20 Facts About Radio Shack

1.

In 1954, Radio Shack began selling its own private-label products under the brand name Realist, changing the brand name to Realistic after being sued by Stereo Realist.

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2.

Radio Shack was essentially bankrupt, but Charles D Tandy saw the potential of Radio Shack and retail consumer electronics, purchasing the company in 1962 for US$300, 000.

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3.

Much of the Radio Shack line was manufactured in the company's own factories.

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4.

Radio Shack manufactured everything from store fixtures to computer software to wire and cable, TV antennas, audio and videotape.

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5.

House-brand products, which Radio Shack had long marked up heavily, were replaced with third-party brands already readily available from competitors.

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6.

Radio Shack already had over one million parts in its extensive parts warehouses and 128 service centers throughout the US and Canada; it hoped to leverage these to build customer relationships and increase store traffic.

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7.

Longest-running product for Radio Shack was the AM-only Realistic Flavoradio, sold from 1972 to 2000, 28 years in three designs.

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8.

In 1977, two years after the MITS Altair 8800, Radio Shack introduced the TRS-80, one of the first mass-produced personal computers.

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9.

Radio Shack's left the company in August 2006, later becoming CEO and Executive Vice President of Toys "R" Us.

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10.

Radio Shack implemented a plan of action to address existing and future customer service issues.

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11.

Radio Shack's problems maintaining inventories of big-ticket items, such as Apple's iPhone 6, further cut into sales.

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12.

Radio Shack razed the complex and had a 900, 000 square feet corporate headquarters campus built after the City of Fort Worth approved a 30-year economic agreement to ensure that the company stayed in Fort Worth.

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13.

In 2004, Circuit City, a competitor of Radio Shack purchased Intertan, which held the rights to use the RadioShack name in Canada until 2010.

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14.

Radio Shack briefly re-entered the Canadian market, but eventually closed all stores to refocus attention on its core U S business.

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15.

When Radio Shack Corporation filed for bankruptcy the first time in 2015, the Unicomer Group purchased the Radio Shack brand from the bankruptcy court for its exclusive use in Latin America and the Caribbean, except Mexico.

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16.

Company's relationship with Radio Shack dated back to 1998, when Unicomer opened its first Radio Shack franchise store in El Salvador.

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17.

When Radio Shack filed for bankruptcy the first time in 2015, the Egypt-based Delta RS for Trading purchased the Radio Shack brand from the bankruptcy court for its exclusive use in Middle East and North Africa for $US5 million.

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18.

Delta RS for Trading, as Radio Shack Egypt, had opened its first Radio Shack franchised store in 1998 in Nasr City.

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19.

Radio Shack is featured prominently in Short Circuit 2, which serves as a "clinic" for Johnny 5 while he repairs himself after being assaulted by thieves.

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20.

Radio Shack is mentioned and briefly featured on the pilot episode of Young Sheldon.

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