Radio Shack to close 700 stores

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.sad

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5 Comments

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Yes, a sad day ...

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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....

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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....

It's the economy's fault for allowing such stores to
such Radio Shack to close down like this--it's an out-
rage!

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Hey, After working for this company since 1977, I have to tell you, if you still work for them, GOD bless you and GOD help you because you are soooooooo expendable. You and I both cost the company alot of money being a "senior" manager and therefore,they try to pissing you off and creating a paper trail to do so, and they may just earn bonus points or bonus money for discarding you, just like the trash every night, with no regurard to your livelyhood and no respect for your dedication, commitment and endeniabley commited devotion to what is apparently, NOW, a "get it ready for sale" operation.your DM or RDM or what ever the heck we refer to them now as( most of them have absolutely no idea of what we actually do day to day, they just expect that we can and WILL do more, in order to keep our "JOBS" they, for the most, have never worked in the field, have NEVWR helped a customer, delt with the phone calls with customer and the micro-management phone calls,-- They are outsiders trying to look in and have ABSOLUTELY NO IDEA of what is involved in the daily activity of the business---AS H's. Opportunistists and exiscutor's! People who are uninvolved and have no vested interest, I however, have a lot of vested interest, I have lost custodhyy of 2 of my children because of the time I had to put in, the other 2 lost because of the lack of time that had to to spend with them,(kidna same thing) I made RadioShack MONEY and I lost so much in doing so-God help all of you and I pray that You all stay safe and take what is important to you and ma EXTREAMLY IMPORTANT----- No one will take care of you and your children like you will and no one will have the same dedication TAKE YOUR KIDS AND FAMILY AND MAKE THEM FIRST! If You are a mall store, count your days cause you are going to get a sevearnce chenck,,,,, or nothing- cause it is an "at will company" GOD bless and take care

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