i love radio shack because where else on a sunday afternoon can you find a place in the mall to buy a PNP transistor or a 7805 voltage regulator chip. on the other hand i also hate radio shack because they charge the biggest rip off prices in the world! a $1 for a 7805 chip - what a rip off. but a least from a libertarian perspective we can vote with our wallet and choose to either shop or not shop at radio shack. and while i try to stay away from radio shack as much as possible every once in a while i need a chip of some type at some odd hour when the rest of the electrionic parts shops are not open and end up going to radio shack and paying there rip off prices. but at least i get the chip when i need it, instead of being forced to wait till monday. thats why i like radio shack.
Feb. 18, 2006 12:00 AM
RadioShack earnings fall, to close stores, 2 centers
DALLAS - Electronics retailer RadioShack Corp. on Friday said that fourth-quarter earnings dropped 62 percent and disclosed plans to close 400 to 700 stores and two distribution centers as part of a plan to improve its financial performance.
The company said it could not project the number of job cuts until it identifies all the affected stores, but 88 employees will be affected from the distribution center closings in Charleston, S.C., and Southhaven, Miss.
RadioShack said the stores it plans to close are company-operated. There are nearly 7,000 RadioShack stores operated by the company or dealers, and more than 700 wireless kiosks. It also has more than 100 stores in Mexico. Radio Shack has about 60 stores in the Phoenix area, according to the company's Web site.