A History of Misses for RadioShack

Re:A History of Misses for RadioShack by sillysaurus3 on Tuesday September 16, 2014 @11:31PM (#8328426)

Not to totally disagree with you, but there's something to be said for walking into a store and holding stuff in your hands before buying it. It's true that you can get any possible component you want from the internet, but on the other hand it's much more fun (funner? Is there even agreement about whether that's a word?) to walk in and fiddle around with components and imagine how you might use them in your own designs. Radioshack has all kinds of buzzers, motors, switches, etc, and some of them are even pretty ridiculous and over the top, which is awesome. You can make your own little Dr Evil Doomsday device for like $10, which is way more entertaining than a movie. I hope Radioshack manages to persist.

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Re:A History of Misses for RadioShack by VLM on Wednesday September 17, 2014 @07:53AM (#8329514)

"there's something to be said for walking into a store and holding stuff in your hands before buying it."

Yes, I always, every time, end up feeling "This is a PITA having to drive across town and haul the screaming kids and coordinate schedules and park far away and burn more than an hour of my life for the privilege of paying three times as much as amazon prime for the same cable and argue with a teenage sales droid about why I don't want a $25 extended warantee in case it breaks (well, thats more a best buy thing, another place I never go to anymore). Oh and I pay $99/yr or whatever it is for prime which I'm "wasting" if I'm not using prime... I'm never going to this store again and next time I need a HDMI cable I'm pulling out my phone 24x7 frictionless and paying $3 at Amazon, not $10+ at RS after investing an hour". The next time I need a cable or gadget I think about going back to a retail store, cringe a little inside, and whip out the phone and order it online instead.

If you're into "real" electronics I live within 1 day shipping range of Thief River Falls MN (aka digikey) so I pay for cheap shipping and get it the next morning anyway, and there is a huge tigerdirect midwest shipping depot 1 UPS day away (actually less, I've paid for 3 day shipping and gotten stuff in 12 hours before, that was weird). Deal Extreme can air ship me non-UL listed fake FCC cert gray market stuff faster than I can get real stuff from California for less than the shipping from CA, which always freaks me out.

Retail just doesn't have a purpose anymore other than perishable fresh food. Its just obsolete. Like worrying about the disappearance of buggy whip manufacturers, or horse stable facilities in major city downtowns.

(whoops edited to add there is one use for retail electronics and its traveling. The only time in several years that I walked into a retail electronics store was when my bluetooth earbud got drenched in a sudden downpour and wouldn't come back to life while I was traveling far away from home, and I kinda sorta needed it for a business conference call, so I paid 2x amazon price at best buy for a replacement and was fairly happy to do so. So airports, train stations, bus stations, tourist traps.)

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Re:A History of Misses for RadioShack by hfsktr on Wednesday September 17, 2014 @09:22AM (#8329782)

"Retail just doesn't have a purpose anymore other than perishable fresh food. Its just obsolete."

Not everyone has internet and not everyone has a credit card or debit card to buy online. There are ways around those like a public library for internet and a prepaid card.

It's not common to match all that but it will happen. Some people might even like holding something before buying it (pictures can't tell you everything).

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Re:A History of Misses for RadioShack by VLM on Wednesday September 17, 2014 @05:19PM (#8332421)

"Not everyone has internet and not everyone has a credit card or debit card to buy online."

This seems to boil down to people who are removed from the modern economic system are unable to participate in the modern economic system.

Another way to look at it is we strongly segregate by income, so its quite possible retail will live for a little longer in poor urban areas, although it will be doomed in the 'burbs and is already kinda doomed in rural areas.

"Some people might even like holding something before buying it"

I admit you're partially correct, my short list of "fresh produce" probably needs clothing stores and plant nurseries/garden stores. And some crafts, when I go to the woodworking store I pick thru the aisles finding just the right piece of wood for the job. Fine art, hand made as opposed to mass produced posters or whatever, is probably something best purchased in person.

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Re:A History of Misses for RadioShack by ghaff on Wednesday September 17, 2014 @12:30AM (#8328617)

>Not to totally disagree with you, but there's something to be said for walking into a store and holding stuff in your hands before buying it.

In general, sure.

And, maybe, for a lot of complicated audio interconnections, a physical RS was helpful for tying your cables and connections together. I'm less convinced that's especially important today. Nor are the TV antenna displays.

I sorta agree with respect to all the various buzzer/motor/etc. stuff but those are all ultimately loss leaders--and always have been. The problem is that RS doesn't have any real cash cow business now to support all that stuff.

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Re:A History of Misses for RadioShack by JacobAldridge on Tuesday September 16, 2014 @11:55PM (#8328505)

Isn't part of the general 'Retail business model' issue at present the number of people who walk in, hold it in their hands ... and then jump online with their smartphone and buy it for 10% less?

There will always be a 'need it immediately' market, as there will always be a 'I'm buying it here from a moral perspective', but I wouldn't want to build a business (let alone one the size of RadioShack) just on those target consumers.

