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Advice from the Loss Prevention Experts September 28, All Rights Reserved. Stay up-to-date with our free email newsletter. Sign Up Now. No, thank you. She has chronicled the stark changes in grocery, malls, e-commerce, major bankruptcies and local retail entrepreneurs.
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State suspends license of former Dallas Fire-Rescue paramedic seen kicking homeless man. I looked at the latest electricity prices in Texas and got a shock. Texas Republican state Sen. Fort Worth, are your ears burning? Are you ready for another big freeze? The company, which would celebrate its th birthday in , appeared to be on top of the tech world in the pre-personal computer days of the late s and early s, the place kids and hobbyist would go to buy radios, walkie-talkies and all the parts to fix them, or even build them themselves.
Unable to capitalize on the PC boom that began in the mid-eighties, it also found itself largely on the outside of the portable device revolution of the aughts and drifting toward irrelevancy. It booked its last profit in After store redesigns and other changes failed to draw customers, the Fort-Worth, Texas, company filed for Chapter 11 bankruptcy protection in and then again two years later. Mehr and Lopez have no designs on rebuilding the brick-and-mortar RadioShack empire. But they say there is a path back to profitability, and it all starts with the name.
And the brand is very, very strong. I have quantifiable data that the brand is very strong. The plan, in short, is to build a vast online marketplace on top of the RadioShack brand. Other bankrupt retailers have found a second life online.
The overhead is low and there are people who remain loyal to the brand, even after the store lights go out. But they are typically much reduced affairs. American Apparel, which went bankrupt and closed all its stores a few years ago, now sells hoodies and sweatpants online.
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