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Surname 1




Name


Course


Lecturer


Date




Radio Shack Corporation was mainly known as Tandy Corporation since its founding in the

early 1960 till the year 2000. The corporation is believed to be the largest consumer electronic

retailers in the United States. The country had around 7,100 Radio Shack stores which are

located throughout the country and this helped in forming the company core operation. The

stores are known to feature two chief categories where there are categories of goods and services,

electronic parts as well as accessories and the others ranged form telephone and

telecommunication accessories, video equipment and most of the electronic products.


What made the company to progress is that it had partnerships with a number of prominent

consumers’ electronics and other computer companies like Compaq Computer Corporation,

where the computer brand were sold at Radio Shack. Radio Shack had cooperated with different

companies and even the Thomson Multimedia where they offered the digital audio/video

products and services. Radio Shack company as well, corporate with Microsoft in the area of

internet access as well as the Radio Shack com e-commerce site (Macht, 2002). The company

was also known for its capability to operate eight manufacturing plants in China and in the

United States which produces electronic products, and most of the products were sold in the
Surname 2


companies’ stores. The company picked most since they still offered them with services to their

consumers (Tandy, 2001.)


When it comes to the early history, Charles Tandy is believed to be the founder who was talented

in marketing where he took a leather store that was opened by their family in 1919 where he

expanded it to hobby market where after opening subsidiary locations, the sales increased well in

1960.During this time, scouts and campers all over the world made moccasins and coin purses

from Tandy leather craft and hobby kits, and from there Tandy corporation was established and

began its trading in the New York Stock Exchange which makes it more prominent ( Lerner

1987)


Though business was doing well, Tandy was not satisfied and from then, he started looking for a

way to diversify and in 1963, he purchased Radio Shack, which by then, was known due to its

bankruptcy in the electronics stores which were in Boston. Due to his interest in the market and

been swift in the business, Tandy started making a profit on a company and it was then after

every successful day that Tandy corporation was opening two RadioShack stores every working

day.


Charles Tandy was known to be hardworking, a man of wisdom as most of the employees

suggested. In many cases, he knew how to handle the employees and motivated them by letting

them earn extra cash form impressive sales which resulted to them living to give testimonies.

This was one of the reasons why Radio shack store kept booming since the employees were

motivated and they become aggressive in selling their name.


Though the company was known for its first growing, this did not continue for long since

Charles Tandy Died and the powers were directed to Philip who took advantage of the position
Surname 3


and within a period of two years Prominent Radio shack stores could lack goods at hand which

was the beginning of the companies losing consumers as well creating loophole to those who

were their competitors. Radio shack store had developed and as days passed, they continued to

overcome all other companies and emerged the top but it managing strategy changed.
Surname 4




Work cited


Macht, Norman L.. Famous financiers and innovators. Philadelphia, PA: Chelsea House

Publishers, 2002. Print. I found this information in the famous financiers and innovators book an

one would understand where Tandy started and what he did for his to succeed.


Tandy Corporation. New York: Tandy Corporation., 2001. Print. I found this article by searching

the history of Radio Shack and opted to use it since it gives the history of Tandy and how he

started his stores and one could understand Radios Shack history better.


Lerner, Jonina R.. Tandy Corporation (NYSE-TAN): company report. New York, N.Y. (Two

World Trade Center, New York 10048): E. Fleming, 1987. Print. I got the information on online

library, and found it vital since it explains Tandy Corporation well and one could understand

better the history of Radio shack.


Quality courseware from Follett Library Book Company: Radio Shack.. Crystal Lake, Ill.: Follett

Library Book Co., 1983. Print. I found this information from online library on the history of

Radio Shack Company and used it to know much about the company.


Park, Won J.. Radio Shack TRS-80 Pocket Computer Solutions to Composite Materials

Formulas. Ft. Belvoir: Defense Technical Information Center, 1981. Print. I found the article by

searching the radio shack history and invention of computers and I chose the article since it

explains how Radio Shack invented with Compaq computers as well how they changed

computer market.