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Re:A History of Misses for RadioShack by leoc on Wednesday September 17, 2014 @12:32AM (#8328621)

The thing is that the Radio Shack model is viable, or at least it seems to be viable in the UK, as Maplin http://www.maplin.co.uk/ https://en.wikipedia.org/wiki/Maplin_Electronics seems to be doing well for itself at present. And the UK market conditions don't look all that different to those in the US, or at least not all that much easier: Britain has online electronics wholesaler/retailers https://en.wikipedia.org/wiki/Farnell_element14 , and Amazon, and specialist online IT retailers http://www.dabs.com/ , and fairly-big-box electrical/computer retailers https://en.wikipedia.org/wiki/PC_World_(retailer) , and a big chain of mainstream catalogue shops https://en.wikipedia.org/wiki/Argos_(retailer) and a famously aggresssive supermarket landscape. So I assume that Radio Shack is either less-well-managed, or maybe just overly burdened with debt.

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Re:A History of Misses for RadioShack by TheOtherHobbes on Wednesday September 17, 2014 @02:18AM (#8328789)

Maplin have been around since the 1970s when they were the go-to mail order store for British electronic hobbyists. But they're also having issues. Competition on bread and butter basics like cables from eBay and Amazon is killing them on price. Likewise PC World, who are struggling for similar reasons.

Argos and the like sell toasters, watches, cheap jewellery and gardening tools, so they're not in the same market.

Farnell (and RadioSpares, Mouser, and Digikey) are primarily industry suppliers who sell components to the tiny hobbyist market as a sideline, but make most of their money elsewhere.

The real competitors now are companies like Adafruit (US) and Cool Components (UK) who caught the Maker wave and are riding it very successfully - possibly because they sell clever, useful things, and they treat customers like adult engineers, not gullible children.

Radio Shack was already a legacy company by the 1970s, staffed by the kind of marketing geniuses who come up with ploddingly dreadful brand names like 'Realistic' and 'Flavoradios.'

The UK equivalent would have been Amstrad back in the 70s and 80s - purveyors of cheaply made over-marketed consumer electronics to buyers who were clueless about better options.

Clearly, RadioShack doesn't have much of a niche any more. Buyers can get better products more cheaply elsewhere, and the hands-on electronics business has moved in a direction their management doesn't have the talent to emulate.

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Re:A History of Misses for RadioShack by leoc on Wednesday September 17, 2014 @10:00AM (#8329953)

Adafruit etc. compete for Maplin's core(ish) electronics-hobbyist business, but they largely don't sell hi-fi cables or PC components, for example, and they're not on the high street. Argos does sell a significant proportion of the stuff you can buy in Maplin—blank media, HDMI cables, electronic goods, even computers—for all it also sells many other things which don't overlap with Maplin's stock. Of course none of these rivals is in the same market niche as Maplin (or Radio Shack): if Maplin and Radio Shack were being beaten down by companies in the same niche then it's unlikely that anyone would be questioning whether that niche is still viable at all.

The online maker-shops may even be aiding Maplin in some respects, as they've helped to create and make popular new product lines like Arduino shields and RasPis which Maplin has been able to bring to the high street.

So while Maplin does have issues to face, it appears to be profitable (it's even been expanding recently) while facing similar competitive pressures to today's Radio Shack. Thus if Radio Shack is bombing in roughly the same niche as Maplin, it's presumably down to inferior management (or maybe debt load) rather than the niche itself being unviable.

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Re:A History of Misses for RadioShack by rjsw on Wednesday September 17, 2014 @05:13AM (#8329198)

Argos is interesting though in how they have combined use of their original retail stores with the internet.

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Re:A History of Misses for RadioShack by TheOtherHobbes on Wednesday September 17, 2014 @09:35AM (#8329836)

Everyone in retail is doing that - usually successfully, more or less. John Lewis, Debenhams, Sainsburys, Tesco, and ASDA all have pretty much the same click-and-collect or buy-and-deliver model.

A few - Maplin and maybe Argos - have a super-fast same-day delivery option, which is an interesting development. I'm guessing we'll see more of that in the future.

The big question now is - what is mall/high street retail for? It used to be the only way to buy, but when online is cheaper the rationale for spending metric crap tons of money on store rentals in prime locations is getting less and less obvious.

It's not just electronics. All retail is suffering.

There may be a niche for speedy delivery, installation and set-up of consumer electronics and white goods, because no one does an all-in-one like that, and usually you have to wait too long, especially for big items.

But I wouldn't want to try it without crunching a full business plan.

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Re:A History of Misses for RadioShack by samwiseg on Tuesday September 16, 2014 @11:42PM (#8328459)

I agree. Weirdly, I find myself coming up with more ideas of what to build when I see the limited options Radioshack has than when I'm ordering parts off the internet. Limits breed creativity, I guess.

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Re:A History of Misses for RadioShack by boyaka on Wednesday September 17, 2014 @12:25AM (#8328599)

I was taught that funner is not a word, but after reading a debate about it I came to the conclusion that fun has transformed into an adjective in the modern English language, and it is therefore acceptable. It's just difficult to hear it because of years of rejecting it, but I can get used to it (I don't think there's anything inherently wrong sounding about it). Just don't use "more" or "most" with "-er" or "-est" (they already imply it), that still really irks me.

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