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RadioShack (formerly written as Radio Shack) is an American electronics retailer, which was established in 1921 as an amateur radio mail-order business. Its original parent company, Radio Shack Corporation, was purchased by Tandy Corporation in 1962, shifting its focus from radio equipment to hobbyist electronic components. At its peak in 1999 ...
Radio Shack stores sold TRS-80 computers with other products, while Radio Shack Computer Centers only sold computers. Non-company-owned franchises sold Radio Shack products, including computers, and non-Radio Shack items. Value-added resellers distributed relabelled versions of Tandy computers. [12]
Tandy was founded in the United States in 1919 as Tandy Leather Company. In 1963, Tandy changed its business to electronics when it acquired control of RadioShack, a forty year old electronics business with nine stores and a mail order arm.
Shares of RadioShack were in freefall today after sales for the holiday quarter fell 20%. The company is closing more than 1,000 locations, which amounts to more than one-fifth of the company's total.
What: Shares of electronics retailer Radio Shack. Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they ...
The first Radio Shack store in Canada was opened on April 20, 1970, in Rexdale, Ontario. The chain was originally owned by Radio Shack's American parent company Tandy Corporation, but was spun off in June 1986, along with the rest of Tandy's international operations, as InterTAN. A licensing agreement with what became RadioShack Corporation ...
What: Shares of Radio Shack took an afternoon dive today, ... The Motley Fool owns shares of Amazon.com and RadioShack. Try any of our Foolish newsletter services free for 30 days.
In 1970, the Tandy Corporation, Radio Shack's former parent company, purchased Allied Radio, the consumer division, along with Allied Electronics, the industrial division. [4] In 1999, Allied became the North American division of Electrocomponents. In 2016, Allied expanded into South America with a full-service office in Santiago, Chile, and in ...