Search results
Website. radioshack.com. 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.
Tandy Corporation was an American family-owned retailer based in Fort Worth, Texas that made leather goods, operated the RadioShack chain, and later built personal computers. Tandy Leather was founded in 1919 as a leather supply store. By the end of the 1950s, under the tutelage of then-CEO Charles Tandy, the company expanded into the hobby ...
Since then, Radio Shack has grown to more than 7,300 stores, and its net sales and operating revenues have ballooned to $4.8 billion. Tandy began to phase-out its non-electronic product lines. And in 1975, Tandy Corporation became exclusively an electronics company after it spun off all other operations into Tandycrafts and Tandy Brands.
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.
Since then, RadioShack has grown to more than 7,300 stores, and its net sales and operating revenues have ballooned to $4.8 billion. In 1975, Tandy Corporation became exclusively an electronics company after it spun off all other operations into Tandycrafts and Tandy Brands.
Nov 1, 1995 · In the 1990s the four principal subsidiaries of the firm were Tandy Credit Corp.; O'Sullivan Industries, a manufacturing subsidiary; Tandy Electronics; and A & A International. Of Tandy's thirty-four manufacturing plants, twenty-eight were located in the United States. Around 2000 the name Tandy was dropped, and it became RadioShack Corporation.
People also ask
When did Tandy change its name to RadioShack?
When did RadioShack become Tandy Corporation?
Why did Charles Tandy Buy RadioShack?
Did Radio Shack sell Tandy computers?
How did Charles Tandy Change Radio Shack?
Is Tandy the most innovative company since Radio Shack?
Over the years, the Tandy Corporation (the Hinckley-Tandy Leather Company was officially renamed Tandy Corporation in 1961 after the partners split), too, had grown and expanded; however, with Charles Tandy’s vision and the company’s financial management, Tandy was now a multi-million-dollar leather goods corporation.
