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The first 40 years. The company was started as Radio Shack in 1921 by two brothers, Theodore and Milton Deutschmann, who wanted to provide equipment for the new field of amateur radio (also known as ham radio). The brothers opened a one-store retail and mail-order operation in the heart of downtown Boston at 46 Brattle Street.
- But Attempting to Reinvent Itself. Surprisingly, RadioShack continues to remain afloat. According to the company’s new restructuring campaign, the new RadioShack “continues to roll out dozens of concept stores” while “almost all stores are getting a brighter, bolder, fresh new look.”
- RadioShack is Struggling… Since April 2012, RadioShack has continued to report poor quarterly results sinking its stock to an all-time low. In 2013, the company’s stock price sank on rumors that RadioShack would be soon declaring bankruptcy while 2014 led to an even greater loss of over $400 million, forcing the company to close hundreds of nationwide retail locations.
- RadioShack Helped Start the PC Revolution. In 1977, RadioShack introduced the very first mass-marketed, fully-assembled personal computer. Named the TRS-80 with a Level II BASIC operating system created by Bill Gates, this PC helped RadioShack become one of the biggest names in the computer business and even introduced one of the first laptops, the “Model 100” in 1983.
- The Hinckley-Tandy Leather Company. RadioShack can actually trace its roots back to a separate and very different company. Formed in 1919, the Fort Worth, Texas leather shoe parts supplier known as Hinckley-Tandy Leather Company bought the struggling RadioShack organization in 1963, solely becoming an electronics retailer in 1975 known as Tandy Corporation.
Sep 12, 2014 · RadioShack was started by brothers Theodore and Milton Deutschmann who sold radio supplies at a small Boston store.
Radio Shack company started in 1921 by two brothers, Theodore and Milton Deutschmann, who wanted to provide equipment for the field of amateur, or ham radio. The brothers opened a one-store retail and mail-order operation in downtown Boston at 46 Brattle Street.
The company was started as Radio Shack in 1921 in Boston, Massachusetts, by two brothers, Theodore and Milton Deutschmann, who wanted to provide equipment for the cutting-edge field of amateur, or ham, radio.
The company was founded in 1921 by Theodore and Milton Deutschmann, initially as a provider of equipment for the nascent field of amateur radio. It later diversified into music equipment and electronics. In 1962 it was purchased by the Tandy Corporation, until then a producer of leather goods.
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History of Radio Shack. Radio Shack started in 1921 in Boston, Massachusetts by brothers Theodore and Milton Deutschmann. They wanted to provide equipment for the cutting-edge field of amateur, or ham, radio.
