Flavoradio[ edit ] The longest-running product for Radio Shack was the AM-only Realistic Flavoradio, sold from to15 years in the same design. We compete with department and specialty retail stores in more select product categories.
And it just smacks of the bad old days of RadioShack. History[ edit ] The first 40 years[ edit ] The company was started as "Radio Shack" in by two brothers, Theodore and Milton Deutschmann, who wanted to provide equipment for the then-nascent field of amateur, or ham radio. Despite these actions, stock prices plummeted within what was otherwise a booming market.
We determined that the cash flows from these kiosks were eliminated from our ongoing operations. We also own various patents and patent applications relating to consumer electronics products.
The stores would collect commissions on the sale of Sprint products, and Sprint would assist in promotion. This is obviously great news for the beleaguered electronics retailer that was once a neighborhood fixture.
The Deutschmanns thought the name was appropriate for a store that would supply the needs of radio officers aboard ships, as well as hams amateur radio operators.
Private-label brands from lower-cost manufacturers displaced name brands to raise Radio Shack profit margins;  non-electronic lines from go-carts to musical instruments were abandoned entirely. InRadio Shack began selling its own private-label products under the brand name Realistchanging the brand name to Realistic after being sued by Stereo Realist.
Some had been open with a skeleton crewlittle inventory and reduced hours only because the Salus Capital loan terms limited the chain to store closures a year. The Flavoradio carried the Realistic name until about when it switched to "Radio Shack" then finally "Optimus". We also believe the loss of the RadioShack name and RadioShack marks would materially adversely affect our business.
Morale was abysmal; longtime employees who were paid bonus and retirement in stock options saw the value of these instruments fade away. A total of 1, store managers were reassigned as sales associates or terminated in a 6-month period.
Originally released in 6 colors or flavors, strawberry, orange, lemon, avocado, blueberry and grape, the line grew to eleven flavors. It formed the affiliate, General Wireless Operations, to act as the new parent company for the brand.
Had the test proved successful, RadioShack could have moved to convert existing RadioShack locations into PointMobl stores in certain markets.
In FebruaryWoolworths Limited announced that it would be closing all Tandy stores within the next 2 years. Current employees of the franchisees will staff the store-within-a-store, which will be stocked with RadioShack merchandise purchased by the store.
This new RadioShack focused on its partnership with Sprint in the hopes of carrying on the brand. Stores with Express outlets will have special RadioShack branding inside and out to attract customers. RSH was halted on the New York exchange for the entire day. The company sold the campus to Tarrant County College and, as ofhad two years left of a rent-free lease in the building.
As of earlyan additional stores were operated by franchisees abroad.We added new life to our toys and personal electronics categories led by the introduction of ZipZapsTM branded micro radio controlled cars and the Environizer branded home electronic air purifier.
These products were home runs in And, they represent RADIOSHACK CORPORATION. annual report. The company was started as "Radio Shack" in by two brothers, Theodore and Milton Deutschmann, who wanted to provide equipment for the then-nascent field of amateur, According to an experience ratings report published by Temkin Group, an independent research firm, RadioShack was ranked as the retailer with the worst overall customer.
Tandy & Radio Shack Annual Reports. This site is not associated or affiliated with RadioShack Corporation or its subsidiaries and/or affiliates. SITEMAP - HISTORY: RADIO SHACK ANNUAL REPORTS (Page 5 Annual Report: Tandy Annual Reports.
Tandy Annual Reports Tandy. Radio Shack Corporation, headquartered in Texas, USA Wards Fort, is the best consumer electronics specialty retailer in the United States credibility and sales of the product categories, including wireless communications, electronic parts, batteries and accessories as well as other digital technology products and services.
Jul 23, · Radio Shack, well, I used to make fun of the slogan they used to answer the phone with: “Radio Shack, you’ve got questions, we’ve got blank looks!” Report comment Padrote says. Throughout this report, the terms “our,” “we,” “us” and “RadioShack” refer to RadioShack Corporation, including its subsidiaries.
We primarily engage in the retail sale of consumer electronics goods and services through our RadioShack store chain.Download