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A major Mexican news magazine had reported in March 2015 that Grupo Gigante actually purchased 100% of the stock in RadioShack de México from RadioShack Corporation for US$31.8 million, two months prior to the bankruptcy filing, but had only had to hand over US$11.8 million to RadioShack Corp. for also assuming approximately US$20 million in ...
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.
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 ...
Yes, RadioShack (NYSE: RSH ) is another retailer declining in the face of online shopping. When fellow Fools Andrew Marder and Michael Lewis wrote their negative takes, they barely had to edit its ...
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Realistic was a private label consumer electronics brand produced by RadioShack. Initially only a home audio equipment brand, its product line expanded to include CB radios, walkie-talkies, and video camcorders by the 1980s. The brand was discontinued in 1994, but revived for a short time in 2016 for use on Bluetooth devices sold by the chain.
Like so many retailers over the past few years, RadioShack has been hit hard by a combination of price-crushing wholesalers and technological disruptors. The shift has left the company in near ...