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Radio Shack Store, Courtesy of Wikipedia

Radio Shack Store, Courtesy of Wikipedia

Radio Shack (AKA, RadioShack, The Shack, Tandy Corporation, Realistic, Optimus, etc) appears to be filing for Bankruptcy if the Wall Street Journal and Reuters is to be believed.  I see the words “private equity firm” in the article, that does not bode well.

Radio Shack of late has become a glorified cell phone store.  It used to be one could get some emergency repair parts, an FM antenna or a CB radio as the need arose.  As a young lad, it was fun to poke around and look at the various radio kits and other assorted fun things.  My first shortwave radio was a kit from Radio Shack; assembly finished just in time to hear the Vatican Radio’s announcement that Pope Paul IV had died.

What happened to Radio Shack is fairly typical; what was once a niche market for hobbyists and experimenters tried to go main stream and lost their core customers.  There are still plenty of electronics hobbyists out there, look at the Amateur Radio community as an example.  Yet, that market was abandoned for the more lucrative general consumer electronics market.  Unfortunately, Radio Shack never produced high quality stuff, so their reputation in the consumer electronics market was not that great.  Thus, not being known for anything, they slowly slipped into irrelevance.

Axiom


A pessimist sees the glass as half empty. An optimist sees the glass as half full. The engineer sees the glass as twice the size it needs to be.

Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.
~1st amendment to the United States Constitution

Any society that would give up a little liberty to gain a little security will deserve neither and lose both.
~Benjamin Franklin

The individual has always had to struggle to keep from being overwhelmed by the tribe. To be your own man is hard business. If you try it, you will be lonely often, and sometimes frightened. But no price is too high to pay for the privilege of owning yourself.
~Rudyard Kipling

Everyone has the right to freedom of opinion and expression; this right includes the freedom to hold opinions without interference and to seek, receive and impart information and ideas through any media and regardless of frontiers
~Universal Declaration Of Human Rights, Article 19

...radio was discovered, and not invented, and that these frequencies and principles were always in existence long before man was aware of them. Therefore, no one owns them. They are there as free as sunlight, which is a higher frequency form of the same energy.
~Alan Weiner

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