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RadioShack AO Message Board

  • m_totten m_totten Aug 28, 2012 2:01 PM Flag

    RS started in 1899

    I'm guessing some great business minds can figure out how to tweak a model in an incredible long run story for a major USA retailer. A few consultants and some exec shuffling perhaps and this is poised to be amazing turnaround story. Holiday season alone will lift this stock.

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    • Per Radio Shack's corporate web site <http://radioshackcorporation.com/company/history.php>:

      "RadioShack traces its roots to two separate and very different entrepreneurial ventures: the Hinckley-Tandy Leather Company, a supplier of leather shoe parts to shoe repair shops founded in Fort Worth, Texas, in 1919; and RadioShack, a retail store and mail-order operation that was established in Boston in 1921 to serve the needs of radio officers aboard ships. RadioShack quickly grew to encompass a handful of stores in the Northeast, as well as a successful electronics mail-order business. The Hinckley-Tandy Leather Company also prospered, and in 1954, it sold its flagship leather business to expand its scope of operations. In 1959, the company shortened its name to Tandy Corporation, and in 1963, Tandy Corporation acquired RadioShack, marking the company's start as a personal electronics retailer. In 2000, Tandy Corporation changed its name to RadioShack Corp., listing on the NYSE under ticker symbol RSH."

    • >>Holiday season alone will lift this stock.

      Not if few people shop there.

    • Just to make sure that nobody believes that rs started in 1899, I'll give the facts. Rs started in 1919 by the Deuschman brothers, Theodore (Toby) and Milton. The first store was in 1921 on Washington Street, Boston.

    • They need to restructure the debt and get their relationship with Target to be profitable. Those two things will restore some confidence in the company and its stock.