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RadioShack Prepares Bankruptcy Filing

wsj.com

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Re: RadioShack Prepares Bankruptcy Filing

#181

A lot of people think RadioShack should have made the transition to internet sales, but I think that they actually started failing earlier, when they expanded into a non-technical market. In the 80s and 90s I could go into a Radio Shack and buy resistors, fuses, soldering equipment, breadboards, various controllers and sensors, hard drives, processors: everything I needed to assemble an electronics project, fix a com…

What's even more tragic is that Radio Shack realized they needed to get makers back, and when they started expressing a desire to do so a lot of makers were initially enthusiastic. But I don't think they ever really grokked what makers would want out of a local brick-and-mortar. They never did fix the sorry state of their loose component selection. The parts drawers are still stocked with 50% stereo equipment parts t…

The 2015 maker market is tiny compared to the 1985 one.

In the the UK the 1985 market was big enough to keep a handful of magazines in comfortable five digit sales, and an area of London - Edgware Road - had a component store ghetto where you could almost any part you wanted. (The tiny selection of components sold by RadioShack at ludicrous prices compared, to the epic lists offered by the ghetto shops, made RS a bit of a bad joke in the UK, even back then.)

There was almost no difference between 1985 product tech and 1985 hobby tech. In theory you could build almost any product you could buy out of standard parts, so there was always the incentive - or at least an excuse - that DIY would save you money. (Some people built amazing things to save money.)

In 2015, there's no way you can build an iPhone, a laptop, a games console or an MP3 player from scratch with a soldering iron and a bag of parts.

(If you look at Elektor, one of the surviving hobby mags, you'll see it's full of complicated, difficult hobby projects by full-time engineers. You need a lot more than a soldering iron and a cheap meter to build them.)

Bottom line is that the Arduino/Pi/Beagle/etc microcontroller market is nowhere near the size needed to keep a huge chain like RadioShack profitable.

And there's enough competition in consumer electronic sales to make it almost impossible to offer any other USP.

Add toxic management to the mix, and I'm amazed the company lasted as long as it did.

I won't miss RadioShack. I hope some smaller mom&pop enthusiast stores take over some of the same space - and that they treat customers and staff with much more respect and affection than RS ever did.

Re: RadioShack Prepares Bankruptcy Filing

#182
post #6

I graduated from high school in the 80s. My first computer was a TRS-80 WITH a cassette tape to save my programs to. How RS went from being ubiquitous to a laughing stock is beyond me, but I remember seeing the downfall during the 90s when they started offering really cheap toys (like remote controlled cars). They almost became embarrassing.

Yours is the first comment mentioning the TRS-80. Currently it's halfway down the page.

I find this a bit surprising as the TRS-80 had a huge impact on the PC industry. It was the first PC that was easy to buy since Radio Shack stores were widespread.

Although derided as the "Trash-80," it was enormously popular for a time: "Still forecasting 3,000 sales a year, the company sold over 10,000 TRS-80s Model Is in its first one and a half months of sales…" [1]

According to the Wiki entry, it was released with two bundles, the bare unit at $399 and $599 with monitor and tape storage unit. Adjusted for inflation, that's $1,555 and $2,334.

[1] http://en.wikipedia.org/wiki/TRS-80#History

Re: RadioShack Prepares Bankruptcy Filing

#183
If I were CEO, I'd become the Linux Store to compete with the Apple Stores and the Windows Stores -- there are some of those aren't there? There is a market for main-stream Linux and there's no retail presence.

Going further Radio-Shack has a computer brand, "TRS". Get some low-end white-box laptops, slap Ubuntu on them and hire a few one-eyed-man-in-the-land-of-the-blind Linux "gurus" and have at it. It's the modern analogue of HeathKit but with a more fundamentally useful demographic.

Their real-estate holdings are a match for computer shops - second and third tier retail space with small footprints. Apple has validated the idea that computer shops are viable...it's not just the Apple branding that makes them work, it's also the fact that if you're looking for a computer, you're not in a place with most of its floor space devoted to televisions.

