RadioShack

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RadioShack

(RadioShack Corporation, Ft. Worth, TX, www.radioshack.com) A retailer of consumer electronics that started in 1919 as Tandy Corporation, a family leather business. In 1963, Tandy acquired Radio Shack in Boston, which was founded in 1921 to serve the ham radio market. By the 1960s, Radio Shack was floundering.

In 1977, the company introduced one of the first personal computers, the TRS-80 Model I, and more than 200,000 were sold in four years. Tandy's Model 100 and 200 lightweight portables were also the inspiration for the laptop generation. Its first computers were proprietary, and its initial PCs were non-standard. However, starting with the Model 1000 in 1984, Tandy offered a full line of IBM-compatible PCs.

In 1993, Tandy sold its PC manufacturing facilities to AST and began to eliminate the Tandy brand on its machines. In 2000, its name was concatenated to become RadioShack Corporation. While heavily promoting cellular phones, RadioShack continued to offer radio gear, home entertainment products, computers and accessories, as well as parts for the electronics hobbyist.

In 2015, after the company declared bankruptcy, it was acquired by General Wireless Operations, Inc., and partnering with Sprint, co-branded stores were opened. However, in 2017, a second bankruptcy shuttered almost all retail venues, but the online business remained. In 2018, a partnership with HobbyTown was created to put RadioShack Express stores within HobbyTown locations.


One of the First Personal Computers
In 1977, Tandy's Radio Shack division introduced one of the first personal computers, the TRS-80. It became widely used in small business and was a major contributor to the personal computer explosion. (Image courtesy of RadioShack Corporation.)







One of the First Portable Computing Devices
In 1983, the Model 100 Micro Executive Workstation weighed in at four pounds and included a built-in word processor, address list and modem. It was inspiration for the portable computers to come. (Image courtesy of RadioShack Corporation.)
References in periodicals archive ?
In In re RadioShack Corp. ERISA Litigation, the participants alleged that the plan fiduciaries breached their fiduciary duties by keeping the plan's ESOP invested in RadioShack stock despite the company's decline into bankruptcy.
Magnacca left Walgreens in 2013 to become CEO of RadioShack Corp., which filed for Chapter 11 bankruptcy protection last year.
RadioShack Corp., 768 F.3d 622, Judge Posner struck down a class action settlement that provided for $830,000 worth of coupons to claimants, $2.2 million in administrative costs, and $1 million in attorneys' fees.
Bankrupt US-based electronics retailer RadioShack Corp. has signed an asset purchase agreement with Standard General L.P.
RadioShack Corp. introduced one of the first mass-market personal computers and used to be the go-to stop for consumers' home electronics needs.
Reuters reports that electronics retailer RadioShack Corp filed for U.S.
Shares of RadioShack Corp (RSH.N) plunged 17.3 percent to $2.25.
senior vice president of finance and strategy John Feray has left the company to become executive vice president and chief financial officer at RadioShack Corp.
RadioShack Electronics retailer RadioShack Corp reported a wider-than-expected quarterly loss yesterday and named a turnaround expert as its interim financial chief.
(NYSE: DDS), Sears Holdings Corporation (NASDAQ: SHLD), Dollar General Corporation (NYSE: DG), and RadioShack Corp. (NYSE: RSH) - are in retail.
The top after-market NYSE gainers Friday were Nordic American Tankers, Five Star Quality Care, AbbVie Inc, MetroPCS Communications and Radioshack Corp. The top after-market NYSE losers were Youku Tudou, Talisman Energy, Navistar International, General Cable and Qihoo 360 Technology.
RadioShack Corp., an American chain of electronics retailers with nearly 7,000 stores in the U.S., is in a joint-venture with Hon Hai in China for market expansion.