It would be sad to see RadioShack go the way of Venture, Montgomery Ward and video rental stores.
RadioShack has been such a fixture in the American retail landscape, constantly reinventing itself to survive the mercurial changes in consumer demand. The market, though, keeps shifting faster than retailers can keep up with people getting more and more goods online.
The New York Stock Exchange is in the process of delisting the nearly century-old company with 4,000 stores. RadioShack, which filed for bankruptcy on Thursday, hasn’t had a quarterly profit since 2011, reporting a $161 million loss in December and a 13.4 percent drop in sales at outlets that have been open more than a year, The Washington Post reports.
Basements in many homes no doubt contain stuff people have purchased over the years at RadeoShack. Someday there may even be a RadioShack museum, where we can all go to gawk and point at what used to be the latest item that once everyone had to have.