It’s so sad to me to see this once great retailer continue its downward trend. I have so many fond childhood memories stopping by the local Radio Shack (there were actually three in my town) to pick up batteries and other parts.
This morning its stock price is down to $0.82 a share from a high this year of over $4.00. Both of these numbers are a far cry from Radio Shack’s high of nearly $80 a share in December of 1999.
It seems like Radio Shack really had a chance to position itself as the leader in the new “maker” movement, but instead chose to be a second-rate retailer of cell phones and (overpriced) consumer crap.