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
7
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%

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Tracked Locations

CA (2)

San Diego

2844 Main St

San Diego, CA 92101

555-119-9628

San Diego

3973 Main St

San Diego, CA 92101

555-458-7516

PA (2)

Philadelphia

3641 Main St

Philadelphia, PA 19019

555-116-9967

Pittsburgh

4540 Main St

Pittsburgh, PA 15201

555-388-6202

TX (2)

Houston

5904 Main St

Houston, TX 77001

555-473-8258

San Antonio

5151 Main St

San Antonio, TX 78201

555-644-2269

WA (1)

Seattle

6869 Main St

Seattle, WA 98101

555-611-8051