It seems like the end of the line for Radio Shack. It sales have been declining for the past few years. Bloomberg has reported that “RadioShack is reportedly considering the sale of half of its stores to Sprint and then closing the rest.” It is also reported that Amazon is interested in purchasing some of the stores.
This will affect us here in Hernando as we currently have three Radio Shack stores.
Radio Shack was on the forefront of the personal computer revolution. They had the Tandy personal computer. They made the decision to not sell computers and computer components. They stayed with selling basic electronics, in hindsight this seems to have been a poor decision.