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RadioShack (formerly written as Radio Shack) is an American electronics retailer, which was established in 1921 as an amateur radio mail-order business. Its original parent company, Radio Shack Corporation, was purchased by Tandy Corporation in 1962, shifting its focus from radio equipment to hobbyist electronic components. At its peak in 1999 ...
A BRIEF HISTORY OF RADIO SHACK. The story of Radio Shack begins in 1919 in Fort Worth, Texas, with a chance meeting of two friends, Norton Hinckley and Dave L. Tandy (1889-1966). During their visit, these ambitious young fellows decided to pool their resources and go into business together.
The Deutschmanns thought the name was appropriate for a store that would supply the needs of radio officers aboard ships, as well as "ham" radio operators. Beginning in 1921, RadioShack would grow to a handful of stores clustered in the Northeast, and become a leading electronics mail-order distributor to hobbyists.
Ask anyone who grew up in the second half of the 20th century if they knew about, shopped at, or had a Radio Shack store nearby, and the answer would most probably be yes to all three. It was “the place to go for gear,” according to The New York Times in a 2014 article that reported on the company’s “history of misses.”
The company issued its first catalog in the early 1940s and then entered the high-fidelity music market. In 1954, Radio Shack began selling its own private-label products under the brand name Realist, but was subsequently sued and consequently changed the brand name to Realistic. After expanding to nine stores plus an extensive mail-order ...
Key Dates: 1960: Tandy Corporation is established and begins trading on the New York Stock Exchange. 1963: Tandy buys the RadioShack chain. 1977: Company begins selling personal computers. 1985: Scott-McDuff and Video Concepts are acquired. 1988: GRiD Systems Corporation is acquired. 1991: Computer City chain is launched.
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Feb 22, 2018 · In 1963, Tandy acquired the ailing Radio Shack for $300,000, seeing the potential in the company. At the time, Radio Shack consisted of the mail-order business and nine retail stores around Boston ...
