Thursday, May 18, 2017

Good Bye Radio Shack

https://patch.com/illinois/chicago/radio-shack-closings-14-illinois-locations-shuttering

There was almost always a Radio Shack near me. I live close to one. I work near one. I go to college near one. This was where I got my first computer. The Tandy 1000. I used to like reading its catalog. Remember there used to be no internet back then. There weren't Walmart, Best Buy, Target either. That was the place for electronic things like wires, RC cars, and Tandy computers... Why is there need for so many stores I don't know. But it is quite remarkable that they last that long.

Radio Shack once upon a time expanded in many countries and now ended up bankrupt. The rise and fall of it is worth a study case in business classes. (Nah but I won't ever attend such classes cause not likely anyone will make it interesting enough for me to attend) What contributed to its failures? Management problems? Too few interesting things on the shelf? Too expensive? Killed by online shopping? Brick-and-mortar stores are in general dropping like flies. Just what else can remain as actual retail stores? Only restaurants and nail shops?

Prediction of the next retail closing: Game Stop

I no longer have time for any video games. Yes, they are cool but time consuming... and can be bought online and not need to be from a store... It is hard to make a profit... so I predict this won't last too long.

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