Is RadioShack still in business?
It's been quite a ride for RadioShack over the past three years. The company first filed for bankruptcy in 2015, when General Wireless acquired the company. It filed for bankruptcy again in 2017,...
Is there still a Radio Shack?
The majority of RadioShack stores are still open, though they are independently owned and operated.
Are all radio shacks out of business?
Is Radio Shack out of business? Founded in 1921, RadioShack filed for bankruptcy twice between 2015 and 2017, left in the dust by other electronics retailers like Best Buy Co. Inc. and Amazon.com Inc. The company now operates primarily as an online retailer but still has a network of about 400 stores owned by independent dealers.
Are Radio Shack stores still around?
Yes their are radio shack franchise stores in a few small towns. People like amazon is what put the corporate stores under. Radio shack has a online commerce store you are still availible to order their products online. Originally Answered: Does Radio Shack exist anymore? No they no longer exist.
When did they begin franchising?
Are there any RadioShack franchise opportunities near me?
How many Radio Shack stores were there in 1989?
At the end of 1989, there were 1,417 stores operated by Intertan under the Tandy or Radio Shack names. Intertan operated Tandy or Radio Shack stores in the UK until 1999 and Australia until 2001. RadioShack branded merchandise accounted for 9.5% of InterTAN's inventory purchases in its 2002-2003 fiscal year, the last complete year before the Circuit City acquisition, and later disappeared from stores entirely.
Who owns Radioshack?
In November 2020, Retail Ecommerce Ventures (REV), a holding company owned by Tai Lopez and Alex Mehr, acquired RadioShack. RadioShack operates primarily as an e-commerce website, a network of approximately 500 independently owned, franchised RadioShack stores, and a supplier of parts for HobbyTown USA . At its peak in 1999, RadioShack operated ...
How long did Radioshack last?
On June 10, 2014, RadioShack said that it had enough cash to last 12 months, but that lasting a year depended on sales growing. Sales had fallen for nine straight quarters, and by year's end the company realized a loss in "each of its 10 latest quarters".
What year did Radioshack use the logo?
1996–2013 logo, still used in many of the locations that were RadioShack before they closed. This logo is similar to the logo they used from 2013 to 2017.
Why did Radioshack sue Autozone?
In 2004, AutoZone brought suit against RadioShack for using the name PowerZone to promote a section of its retail stores , citing trademark infringement. The lawsuit was dropped due to lack of evidence.
Where is Radioshack located?
In the 1970's RadioShack had a new headquarters "Tandy Towers" built in downtown Fort Worth on Throckmorton St. In 2001, RadioShack bought the former Ripley Arnold public housing complex in Downtown Fort Worth along the Trinity River for US$20 million. The company razed the complex and had a 900,000 square feet (84,000 m 2) corporate headquarters campus built after the City of Fort Worth approved a 30-year economic agreement to ensure that the company stayed in Fort Worth. RadioShack moved into the campus in 2005. In 2009, with two years left on a rent-free lease of the building, the Fort Worth Star-Telegram reported that the company was considering a new site for its headquarters. The Tampa Bay Business Journal reported rumors among Tampa Bay Area real estate brokers and developers that RadioShack might select Tampa as the site of its headquarters. In 2010, however, RadioShack announced efforts to remain at its current site. The headquarters was ultimately reduced to a small group after the second bankruptcy filing. On September 2017, what was left of RadioShack of about 50 people left the downtown location moving to a warehouse on Terminal Road just north of "The Stockyards".
When did Radioshack start carrying RCA products?
In 1999, the company agreed to carry RCA products in a five-year agreement for a "RCA Digital Entertainment Center" store-within-a-store. When the RCA contract ended, RadioShack introduced its own Presidian and Accurian brands, reviving the Optimus brand in 2005 for some low-end products.
When was Radioshack founded?
RadioShack was opened in 1921 by the Deutchmann family, offering ham radio operators and electronics buffs a retail and mail order source for their electronics needs. By the 1960s, the company had nine stores and was shipping electronics to people all over the world, but was falling on hard times.
What is radioshack experience?
Significant business experience; we are particularly interested in individuals who have demonstrated successful ownership or management of multiple business units or have managed multiple departments Individuals who possess the capability to grow with RadioShack. The ability to develop and execute a business plan. An entrepreneurial spirit and strong desire to work hard and be part of an established franchise system Ability to manage finances, including a thorough understanding of business financial statements The capability to effectively manage an organization that recruits, trains, and motivates employees who deliver an exceptional customer experience An acceptable credit history Sufficient liquid assets (i.e., cash) to invest into the business
When was Radioshack founded?
