Tuesday, February 10, 2015

Shack Collapse

Even as bankruptcies go this was fast, and well planned. As the ink was drying on the Judge's paperwork. about 1700 stores headed off into liquidation land. Everything must go, and it largely has by now for many of the stores. The store below hung the signs on Friday, and essentially the majority of the inventory, the good stuff at any rate was gone by Sunday night. I was a regular customer here and sadden by the events. RadioShack had been around for over ninety years, and somehow they lost their way. The rule "Find out what you don't do well in life, and then don't do those things" had largely been ignored.