{"id":12916,"date":"2015-04-06T07:16:30","date_gmt":"2015-04-06T11:16:30","guid":{"rendered":"http:\/\/swling.com\/blog\/?p=12916"},"modified":"2015-04-06T07:16:30","modified_gmt":"2015-04-06T11:16:30","slug":"a-blueprint-for-radioshacks-re-birth","status":"publish","type":"post","link":"https:\/\/swling.com\/blog\/2015\/04\/a-blueprint-for-radioshacks-re-birth\/","title":{"rendered":"A blueprint for RadioShack’s “re-birth”"},"content":{"rendered":"

\"RadioShack-StoreClosing-2\"<\/a><\/p>\n

Many thanks to SWLing Post<\/em> reader, Mark, who shares this article from the New York Times<\/a> which describes the plan a hedge fund is implementing\u00a0to strengthen\u00a01,700 existing RadioShack stores:<\/p>\n

RadioShack will slim down to become an electronics convenience store of sorts, focusing on things like Bluetooth headsets, chargers and other accessories that shoppers may need immediately rather than waiting a day or two for shipment of a web order. One of the most profitable RadioShack stores is a Bridgehampton, N.Y., outlet that is frequented by weekend vacationers who have forgotten their smartphone chargers or earphones. And one of RadioShack\u2019s top-selling products is hearing aid batteries.<\/p>\n

Tablets, laptops and digital cameras will disappear from RadioShack stores, and mobile phone sales and services will be handled by its new partner, Sprint, all of which affects just 7 percent of RadioShack\u2019s sales. Remaining product lines will also shrink, to 60 headphones from about 180, for example, and to just one fitness wristband from 34.<\/p>\n

In an interview, Ron Garriques, a former Dell and Motorola executive chosen last week to lead the new RadioShack, said the chain would also focus on small cities with populations of 5,000 to 100,000, where demand still exists for a neighborhood electronics store.<\/p>\n

When he and the Standard General team studied the old RadioShack\u2019s 4,200 stores by profitability, they found that the best-performing stores were not in big cities or fancy malls, where the rents are high and competitors also sell electronics. Most of those stores will close. The number of stores in Manhattan, for instance, will fall to just three from more than 30.<\/p>\n

But in many smaller communities, Mr. Garriques said: \u201cRadioShack is part of the neighborhood.\u00a0 We are the \u2018go to\u2019 store for electronics.\u201d<\/p>\n<\/blockquote>\n

Read the full article at the NY Times website.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Many thanks to SWLing Post reader, Mark, who shares this article from the New York Times which describes the plan a hedge fund is implementing\u00a0to strengthen\u00a01,700 existing RadioShack stores: RadioShack will slim down to become an electronics convenience store of sorts, focusing on things like Bluetooth headsets, chargers and other accessories that shoppers may need […]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3,714],"tags":[380,2564],"class_list":["post-12916","post","type-post","status-publish","format-standard","hentry","category-news","category-retailers","tag-radioshack","tag-radioshack-closures"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pn3uc-3mk","jetpack-related-posts":[{"id":12306,"url":"https:\/\/swling.com\/blog\/2015\/02\/radioshack-store-liquidation-sales\/","url_meta":{"origin":12916,"position":0},"title":"RadioShack liquidation sales","author":"Thomas","date":"February 16, 2015","format":false,"excerpt":"One of my local RadioShack stores is closing\u00a0and liquidating all of the merchandise and store fixtures. I've visited the store twice and found that the best bargains come from the components cases where everything was marked at least 70% off. I purchased about $60 worth of components like those above:\u2026","rel":"","context":"In \"RadioShack\"","block_context":{"text":"RadioShack","link":"https:\/\/swling.com\/blog\/tag\/radioshack\/"},"img":{"alt_text":"RadioShack-StoreClosing-2","src":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/RadioShack-StoreClosing-2.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/RadioShack-StoreClosing-2.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/RadioShack-StoreClosing-2.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":24601,"url":"https:\/\/swling.com\/blog\/2017\/03\/radioshack-files-for-bankruptcy\/","url_meta":{"origin":12916,"position":1},"title":"RadioShack files for bankruptcy","author":"Thomas","date":"March 10, 2017","format":false,"excerpt":"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\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/swling.com\/blog\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/RadioShack-StoreClosing-2.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/RadioShack-StoreClosing-2.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/RadioShack-StoreClosing-2.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":27789,"url":"https:\/\/swling.com\/blog\/2017\/08\/radioshack-franchises-expand-in-wake-of-corporate-bankruptcy\/","url_meta":{"origin":12916,"position":2},"title":"RadioShack franchises expand in wake of corporate bankruptcy","author":"Thomas","date":"August 29, 2017","format":false,"excerpt":"(Source: Twice.com via Tom Hacker) RadioShack\u2019s 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\u2019s approximately 425 independent franchisees. As Wisconsin dealer-owner PJ Kruschel explains, inventory is beginning to flow again, and the\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/swling.com\/blog\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/RadioShack-StoreClosing-2.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/RadioShack-StoreClosing-2.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/RadioShack-StoreClosing-2.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":8729,"url":"https:\/\/swling.com\/blog\/2014\/02\/radioshack-to-close-500-retail-stores\/","url_meta":{"origin":12916,"position":3},"title":"RadioShack to close 500 retail stores","author":"Thomas","date":"February 5, 2014","format":false,"excerpt":"After serving up a comical, self-effacing Super Bowl ad\u00a0on 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\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/swling.com\/blog\/category\/news\/"},"img":{"alt_text":"RadioShackAdClip","src":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2014\/02\/RadioShackAdClip-300x170.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":24734,"url":"https:\/\/swling.com\/blog\/2017\/03\/list-of-radioshack-stores-closing-soon\/","url_meta":{"origin":12916,"position":4},"title":"List of RadioShack Stores Closing Soon","author":"Thomas","date":"March 19, 2017","format":false,"excerpt":"(Source: The Consumerist) RadioShack is, once again, bankrupt and all of its locations that aren\u2019t 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\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/swling.com\/blog\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/RadioShack-StoreClosing.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":24524,"url":"https:\/\/swling.com\/blog\/2017\/03\/radioshack-successor-may-declare-bankruptcy\/","url_meta":{"origin":12916,"position":5},"title":"RadioShack successor may declare bankruptcy","author":"Thomas","date":"March 6, 2017","format":false,"excerpt":"I'm returning after a week of travels\u00a0and spending time with friends at the Winter SWL Fest in Plymouth Meeting, PA. I'm also catching up on a few news items! \u00a0Many thanks to a number of SWLing Post contributors and Fest attendees for sharing this news regarding electronics retailer, RadioShack: (Source:\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/swling.com\/blog\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/RadioShack-StoreClosing-2.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/RadioShack-StoreClosing-2.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/RadioShack-StoreClosing-2.jpg?resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/posts\/12916","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/comments?post=12916"}],"version-history":[{"count":0,"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/posts\/12916\/revisions"}],"wp:attachment":[{"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/media?parent=12916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/categories?post=12916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/tags?post=12916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}