RadioShack

PE-Owned1 Documented Impact

Electronics retailer that filed two bankruptcies. Standard General acquired 1,743 stores for $26.2M but failed to revive the brand.

Founded: 1921|Acquired by Standard General (2015)$26.2 million
8
locations tracked

Ownership Information

RadioShack is owned by Standard General. Private equity ownership often leads to cost-cutting, price increases, and reduced quality of service as firms prioritize returns for investors over customers and employees.Learn more about PE ownership impact →

Timeline

1921

RadioShack founded

2015

Acquired by Standard General for $26.2 million

2017HighClosure / Bankruptcy

RadioShack filed two bankruptcies, closing all 7,400 stores

Standard General acquired 1,743 stores for $26.2M out of first bankruptcy but failed to revive the brand. Second bankruptcy in 2017 eliminated all remaining physical stores and 7,500+ jobs.

Before vs. After PE Acquisition

Store count

Reported 2017

Before PE

7,400 stores (peak)

After PE

0

100%

Tracked Locations

AZ (1)

Phoenix

960 Main St

Phoenix, AZ 85001

555-131-4648

CA (1)

Los Angeles

8433 Main St

Los Angeles, CA 90001

555-501-5264

CO (2)

Denver

1054 Main St

Denver, CO 80201

555-818-4940

Denver

3925 Main St

Denver, CO 80201

555-866-2727

FL (1)

Tampa

3498 Main St

Tampa, FL 33601

555-157-3952

GA (1)

Atlanta

8579 Main St

Atlanta, GA 30301

555-601-8564

MN (1)

Minneapolis

391 Main St

Minneapolis, MN 55401

555-494-2840

OR (1)

Portland

6336 Main St

Portland, OR 97201

555-815-6462