday, RadioShack’s stock momentarily surged, only to plummet after RadioShack announced yesterday that they are to close about 500 of their 4,500 retail stores in the coming months.

RadioShack admitted through its ad that the retailer’s mindset had been “stuck in the 80s”–an outdated image to make way for “Do It Together” brand positioning. Now investors must be questioning if “The Shack” can thrive in a retailing environment dominated by online and big-box retailers.

While many radio listeners and amateur radio operators (like myself) miss the early decades of their retail offerings, RadioShack is the only chain I know of in the US that still carries shortwave radios on their shelves–an easy access point for newcomers to SWLing. I imagine part of RadioShack’s new brand positioning will eliminate legacy product lines as they are no longer as profitable as they once were.

Many thanks to Dave (N9EWO) for the tip. 

Click here to watch RadioShack’s Super Bowl ad on YouTube.

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Radio Shack promises to go back to its roots

Wow. Thank you to Make Magazine for pointing out the fact that, in an ad, RadioShack has recently re-committed to serve electronics hobbyists.

I remember, as a child, when I used to travel with my family on vacation–we would pass through a town and I would declare that it was “livable” when I verified that it had a Radio Shack. It was an ongoing family joke, but of course, there was some truth in there.

I lived for the new releases of the RS catalog each year.  I would plan my purchases and was eager to see when highly sought after radios and accessories would go on sale each month. My first pocket AM transistor radio was a Realistic (the RS brand name on their radios at the time). My first crystal radio kit came from RS. My first digital shortwave radio was purchased at Radio Shack. The local store manager knew me by name.

Most of all, though, Radio Shack  had an extensive collection of small electronic parts/components that I would use to build projects or repair my electronics. Long before the internet, RS was my lifeline.  Where else would I find a 2 cell AA battery holder, small incandescent bulb or tiny servo in my small rural town? Those were the days.

Times changed, though. In the past few years, RS has focused more on consumer electronics–especially mobile phones, computers and TV/Satellite services. I noticed that in corporate stores (not as much in locally-controlled franchise stores), the electronic components sections were getting smaller and smaller.

So, I believe we can thank the Maker community for RS’ new commitment to carry components for the hobbyist.

Okay, Radio Shack, let’s see you go back to your roots. Perhaps my home town will become “livable” once again? One can certainly hope.

 

 

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