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Amazon Is in Talks to Buy RadioShack Stores, Report Says

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Re: Amazon Is in Talks to Buy RadioShack Stores, Report Says

#91

This could be very interesting if it proves to be true. Seeing Amazon purchase Radioshack and then miraculously return it to its former glory and exclusively sell electronic components, hobbyist kits and stop selling things like TV and phones would be a move that I would wholeheartedly support as would my inner 7 year old self who has fond memories of going to Radioshack with my dad and buying a bag of LED's and vari…

[exclusively sell electronic components, hobbyist kits and stop selling things like TV and phones ]

So sell low margin products and leave out high margin products? How do you expect that to work for a business?

Re: Amazon Is in Talks to Buy RadioShack Stores, Report Says

#92
post #91

This could be very interesting if it proves to be true. Seeing Amazon purchase Radioshack and then miraculously return it to its former glory and exclusively sell electronic components, hobbyist kits and stop selling things like TV and phones would be a move that I would wholeheartedly support as would my inner 7 year old self who has fond memories of going to Radioshack with my dad and buying a bag of LED's and vari…

[exclusively sell electronic components, hobbyist kits and stop selling things like TV and phones ] So sell low margin products and leave out high margin products? How do you expect that to work for a business?

TVs and phones are very low-margin products. Batteries are high margin products. I think the RadioShack cost for a 2-pack of AA batteries is about 5-20 cents, and they charge like 5 dollars, right? A TV or phone costing $500 to RS probably sells for $502. At least, that's how The Source works in Canada (former RadioShack).

Telecom contracts, however, are high-margin, and they'll have to continue increase their mobile contracts significantly if they want to stay in business.

Re: Amazon Is in Talks to Buy RadioShack Stores, Report Says

#95
post #7

Sounds fishy to me. Radio Shack tends to have old leases in 2nd tier shopping centers. Why would they buy a marginal retailer with poor footprint, when you could just lease stores yourself? There was a time when getting space in malls and strip shopping centers was tough. This isn't one of those times.

THIS... buying 2nd class real estate locations won't improve it just with a new name...

Re: Amazon Is in Talks to Buy RadioShack Stores, Report Says

#96
post #91

This could be very interesting if it proves to be true. Seeing Amazon purchase Radioshack and then miraculously return it to its former glory and exclusively sell electronic components, hobbyist kits and stop selling things like TV and phones would be a move that I would wholeheartedly support as would my inner 7 year old self who has fond memories of going to Radioshack with my dad and buying a bag of LED's and vari…

[exclusively sell electronic components, hobbyist kits and stop selling things like TV and phones ] So sell low margin products and leave out high margin products? How do you expect that to work for a business?

Profit has never been high on Amazon's list of priorities...

Re: Amazon Is in Talks to Buy RadioShack Stores, Report Says

#97

Earlier quoted context omitted.

RadioShack is not comparable to Detroit.

Yeah unionized auto workers are far more valuable to politicians than part-time $9/hr people.

The entire voting population of a city [not] losing their jobs all at the same time is more valuable to a politician than a lot of things, really.

Re: Amazon Is in Talks to Buy RadioShack Stores, Report Says

#98
post #56

Earlier quoted context omitted.

You know where I can buy a lot of common electronic components these days? Home Depot. Buildings are increasingly wired with various digital sensors, so electricians are increasingly in need of electronic this-and-that to couple them together. Sure, you can't build whole from-scratch circuits purely from hardware-store parts, but if you run out of resistors/pots/whatever, you can restock pretty cheaply in any town bi…

On the other hand, consider the chain store "Tacoma Screw" around here. They sell what you would expect - screws, nuts and bolts, of every description, type, grade, hardness, length, head, etc. It's a marvelous place for an engineer like me. The prices are, of course, high, but when I break a bolt or lose one for my car or other project, Tacoma Screw has an exact (or better) replacement. The hardware store sells bolt…

I never knew how badly I wanted a store like this around, there've been so many times I'm mid-project or rebuild and the old bolt/nut/fastener/whatever either breaks/gets lost/shot and I just have to wait for the part to come in or wade through the bins at a hardware store which have been waded through by everyone else and now I'm frustrated...

Re: Amazon Is in Talks to Buy RadioShack Stores, Report Says

#99

This could be very interesting if it proves to be true. Seeing Amazon purchase Radioshack and then miraculously return it to its former glory and exclusively sell electronic components, hobbyist kits and stop selling things like TV and phones would be a move that I would wholeheartedly support as would my inner 7 year old self who has fond memories of going to Radioshack with my dad and buying a bag of LED's and vari…

They already sell electronic components, Arduino and Arduino accessories, multimeters, drones, etc. Almost all the Radioshacks in my city (San Francisco), and in my old city (Troy, MI), stock these things.

What makes you think that's the strategy it has to employ to succeed? Because it is doing that, and it's not working. Normal people don't buy those things, and certainly a network of thousands of stores stocking resistors isn't a viable business when the small amount of hobbyists just go online.

Re: Amazon Is in Talks to Buy RadioShack Stores, Report Says

#100
post #98

Earlier quoted context omitted.

On the other hand, consider the chain store "Tacoma Screw" around here. They sell what you would expect - screws, nuts and bolts, of every description, type, grade, hardness, length, head, etc. It's a marvelous place for an engineer like me. The prices are, of course, high, but when I break a bolt or lose one for my car or other project, Tacoma Screw has an exact (or better) replacement. The hardware store sells bolt…

I never knew how badly I wanted a store like this around, there've been so many times I'm mid-project or rebuild and the old bolt/nut/fastener/whatever either breaks/gets lost/shot and I just have to wait for the part to come in or wade through the bins at a hardware store which have been waded through by everyone else and now I'm frustrated...

Whenever I've gone in, there was always a line at the counter!

I use them for all replacement bolts in my car except for internal engine bolts, where I source them from racing suppliers.

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