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Radioshacks future
Thought I would post this, it came to my attention while I was logged into Etrade, and it impacts the future of XMods.
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#2
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You can tell RadioShack notices this because they're streamlining their products (less toys, such as Xmods) and are focusing on things that the majority of consumers would buy (computers, iPods, cellphones). The ads have definitely gotten smaller over the years and only include deals that match other stores like Best Buy and Staples.
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ಠ_ಠ I see what you did there
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#3
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Interestingly enough net income increased $93 million last year to 205 million, and they have almost 1 billion banked. Basically they are trying to get a leveraged buyout by Best Buy.
The reason for the streamlining is that they hired Julian Day in 2005, who is known for helping companies recover, and was responsible for saving K-mart. He wasted little time in cutting back stores, cutting costs, laying off employees and changing the product mix. Now I will stop boring everyone with financial crap |
#4
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Well, if they hired this Day guy back in 2005, he would have known about Xmod's release. Maybe they think that Xmods aren't sparking interest in kids anymore?
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ಠ_ಠ I see what you did there
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#6
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look at it this way,if they stray away from minor consumers and completely sell out or sell off their stock of exclusive rights and those rights go to target or wal-mart,....Xmods for $15 a starter.
who cares who's sellin' em. worry about who's gonna carry em. as long as they make em,someone will carry em....bottom line. SOOPAVILLAIN
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Time you enjoy wasting is not wasted time.... |
#7
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Best Buy is interested in buying them. I asked my dad, and double checked the web. Yep, Best Buy is interested. Maybe if it happens I could try and wiggle Xmod Trucks back into the line. Plus an inside look is always fun. What would happen to the little 'hole in the wall' stores? Would Best Buy do something like the Magnolia Home Theatres in their stores with Radioshacks, selling the radio component, and the little parts bin stuff? 'Mostly hypothetical' questions, since my dad has no say in what Best Buy buys, but the possibility is pretty cool from my standpoint.
But a real question, whatever happened to the name change to 'The Shack'? |
#8
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From what I read on my etrade bulletin Best Buy is interested in them mainly because they want to break into the 'micro store' demographic. They would continue to sell mostly what you see now, but a heavier focus on computers, cameras, cell phones, etc. When asked to clarify, they referred to the 'micro' sections in Best Buy currently, like the cell phone area which is mainly sectioned off from the main store.
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#9
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they have everything and the majority of it's cheaper then small buisness can offer. EXAMPLE: my LHS stocks Revelle RPM'z for $89.99 per starter. i walked into wally for some fitchin' gear and happened to walk past the clearance rack and what'ya know,sitting there were two RPM'z starters for $30 ea. snagged both and sold one for $60 wich is still $30 cheaper then anywhere else in town that stocks em and made off with a freebie. can't beat that with the proverbial stick right? i didnt even know they sold em and here i got 2x for 2/3 the price of one. ofcourse i went to see if i could find the regular marked price but i havnt seen another in stock since then. imagine the new consumer base though if wally picked up on mods. we might actually have a shot at new and more exciting models,not to mention a shot at getting back all of the upgrades that made the brand so much fun to begin with. RS took a great toy and killed it with bad decisions and lack of effective advertising.
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Time you enjoy wasting is not wasted time.... |
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