RadioShack was opened in 1921 by the Deutchmann family, offering ham radio operators and electronics buffs a retail and mail order source for their electronics needs. By the 1960s, the company had nine stores and was shipping electronics to people all over the world, but was falling on hard times. Charles Tandy purchased the company in 1963 and turned its $4 million debt into a $20 million profit. Today the company operates stores nationwide, selling everything from batteries to satellite dishes to electronics buffs and general consumers.
What is Radioshack Corporation?
RadioShack Corporation (NYSE: RSH) is one of the nation's most experienced and trusted consumer electronics specialty retailers. The company has a presence through more than 6,000 company-operated stores and dealer outlets in the United States, over 100 RadioShack locations in Mexico and nearly 800 wireless phone kiosks. RadioShack Corporation is the nation's most trusted consumer electronics specialty retailer of wireless communications, electronic parts, batteries and electronic accessories, as well as other digital technology products and services.
What is American freight?
American Freight is the leader in providing quality furniture, mattresses, and appliances at everyday low prices. This franchise opportunity is recession-resistant, easy to build, quick to open, and highly scalable.
Is Radioshack a franchise?
RadioShack is listed in the Franchise Directory under the Retail category. It's also listed in the section for Franchises Under $10,000 .
Information for Franchisees
Here’s what you need to know if you’re interested in opening a RadioShack Corp. franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Franchise 500 Ranking History
Compare where RadioShack Corp. landed on this year’s Franchise 500 Ranking versus previous years.
When did they begin franchising?
They began franchising in 1968. The average Technology franchise began franchising in 2011.
Are there any RadioShack franchise opportunities near me?
Based on 2014 FDD data, RadioShack has franchise locations in 0 states. The largest region is the West with 0 franchise locations.
Overview
International operations
In 1986, Tandy Corp. announced it would create a spinoff of its international retail operations, called Intertan Inc. The new company would take over operations of over 2,000 international company-owned and franchised stores, while Tandy retained its 7,253 domestic outlets and 30 of its manufacturing facilities. Intertan had two main units, Tandy Electronics Ltd., which operated i…
History
The company was started as Radio Shack in 1921 by two brothers, Theodore and Milton Deutschmann, who wanted to provide equipment for the nascent field of amateur radio (also known as ham radio). The brothers opened a one-store retail and mail-order operation in the heart of downtown Boston at 46 Brattle Street. They chose the name "Radio Shack", which was the term for a s…
Corporate headquarters
In the 1970s RadioShack had a new headquarters "Tandy Towers" built in downtown Fort Worth on Throckmorton Street. In 2001, RadioShack bought the former Ripley Arnold public housing complex in Downtown Fort Worth along the Trinity River for US$20 million. The company razed the complex and had a 900,000 square feet (84,000 m ) corporate headquarters campus built after the City of Fort Worth approved a 30-year economic agreement to ensure that the company stay…
Other operations
In 2006, RadioShack supported the National Center for Missing & Exploited Children by providing store presence for the StreetSentz program, a child identification and educational kit offered to families without charge. RadioShack supported United Way of America Charities to assist their Oklahoma and Texas relief efforts after the 2013 Moore tornado. RadioShack's green initiative promotes the Rechargeable Battery Recycling Corporation, which accepts end-of-life rechargeab…
Lawsuits and litigation
In April 2004, AutoZone brought suit against RadioShack for using the name PowerZone to promote a section of its retail stores, citing trademark infringement. The lawsuit was dropped in June the same year due to lack of evidence.
In June 2011, a customer sued Sprint and RadioShack after finding pornography on their newly purchased cell phones.
In popular culture
A "Radio Shock" store (owned by the "Dandy Corporation") appeared in the original 1991 release of Space Quest IV, displaced by "Hz. So Good" in later editions because of threats of legal action by Tandy.
Radio Shack is featured prominently in Short Circuit 2, which serves as a "clinic" for Johnny 5 while he repairs himself after being assaulted by thieves.
Further reading
• Irvin, Farman (1992). Tandy's Money Machine : How Charles Tandy Built Radio Shack into the World's Largest Electronics Chain. Chicago: Mobium Press. ISBN 0-916371-12-3.
• Hayden, Andrew, "Radio Shack: A Humble Beginning for an Electronics Giant", antiqueradio.com, February 2007