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Thread: Even CEO Can't Figure Out How RadioShack Still In Business

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  1. #1
    Join Date
    Feb 2002
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    Question Even CEO Can't Figure Out How RadioShack Still In Business

    Despite having been on the job for nine months, RadioShack CEO Julian Day said Monday that he still has "no idea" how the home electronics store manages to stay open.

    "There must be some sort of business model that enables this company to make money, but I'll be damned if I know what it is," Day said. "You wouldn't think that people still buy enough strobe lights and extension cords to support an entire nationwide chain, but I guess they must, or I wouldn't have this desk to sit behind all day."

    The retail outlet boasts more than 6,000 locations in the United States, and is known best for its wall-sized displays of obscure-looking analog electronics components and its notoriously desperate, high-pressure sales staff. Nevertheless, it ranks as a Fortune 500 company, with gross revenues of over $4.5 billion and fiscal quarter earnings averaging tens of millions of dollars.

    "Have you even been inside of a RadioShack recently?" Day asked. "Just walking into the place makes you feel vaguely depressed and alienated. Maybe our customers are at the mall anyway and don't feel like driving to Best Buy? I suppose that's possible, but still, it's just...weird."

    After taking over as CEO, Day ordered a comprehensive, top-down review of RadioShack's administrative operations, inventory and purchasing, suppliers, demographics, and marketing strategies. He has also diligently pored over weekly budget reports, met with investors, taken numerous conference calls with regional managers about "circulars or flyers or something," and even spent hours playing with the company's "baffling" 200-In-One electronics kit. Yet so far none of these things have helped Day understand the moribund company's apparent allure.

    "Even the name 'RadioShack'—can you imagine two less appealing words placed next to one another?" Day said. "What is that, some kind of World War II terminology? Are ham radio operators still around, even? Aren't we in the digital age?"
    How do they do it??
    Where there is charity and wisdom, there is neither fear nor ignorance.
    Francis of Assisi


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  2. #2

    Default

    Have you been to Radio Shack and asked a question to the staff

    I was looking for some Tuner Cleaner

    I asked the Lady if there was any she said no but I went and looked any way.

    I showed her the can


    and said do you know what a tuner is

    She said and I aint lying

    ARE YOU READY

    ARE YOU SURE

    She said--Yes it is a fish

    But you see I was the dumb one

    she never saw a tuner on a TV how would she know

  3. Default

    "You've got questions? We've got blank stares."

    Even though I must admit, I have seen a bit of a turn-around in my local stores.

    Quote Originally Posted by WB3JLA View Post
    Have you been to Radio Shack and asked a question to the staff

    I was looking for some Tuner Cleaner

    I asked the Lady if there was any she said no but I went and looked any way.

    I showed her the can


    and said do you know what a tuner is

    She said and I aint lying

    ARE YOU READY

    ARE YOU SURE

    She said--Yes it is a fish

    But you see I was the dumb one

    she never saw a tuner on a TV how would she know
    Corey, KC2UGV
    ---


    "A person with Ubuntu is open and available to others, affirming of others, does not feel threatened that others are able and good, for he or she has a proper self-assurance that comes from knowing that he or she belongs in a greater whole and is diminished when others are humiliated or diminished, when others are tortured or oppressed." - Archbishop Desmond Tutu

  4. #4

    Default

    Another bad choice for a CEO. If he doesn't get it and seemingly doesn't want to, perhaps he should just bow out before he ruins what's left.
    Perhaps that's just not how things are done in the corporate world.
    Last edited by KG4CGC; 01-07-2009 at 07:13 PM.
    The Voice Of Seasoning

  5. Default

    Quote Originally Posted by KG4CGC View Post
    Another bad choice for a CEO. If he doesn't get it and seemingly doesn't want to, perhaps he should just bow out before he ruins what's left.
    Perhaps that's just not how things are done in the corporate world.
    It's an article from "The Onion".
    Corey, KC2UGV
    ---


    "A person with Ubuntu is open and available to others, affirming of others, does not feel threatened that others are able and good, for he or she has a proper self-assurance that comes from knowing that he or she belongs in a greater whole and is diminished when others are humiliated or diminished, when others are tortured or oppressed." - Archbishop Desmond Tutu

  6. #6

    Default

    psssst. don't tell anyone. shhh.
    The Voice Of Seasoning

  7. #7
    Join Date
    Jan 2006
    Location
    Raleigh, NC 27617
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    9,301

    Default

    Quote Originally Posted by n2nh View Post
    Perhaps someone should use WinLink to send an email to him to demonstrate that ham radio is still around, and has entered the digital age.

    Mike

  8. #8

    Default Back to McDonal's

    Radio Shack will not be around long. Too bad for the employees that will have to go back and work for McDonald's again "Would you like an apple pie with that?"
    .
    .

  9. #9

    Default

    Radio Shack today has turned into just another Cell Phone Store with, in my opinion, a lot of, not all, low quality and high priced items and junk. What's with the Cell Phone mania?
    Even the local Malls here have overkill on cell phone outlets, and kiosks, some with-in 20 feet of each other.
    Back to the topic, it is amazing that Radio Shack is still in business and I am assuming that their decision to market those "cells" have in some manner allowed them enough of the market to hang on by their finger nails.
    I to, am awaiting the announcement of them shutting down most or all of their stores or filing for bankruptcy. Unless, some FOREIGN investment group is keeping them in the money like other well known companies in the USA.
    I wish the employees, good luck, I hope they stay open for all of you.
    N2ACX

  10. #10
    Join Date
    Nov 2008
    Location
    Toledo, Ohio in the United States of America
    Posts
    710

    Default

    Up until the early 80's Radio Shack was not too bad. They had lots of parts and all kinds of electronic items, kits, test equip, etc...They now only sell an item if it is a very fast mover. Their parts selection is a joke. They only stock a handful of VOM's.

    Years ago I asked a local sales guy for a specific resistor value, and I was asked "positive or negative?"
    Last edited by KA8RAW; 01-07-2009 at 08:58 PM. Reason: typo

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