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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.
Their TRS-80 (1977) and TRS-80 Color Computer ("CoCo") (1980) line of home computers were popular in the years before the IBM PC became commonplace, and had wide distribution in Radio Shack stores at a time when there were few computer stores. Tandy had 60 Radio Shack Computer Centers by 1980, and expected to have 250 Radio Shack stores that ...
The company calculated that annual sales of $45 million would allow each store to break even, and with sales of $65 million they could be as profitable as rivals, if not more so. Sell-side analysts estimated that 60 Incredible Universe stores could generate $4 billion in annual revenue, far more than Radio Shack's $2.8 billion in fiscal year ...
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.
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.
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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 ...
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