How many radio shacks are left in Texas?
The electronics retailer RadioShack closed another 1,000 stores since Memorial Day weekend, but there are still 13 company-owned RadioShack stores left in Texas.
What is RadioShack now called?
The Source Electronics Inc., doing business as The Source (French: La Source), is a Canadian consumer electronics and cell phone retail chain. The chain goes back over 40 years in Canada, initially as Radio Shack and later as The Source by Circuit City.
What has happened to RadioShack?
In November 2020, Retail Ecommerce Ventures (REV), a holding company owned by Alex Mehr, acquired RadioShack. RadioShack operates primarily as an e-commerce website, a network of independently owned, franchised RadioShack stores, and a supplier of parts for HobbyTown USA.
Is RadioShack back in business?
RadioShack — yes, it still exists — continues on with new owners collecting up old brands.
Why did RadioShack go out of business?
But after its heyday, from its success with ham radio enthusiasts through the early 1980s, the company made a number of missteps. Some of these involved failing to spot up-and-coming competition, such as Amazon, while others included confused marketing strategies and a poor mix of inventory.
When did RadioShack close?
RadioShack filed for bankruptcy protection on February 5, 2015. The consumer electronics chain had struck a deal just before its Chapter 11 filing in Delaware, which will see a sale of up to 2,400 of its stores to the U.S. wireless provider Sprint and its biggest shareholder Standard General.
When did Circuit City close?
March 8, 2009
Circuit City is also one of American retailing’s great fail- ures. In November 2008, the 59-year-old company filed for bankruptcy. Within months, it closed its stores and liquidat- ed more than $1 billion worth of merchandise, and on March 8, 2009, the last Circuit City store turned off its lights for good.
How long ago did RadioShack close?
Late in 2015, the bankruptcy plan was approved, and RadioShack began the liquidating funds to pay off its creditors. Standard General acquired the RadioShack brand after RadioShack Corporation filed for bankruptcy in 2015.
Are there any radio Shacks left in the United States?
About 400 RadioShack locations remain open, but operate independently from the REV-owned parent company.
Is RadioShack still alive?
How long ago did Radio Shack close?
In February 2015, RadioShack (RSHCQ), a renowned electronics store, filed for Chapter 11 bankruptcy protection following many financial and operational missteps.