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Shock: Radio Shack may leave FW!!!!


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#101 Doohickie

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Posted 28 March 2017 - 08:21 PM

OMG what did May Owen do to TCC that they named such an ugly building after her?  :unsure:


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#102 Askelon

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Posted 28 March 2017 - 10:11 PM

Good article in the Star-Telegram about how the company's fortunes began to tank almost immediately after it spent all that money on lavish headquarters they were forced to sell and downsize in only months later.

 

http://www.star-tele...cle9376199.html

 

I remember thinking at the time that it was very extravagant - that it was something more to feed the egos of those who ran the company rather than to grow the company.  Impressive headquarter buildings make sense for certain industries where it is necessary to project a certain image or prestige.   But Radio Shack?  Most of its customers outside of Fort Worth would never even have any idea what its headquarters is like - and I seriously doubt any of them would care whether the company was headquartered in an impressive office complex or in ugly abandoned shopping mall.   Perhaps if they had spent that money instead on the retail stores or on developing a new business strategy the story today would be less sad.

   I read somewhere about the connection between Corporations that built or moved to new headquarters and then going bankrupt within one decade. Enron, HealthSouth, MCI.,etc. 


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#103 rriojas71

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Posted 29 March 2017 - 02:22 AM

Good article in the Star-Telegram about how the company's fortunes began to tank almost immediately after it spent all that money on lavish headquarters they were forced to sell and downsize in only months later.
 
http://www.star-tele...cle9376199.html
 
I remember thinking at the time that it was very extravagant - that it was something more to feed the egos of those who ran the company rather than to grow the company.  Impressive headquarter buildings make sense for certain industries where it is necessary to project a certain image or prestige.   But Radio Shack?  Most of its customers outside of Fort Worth would never even have any idea what its headquarters is like - and I seriously doubt any of them would care whether the company was headquartered in an impressive office complex or in ugly abandoned shopping mall.   Perhaps if they had spent that money instead on the retail stores or on developing a new business strategy the story today would be less sad.

   I read somewhere about the connection between Corporations that built or moved to new headquarters and then going bankrupt within one decade. Enron, HealthSouth, MCI.,etc.

Devon Energy comes to mind.

#104 Doohickie

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Posted 29 March 2017 - 07:16 AM

Pier One had troubles after they built, but they turned it around.


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#105 Austin55

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Posted 24 May 2017 - 04:31 PM

I got an advertisement on Facebook saying "everything for sale at your local RadioShack!"

The ad was selling the shelves in the store. They really mean it when they said everything.

#106 John T Roberts

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Posted 24 May 2017 - 09:44 PM

We knew it was coming, sooner or later.



#107 jefffwd

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Posted 25 May 2017 - 12:17 AM

We knew it was coming, sooner or later.

True.  I can't remember the last time I was in a Radio Shack...  It's kinda sad that it is the end of an era but it is really no great loss unless you need a spool of speaker wire or a weather radio.  However, I did spot this on their site...  if they are shutting down completely why do they have so many job openings?  https://recruiting2....d7-39250cb7fe47  



#108 Austin55

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Posted 01 June 2017 - 09:02 AM

Radioshack is auctioning off a bunch of stuff. 

 

https://ubidestates....ck-auction--1/?

 

I'm sure some of our local historians and collectors might be interested in some of it. 


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#109 JBB

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Posted 01 June 2017 - 09:18 AM

There's a lot of interesting items in there. The Cue Cat samples made me laugh.

#110 Mr_Brightside526

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Posted 01 June 2017 - 12:26 PM

Radio Shack should have rebranded itself as those electronic stores in airports. Maybe even a new name..."WiFi Shack?"



#111 PeopleAreStrange

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Posted 01 June 2017 - 09:38 PM

You could open a museum with all that stuff.


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#112 Doohickie

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Posted 01 June 2017 - 09:56 PM

Radioshack is auctioning off a bunch of stuff. 

 

https://ubidestates....ck-auction--1/?

 

I'm sure some of our local historians and collectors might be interested in some of it. 

 

I started looking through that.  At first I was like :eek: and then I was like :cry: .  That's a part of my world and it's going away.


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#113 Austin55

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Posted 02 June 2017 - 09:52 AM

There is some fabulous stuff in there! Really sad they must part ways with it.

Here's a WFAA article on the last remaining 'shack in DFW. In Weatherford. For some reason.

http://www.wfaa.com/...texas/445016879

#114 Austin55

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Posted 27 September 2017 - 03:27 PM

RadioShack is officially leaving Downtown.

http://amp.star-tele...e175689051.html

#115 JBB

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Posted 27 September 2017 - 03:33 PM

They're like the company that won't die. Will TCC just absorb and absorb the vacant space? I seem to remember that being the long term plan.

#116 Austin55

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Posted 27 September 2017 - 03:38 PM

Yeh. Hopefully this speeds up the May Owen relocation & Omni expansion.






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