[Coco] According to CNBC, Radio Shack may be ready to go under
Bill Pierce
ooogalapasooo at aol.com
Mon Dec 30 23:40:23 EST 2013
I was talking to a couple of local RS salesmen the week before Christmas and they had just come from a big regonal sales meeting and said the word from the new CEO is that RS is going to try and regain it's roots. They said the whole meeting was about pushing the parts, toys, and non-cellphone electronics as much as possible. They also said they've been stocking less and less cellphones these days and there's a big plan to "enlarge" the back of the store once again to have more shelves and more "stuff".
I don't know if it's too late, but it sounds like the new RS CEO wants to save it and bring the old RS back.
Bill Pierce
My Music from the Tandy/Radio Shack Color Computer 2 & 3
https://sites.google.com/site/dabarnstudio/
Co-Webmaster of The TRS-80 Color Computer Archive
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Co-Contributor, Co-Editor for CocoPedia
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E-Mail: ooogalapasooo at aol.com
-----Original Message-----
From: Glen VanDenBiggelaar <glenvdb at hotmail.com>
To: CoCoList for Color Computer Enthusiasts <coco at maltedmedia.com>
Sent: Mon, Dec 30, 2013 11:24 pm
Subject: Re: [Coco] According to CNBC, Radio Shack may be ready to go under
I have been watching this travesty unfold over the last 2 or so years. The big
problem is that somebody there has the idea that the cell phone market (and
accessories) is the way to make big profits and banked basically the whole
future of the company on that mentality.
Obviously, the market is way over saturated.No amount of concept stores will
save RS from the cliff they are falling over.
My opinion is to learn from the past and "Go back" sort of to RS's hey days in
the '70's and '80's. Cater to the hobbies again, bring back all those cheap
parts from china. Raspberry Pie and Adriano kits are the way of the future, so
load up with those. Play on RS's past reputation. Bring back things like the
battery club, Simple Science fair kits etc. Get the kids involved in the stores
again and hire top notch staff and train them 8 ways till monday. This will
never happen though.
--------------------------------------------------------------------------------------------
>They have good cash reserves but are struggling to modernize. Thought this
>may be interesting.
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