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Radio Shack Closes 1000 US Stores

PostPosted: Tue May 30, 2017 12:35 am
by Sunbeam
Another sad milestone in the death-march of bricks-and-mortar retail.

Reduced to the presence of The Source stores in Canada for several years, Radio Shack held on in the US until this past weekend, reduced to dinosaur status by the evolution of the very technology they promoted for almost a century. They will carry on with a refreshed effort at on-line internet marketing, but physical walk-in stores are nearly a thing of the past.

Everything Must Go: over the next month or so, UBid Estate & Auction Services LLC will be auctioning off an incredible selection of collectible vintage electronics, computers, memorabilia including promotional material, publications, artwork, store promotional signs and fixtures, employee performance reward items, and even furniture and kitchenware from the Fort Worth, Texas headquarters, and closed stores.

I've already set up a bidder account, and have several items on my Watch-List ;)

My source of this news:
http://www.electronicdesign.com/communi ... ail-stores

The easy link to the auction site: http://www.radioshack.com/auction/
which links to: https://ubidestates.hibid.com/catalog/1 ... uction--1/?

Want to buy current Radio Shack product? you'll have to go to http://www.radioshack.com/

Re: Radio Shack Closes 1000 US Stores

PostPosted: Fri Jun 09, 2017 9:45 pm
by MoodyBlue
The business press does not project good times for brick and mortar stores:
http://time.com/money/4752645/retail-stores-closing-declare-bankruptcy/

A google search on the phrase "many retailers may close" reveals many articles in the press.

Oh the half mile circle around the corner of Yonge and Dundas where so many records were sold now has not one record store.

Sigh!

John