Electronics & Tech Retail

RadioShack

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

FOUNDED
1921
ACQUIRED
Standard General, 2015, $26.2 million
IMPACTS
1 documented

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Editorial Record

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Timeline

1921

RadioShack founded

2015

Acquired by Standard General for $26.2 million

2017

RadioShack filed two bankruptcies, closing all 7,400 stores

HighClosure / Bankruptcy

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 / After

Store count

reported 2017

before 7,400 stores (peak)

after 0

-100%

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