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RadioShack (formerly written as Radio Shack) is an American electronics retailer that 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 sold in retail stores.
By then computers were 35% of Radio Shack sales; the Model 100 was the world's best-selling notebook computer, while Tandy was the leading Unix vendor by volume, selling almost 40,000 units of the 68000-based, multiuser Tandy Model 16 with Xenix, [17] [23] and began selling all computers using the Tandy brand [24] because, an executive admitted ...
Micro Center was founded in Columbus, Ohio in 1979 by John Baker and Bill Bayne, two former Radio Shack employees, with a $35,000 investment. [2] [8] Rick Mershad is the current CEO and President of Micro Center. Mershad was one of the first 10 employees of the company, starting as a Sales Associate two years after the company's founding. [9]
RadioShack, once a major U.S. retailer for mobile products, was hit hard by the retail apocalypse and quickly changing technologies. After changes in management and eventual bankruptcy in 2017, it ...
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Following the news that 2013 fourth-quarter sales were down by more than 20% from 2012, RadioShack announced that it will close 1,100 stores in the United States. The stock immediately fell by 24%.
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