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  • They already are delisted. They went under $1/share in the summer of…now last year (2014).



  • Good thing the world's about to end - too much more of this and it'd be…the end of the world, I guess.

    Is RS listed on NASDAQ? It's my understanding that they require a company to maintain a stock price of at least $1 or they get delisted.



  • Bit of an update:
    http://www.marketwatch.com/investing/stock/rsh

    At Dec 18 or thereabouts it was at 33 cents. Few days ago it was 38 cents…

    I hear they have secured a new deal for funding--this may just be reaffirmation of its final breaths of life or it could be the bankruptcy period may be a "last chance" at restructuring and not a final nail in the coffin. Not holding my breath, though. They've been on a downward spiral for awhile now.

    I hear some deliberation that stockholders may hold onto the name and keep open some better performing chains (i.e. the one in Lake Tahoe grossed $2.5M last year) under a restructure, but now they may operate more like privately owned businesses in a franchise. They'd have to have fewer categories and focus on those if they are to stand a chance. Still not sure what they think they'd do, exactly.

    @'Nuke':

    Take the money-grubbers out of the top tier of these corporations and they might survive longer. Unfortunately, the sense of entitlement is too deeply-seeded and the common notion is that those at the top HAVE TO BE millionaires before they turn 40.

    As a result, they make all the decisions necessary to achieve that end, and in the process destroy the company.

    I'm hearing more and more now how they have fucked over employees–from ex employees. Not unlike their competitor, Fry's.

    As I understand it's the race of relevance, now. You either generalize and offer mass quantity, or you specialize, and perhaps try to even fill a niche. Neither works when your prices aren't attractive unfortunately. Plus, they have way too many stores with too little variety.

    In the case of Radio Shack, they were always the Go-To place for electronics hobbyists.
    When it became cheaper to buy a new appliance/apparatus than to have it repaired (or repair it yourself with components from RS), I heard the first Bell toll.

    Unfortunately, that's the price of advancement. Repairs are now so modular and simple you don't really even need an oscilloscope for the majority of things anymore. That is IF they even sell replacements for the part that burns out.

    Also, hobbies have changed over time. Less people tinker with stuff anymore either. It's all TV, internet, video games, etc. So less customers in one category means they had to have more categories.

    When they started putting in phone stores (Sprint in the local one), and the staff couldn't tell a DPDT switch from a breadboard, I heard the 2nd Bell toll.

    Yup. I can be dressed in plaid work jacket full of sawdust and STILL be mistaken for an employee because I can tell you what's wrong with your power adapter. Or what a 555 timer does. But as I said above, we're basically a dying breed. We may always be around, but most consumer electronics is trending toward modular, mobile, sleek.

    The final Bell tolls, and RS will be a memory.

    The question then turns to Mouser - how long until…?

    It's people like them who are putting the brick and mortar stores out of business because they specialize while being almost solely internet and international, while generalists like Wal-Mart and Amazon put brick & mortar stores out of business from the other sides of the equation.

    I'd say Fry's and Barnes & Noble are potentially in danger within the next 5-10 years. Possibly Best Buy, though managed to beat the reaper for now, but time will only tell.

    They will all be harder to kill because they are engaged online as well as brick & mortar.

    Fry's is the exact opposite of RS: wider selection and fewer stores.
    However their downsides:
    – Unscrupulous but in a more savvy way where THEY remain in control of their relationships with suppliers, similar to Wal-Mart. This has a long term effect of slowly turning off suppliers.
    -- Their employee troubles are starting to hollow them out from the inside.
    -- Their pricing is slowly creeping up, while their in-store stock is getting more and more disheveled on the shelves.

    Barnes & Noble... hard to say but since Amazon is going to open a chain in Reno NV soon, where one of B&N's major online & shipping stores are...I get the impression Amazon is attempting to run them out as it's Amazon's only real competitor.



  • Take the money-grubbers out of the top tier of these corporations and they might survive longer. Unfortunately, the sense of entitlement is too deeply-seeded and the common notion is that those at the top HAVE TO BE millionaires before they turn 40.

    As a result, they make all the decisions necessary to achieve that end, and in the process destroy the company.

    In the case of Radio Shack, they were always the Go-To place for electronics hobbyists.
    When it became cheaper to buy a new appliance/apparatus than to have it repaired (or repair it yourself with components from RS), I heard the first Bell toll.

    When they started putting in phone stores (Sprint in the local one), and the staff couldn't tell a DPDT switch from a breadboard, I heard the 2nd Bell toll.

    The final Bell tolls, and RS will be a memory.

    The question then turns to Mouser - how long until…?



  • True, if I need cable I could just go to an electrical supply house, or components I could go online to any number of stores. …But that all kind of leads into the next points I wanted to make.

    The struggle to stay relevant is dependent on being online and being visible--just for starters.
    The other issue is how big competitors are and how long they're able to undercut smaller competitors before something has to give. It seems more and more what gives is a smaller business being run out of business.

    I predict we're going to see the predominant "vanguard" stores online begin to open chains in person, and not just electronics. I question if this trend won't continue into the service industry, or even in general. Forgive the analogy: It's kind of like how in Star Wars has this "Czerka Corporation" or RoboCop had Omni Consumer Products (or Omni Corp. in the new movie).

    Point being: I question whether or not it's all going to be the same stores everywhere while we're all stuck with the same stores and the same...overpriced crap that isn't worth what you paid.

    As a bit of a small business type myself, I think it's worth asking because if we as consumers aren't careful, it may end up affecting all of us in the long run. It may sound overblown now, but this kind of stuff doesn't happen overnight, it gathers momentum over time. Then suddenly it's like "Well shit, how did this happen?" --while all the money watchers hiss "anybody could have seen this coming if you'd only watch the trends!" as another one bites the dust.

    Look, I don't know where all I'm going with all this or if it even makes sense, but it's one of those things I can't help but wonder. I think we can maybe learn some kind of lesson here is all.



  • IMO, RadioShack once filled a niche for electrical odds & ends that were hard to find in other places. Unfortunately the supply of circuit components faded and gave way to TVs, cell phones, etc. which you can get just about everywhere. Now if I need a resistor or some LED's I have to go online.

    In a way, I'm glad they're done. They were selling nothing out of the ordinary, and what they were selling was crap / overpriced. No one's going to pay $30 for a 1ft cable. I don't care if it's plated in Mithril, shielded by Kryptonite, and braided by the hands of God.



  • Hi ответьте на вопросик Какая игра прикольней?
    Надумал пошпилить, но не решил какую игру выбрать.

    Буду оченнь рад совету!



  • ^^^Shit. .Fry's is having trouble now too? They normally kick the shit out of Best Buy. Vehicle Audio and House Appliance are their mainstays but…yeah the whole point about them is they are willing to compete on prices and have a decent selection in most general areas of electronic tech. Sure not as extensive as specialists, but should be fine for most folks.

    This year the one in San Diego had a waiting line 3 miles long for black friday at least.

    CA has 17 stores, TX has 8 stores.... Yours is one of only 7 or 8 chains OUTSIDE the 2 main cluster states. I'd think it'd be doing a helluva lot better. Please tell me they at least kept the PC and electronic components sections? Basic appliances?



  • Actually the local Fry's here in sw az, our biggest store let go of their electronics section altogether. Anything from tv's to bluray players, games all on clearance. -v.v sad times man


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