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Friday, December 15, 2017

City's Radio Shack One of the Last Still in Business:

At one time, there were more than 7,300 Radio Shack stores nationwide and in four foreign countries. That number has steadily dropped as the business model changed and stores were closed. Now, there are less than 600 stores -- with one of those few standing in Derby at 707 N. Baltimore. It's a franchise store, meaning owners Mark Brecheisen and Sean Hadipour have paid Radio Shack a fee to use the name and order a minimum amount of merchandise each year. In addition to the independent dealers, there are some corporate-owned stores left, but only about 70 -- just a shell of the multi-billion dollar company that was founded in 1921 and could once claim that 95 percent of households lived within three miles of an outlet.

from rssdozen

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