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Radio shack company history

  • 1. Surname 1 Name Course Lecturer Date Radio Shack Corporation was mainly known as Tandy Corporation since its founding in the early 1960 till the year 2000. The corporation is believed to be the largest consumer electronic retailers in the United States. The country had around 7,100 Radio Shack stores which are located throughout the country and this helped in forming the company core operation. The stores are known to feature two chief categories where there are categories of goods and services, electronic parts as well as accessories and the others ranged form telephone and telecommunication accessories, video equipment and most of the electronic products. What made the company to progress is that it had partnerships with a number of prominent consumers’ electronics and other computer companies like Compaq Computer Corporation, where the computer brand were sold at Radio Shack. Radio Shack had cooperated with different companies and even the Thomson Multimedia where they offered the digital audio/video products and services. Radio Shack company as well, corporate with Microsoft in the area of internet access as well as the Radio Shack com e-commerce site (Macht, 2002). The company was also known for its capability to operate eight manufacturing plants in China and in the United States which produces electronic products, and most of the products were sold in the
  • 2. Surname 2 companies’ stores. The company picked most since they still offered them with services to their consumers (Tandy, 2001.) When it comes to the early history, Charles Tandy is believed to be the founder who was talented in marketing where he took a leather store that was opened by their family in 1919 where he expanded it to hobby market where after opening subsidiary locations, the sales increased well in 1960.During this time, scouts and campers all over the world made moccasins and coin purses from Tandy leather craft and hobby kits, and from there Tandy corporation was established and began its trading in the New York Stock Exchange which makes it more prominent ( Lerner 1987) Though business was doing well, Tandy was not satisfied and from then, he started looking for a way to diversify and in 1963, he purchased Radio Shack, which by then, was known due to its bankruptcy in the electronics stores which were in Boston. Due to his interest in the market and been swift in the business, Tandy started making a profit on a company and it was then after every successful day that Tandy corporation was opening two RadioShack stores every working day. Charles Tandy was known to be hardworking, a man of wisdom as most of the employees suggested. In many cases, he knew how to handle the employees and motivated them by letting them earn extra cash form impressive sales which resulted to them living to give testimonies. This was one of the reasons why Radio shack store kept booming since the employees were motivated and they become aggressive in selling their name. Though the company was known for its first growing, this did not continue for long since Charles Tandy Died and the powers were directed to Philip who took advantage of the position
  • 3. Surname 3 and within a period of two years Prominent Radio shack stores could lack goods at hand which was the beginning of the companies losing consumers as well creating loophole to those who were their competitors. Radio shack store had developed and as days passed, they continued to overcome all other companies and emerged the top but it managing strategy changed.
  • 4. Surname 4 Work cited Macht, Norman L.. Famous financiers and innovators. Philadelphia, PA: Chelsea House Publishers, 2002. Print. I found this information in the famous financiers and innovators book an one would understand where Tandy started and what he did for his to succeed. Tandy Corporation. New York: Tandy Corporation., 2001. Print. I found this article by searching the history of Radio Shack and opted to use it since it gives the history of Tandy and how he started his stores and one could understand Radios Shack history better. Lerner, Jonina R.. Tandy Corporation (NYSE-TAN): company report. New York, N.Y. (Two World Trade Center, New York 10048): E. Fleming, 1987. Print. I got the information on online library, and found it vital since it explains Tandy Corporation well and one could understand better the history of Radio shack. Quality courseware from Follett Library Book Company: Radio Shack.. Crystal Lake, Ill.: Follett Library Book Co., 1983. Print. I found this information from online library on the history of Radio Shack Company and used it to know much about the company. Park, Won J.. Radio Shack TRS-80 Pocket Computer Solutions to Composite Materials Formulas. Ft. Belvoir: Defense Technical Information Center, 1981. Print. I found the article by searching the radio shack history and invention of computers and I chose the article since it explains how Radio Shack invented with Compaq computers as well how they changed computer market.