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Radio Shack Reported To Be Ready for Bankruptcy Filing
hij writes A number of news reports are coming out the Radio Shack is ready to file for bankruptcy. The stock price has tanked on Wall Street. There are conflicting reports that they are seeking more credit and they may be bought for their assets. (The Wall Street Journal has the story, but paywalled.)
I know this is meant to be a joke, but closing Radio Shack means there is no longer any place you can just run out and grab a specific capacitor or DB9 connector or whatever. It will be online only. This isn't the end of the world, but it is a little sad.
Their assets are basically their storefronts. That's a lot of retail space that is certainly not going to be transformed into something I would ever want to visit.
I read the internet for the articles.
I think Radio Shack lots its way.
It use to be a paradise for what we now call Makers.
Except for the bulk of the stuff being cell phones. There were a lot of things that we could use to make and repair our electronics. Wires, Solder, cables. connectors, converters, even a decent set of integrated circuits. When I got my hands on a dumb terminal, Radioshack was the place to go for a null modem adapter, so I can hook it up to my PC. Or to get resisters, breadboard and a capacitor and a parallel connector to make a Parallel 8 bit D2A converter which you can hook up to your PC and have quality sound (better then the beeps of the 2 bit PC speaker)
If something is so important that you feel the need to post it on the internet... It probably isn't that important.
Well, in the original conception it was exactly a retailer, opened in Boston in 1921. It didn't sell its own product brands until 1954. (Tandy didn't purchase Radio Shack until 1962.)