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YouTubeMichael Girdley
The rise and fall of Radio Shack: From $5 billion to bankruptcy
In the 1990s, RadioShack was everywhere. With over 8,000 stores, $5 billion in sales, and 94% of Americans living within 5 minutes of a location, the chain dominated consumer electronics. From DIY radio parts to early home computers like the TRS-80, RadioShack was once an American business icon. So how did it collapse into bankruptcy—twice ...
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Wild fact from this video: At its peak in 1999 Radio Shack had over 8,000 stores across the globe. 15 years later, after 11 consecutive quarterly losses, RadioShack was delisted from the NYSE and subsequently filed for Chapter 11 bankruptcy | Historyfeels
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