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Delta RS for Trading, as Radio Shack Egypt, had opened its first Radio Shack franchised store in 1998 in Nasr City. By March 2003, Radio Shack Egypt had 65 company-operated stores plus 15 sub-franchised stores. [241] In 2017, the Egyptian government accused Radio Shack Egypt and its parent Delta RS in aiding the Muslim Brotherhood. [242] [243]
By 1990, growth of Tandy Corporation's Radio Shack chain of electronics stores and Tandy personal computers had stalled. Incredible Universe was created with the intention to compete with rapidly growing electronics superstores like Circuit City, Best Buy, and CompUSA that were taking market share from Radio Shack. The company hoped that ...
The Source began as the Canadian branch of Radio Shack (later "RadioShack").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.
With fewer than 100 stores, far fewer than the aggressively expanding Radio Shack's thousands of local outlets, Lafayette Radio remained more of a dedicated enthusiasts' store than a mass marketer. The company was also hurt by the advent of electronics retailers relying on aggressive marketing techniques and competitive pricing in the late 1970s.
The first store to open was in Aartselaar, Belgium on August 9, 1973. The first UK store opened October 11, 1973, in Hall Green, Birmingham. Initially, these new stores were under direct ownership of Tandy Corporation. In 1986, Tandy Corporation formed its subsidiary InterTAN as separate entity though connections between them were still visible ...
The hundred-year-old Radio Shack chain went from 7,400 stores in 2001 to 400 stores in 2018. [23] FYE is the last remaining music chain store in the United States and has shrunk from over 1,000 at its height to 270 locations in 2018. [24] In 2019, Payless ShoeSource stated that it would be closing all remaining 2,100 stores in the US. [25]
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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. From 1963 to 1986, RadioShack grew to more than 6900 stores and dealers in the United States, with a further 2,100 stores and dealers in Canada, Europe and Australia. [1]
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