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RE: Tis The Season For Bankruptcies

Radio Shack is a prime example of a company that zigged when they should have zagged. There are many examples.

Change is something that many companies have difficulty with. Of course, a bit part of RS business model was foot traffic in malls. That dried up as online took over in general.

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That is very true. I was lucky to be in a store that was in a strip mall. We didn't get a lot of "lookers", but we did get a lot of employees from the local chemical plant who where there for a specific component. I had a couple engineers who would come in and compete with each other over how much they could put on their corporate credit cards. I think going all in on Cell phones and forgetting what got them where they were was one of their biggest mistakes.

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That and the fact that online shopping, especially Amazon started to eat into all physical retailers numbers.

It was one of those storms that just crushed Radio Shack.

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