Radio Shack plans on closing 400-700 stores after reporting a whopping 62% drop in revenue from the 4th quarter last year. Radio Shack is every electronic hobbyist's and every geek over the age of 30's favorite electronics store - or at least Radio Shack used to be before being surpassed by stores like Circuit City and Best Buy.
But growing up, I enjoyed going to Radio Shack more than checking out the toys at the local Toys R Us. Electronics and computer stuff were my thang' as a kid. In fact, my first computer, a TRS-80 Color Computer (CoCo) was purchased at Radio Shack and it featured a whopping 4K RAM and 8K ROM with Microsoft Color Basic v1.0. I learned my first programming language (BASIC) on the CoCo. It's truly a sad sad day to hear that they have fallen on hard times.
Radio Shack to close 700 stores
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Yes, a sad day ...
Yes I was very upset myself to hear the news. I work for RadioShack in Indiana. I travel alot for the company and was recently demoted back to an associate due to funding issues. I grew up the same way, I had a teacher of mine from elementary school that stoped in to the store one day and gave me a school paper that started with "what do I want to be when i grow up" and my paper said "work at radioshack"
My store is closing in just a few more days. Very sad....
Yes I was very upset myself to hear the news. I work for RadioShack in Indiana. I travel alot for the company and was recently demoted back to an associate due to funding issues. I grew up the same way, I had a teacher of mine from elementary school that stoped in to the store one day and gave me a school paper that started with "what do I want to be when i grow up" and my paper said "work at radioshack"
My store is closing in just a few more days. Very sad....