The other big change is that smartphones and tablets have proved that operating systems are not that important to users. A lot of people are fine with an old version of Android rather than something more polished...never mind the Kindle's success...or all the variation between website widgets and app interfaces . People have been exposed to a lot of variation, and have learned adaptation techniques. A computer doesn't need to look like Windows or OSX to keep people from freaking out.

RadioShack has the experience in high-touch sales and the infrastructure to pull it off. All that's needed is the will.

Re: RadioShack Prepares Bankruptcy Filing

#184
post #126
post #15

Apologies about the link to a restricted site. I didn't notice it since I landed on the article via a search. Out of curiosity, since several comments here complained about the paywall ("paywalls are nsfl"), and an equal number or more on HN run adblockers and/or openly dislike ads in general (the whole "you are the product" meme), how do you think news sites should monetize? Seems like newspapers still add value in…

Since I use ddg, I can put this in my addr/search bar: !gn site:wsj.com "RadioShack Prepares Bankruptcy Filing" which brings me to this: http://news.google.com/news/search?tbm=nws&q=site%3Awsj.com%... Perhaps for sites that allow this (NYT and WSJ come to mind), it should become part of HN culture to just post links in the second form (the google news link). Otherwise, I'm sure many people here are capable of creatin…

This bookmarklet seems to work in the few cases I tested: javascript:var as = document.getElementsByTagName("a");searchurl=as[12].protocol +"//"+ as[12].hostname + as[12].pathname;location.href='http://google.com/search?q='+searchurl

If you click it from a HN comments page, it will Google the story's url. For NYT and WSJ, clicking on the story from the Google results should get you in without the paywall. I have only tested this in Firefox. If anyone has improvements to the bookmarklet, please post it.

Re: RadioShack Prepares Bankruptcy Filing

#185

A lot of people think RadioShack should have made the transition to internet sales, but I think that they actually started failing earlier, when they expanded into a non-technical market. In the 80s and 90s I could go into a Radio Shack and buy resistors, fuses, soldering equipment, breadboards, various controllers and sensors, hard drives, processors: everything I needed to assemble an electronics project, fix a com…

You got the cause and effect backwards. They expanded into non-technical markets because the technical market was failing. >resistors, fuses, soldering equipment, breadboards, various controllers and sensors, hard drives, processors: everything I needed to assemble an electronics project, fix a computer, make something. Almost nobody uses any of these. Those who do it as a hobby and don't wanna pay corner store retai…

Actually the Microcenter near me (Chicago), has expanded their selection of electronic components significantly in the past couple of years. What once was one rack is now an entire wall, with Sparkfun, Adafruit, Parallax, and Seeedstudio stuff, Arduinos, Beaglebones, and Raspberry Pis, and plenty of resistors, transistors, and other individual parts.

Re: RadioShack Prepares Bankruptcy Filing

#186

If I were CEO, I'd become the Linux Store to compete with the Apple Stores and the Windows Stores -- there are some of those aren't there? There is a market for main-stream Linux and there's no retail presence. Going further Radio-Shack has a computer brand, "TRS". Get some low-end white-box laptops, slap Ubuntu on them and hire a few one-eyed-man-in-the-land-of-the-blind Linux "gurus" and have at it. It's the modern…

You should send the RS board a proposal. Maybe they'll hire you.

Re: RadioShack Prepares Bankruptcy Filing

#187

Earlier quoted context omitted.

I understand this thinking, but everyone who believes they should be able to get their content for free without ads will soon find themselves out of sites to visit due to them not being able to sustain themselves. I'm not sure why people think they should be able to get no-ad sites for free, I get it, but you should understand the repercussions of thinking this way.

Probably because that's the way the Internet worked before the Big Media companies infested it and started the process of turning into Cable TV 2.0.

Not really.

I'd love to know how a high traffic site is supposed to sustain itself with millions of hits every month without advertising if the site itself is free and the users would otherwise scoff at paying? If it were an easy fix it would be happening already.

Re: RadioShack Prepares Bankruptcy Filing

#189
post #97

Earlier quoted context omitted.

Not sure in their case. But the Sbarro's around here all turned into generic pizza places, as far as I can tell everything tastes about the same.

Huh? Sbarro's still exists...

Yea man! It's my favorite pizza place in NYC :)
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