RadioShack files for bankruptcy, will share some stores with Sprint and close others

By Shawn Knight
Feb 6, 2015
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  1. RadioShack has filed for Chapter 11 bankruptcy but the iconic retailer will live on thanks in part to an indirect partnership with Sprint.

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  2. SirGCal

    SirGCal TS Maniac Posts: 365   +136

    If they were the old electronics parts and pieces store they used to be, they'd still be in business and doing well. But being a really crappy over priced gadget store ruined them.
  3. Tazo The Vault

    Tazo The Vault TS Member Posts: 32

    I think they were screwed either way. No way in this day and age can a major retailer just sell odds and ends and still afford to even heat their building, let alone staff it. There are far more people that want gadgets than DIY parts and trying to sell both just left them outclassed by every other game in town.

    They tried to appeal to the majority and failed, which left no space for the products that they used to be known for, so everyone loses. I think that if there were more people that would pick up a screwdriver when their gadgets had issues instead of going to Geek Squad, the Shack wouldn't be so whack.
  4. cliffordcooley

    cliffordcooley TS Guardian Fighter Posts: 8,560   +2,901

    That is a valid point. But then you also have to look at how corporate has gone out of their way, in making sure the consumer couldn't repair their own gadgets. Corporate wants consumers to buy new gadgets, not repairing their old ones. Truth be told the consumer would also rather have a new gadget than continuing to use their old one. After all whats the point when a gadget is considered outdated, after only a year of service. Three or four years and you would be lucky to find replacement parts.

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