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From 2000 to 2011, RadioShack spent US$2.6 billion repurchasing its own stock in an attempt to prop up a share price which fell from US$24.33 to US$2.53; the buyback and the stock dividend were suspended in 2012 to conserve cash and reduce debt as the company continued to lose money. [113]
Margins matter. The more RadioShack (NYS: RSH) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.
Having spent less than US$150,000 on development, Radio Shack announced the TRS-80 (Tandy Radio Shack) at a New York City press conference on August 3, 1977. [18] It cost US$399 (equivalent to $2,000 in 2023), or US$599 (equivalent to $3,000 in 2023) with a 12" monitor and a Radio Shack tape recorder; the most expensive product Radio Shack previously sold was a US$500 stereo.
Circuit City Corporation, Inc., formerly Circuit City Stores, Inc., is an American consumer electronics retail company, which was founded in 1949 by Samuel Wurtzel as the Wards Company, operated stores across the United States, and pioneered the electronics superstore format in the 1970s. [2][3] After multiple purchases and a successful run on ...
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What: Shares of Radio Shack took an afternoon dive. ... Why Radio Shack Stock Was in the Dumps. Jeremy Bowman, The Motley Fool. Updated July 14, 2016 at 6:57 PM.
Tandy Corporation was an American family-owned leather -goods company based in Fort Worth, Texas, United States. Tandy Leather was founded in 1919 as a leather supply store. By the end of the 1950s, under the tutelage of then-CEO Charles Tandy, the company expanded into the hobby market, making leather moccasins and coin purses, making huge ...
RadioShack saw its red ink deepen, fueled largely by a 14 percent decrease in comparable-store sales. The move to depend more on smartphones has resulted in slower store traffic. That's not a ...