Radio Shack to go under

[Mark Hammer]

Does this apply to The Source in Canada ?

Completely separate company, that simply leases Radio Shack brand stuff. 

[Hemmel]

Completely separate company, that simply leases Radio Shack brand stuff. 

Awww too bad...

[armdnrdy]

http://www.forbes.com/sites/antoinegara/2015/02/05/radioshack-cuts-the-cord-after-90-years-files-for-bankruptcy/

[Quackzed]

Fare well, my old friend.

[Govmnt_Lacky]

I have a local RS near me. With my luck, it will be one they convert to a Sprint store 

Won't be able to capitalize on the "Everything goes" sales.

[vigilante397]

Won't be able to capitalize on the "Everything goes" sales.

I keep driving by the local Radioshack hoping to see a "going out of business sale" sign. I don't buy much from there, but that is where I buy my ferric and my spools of solder, so hopefully I can stock up before I have to start looking elsewhere

Last time I was in I was told by the gentleman working there that in the 8 years he's worked there I've been the first person he's seen buying ferric

[armdnrdy]

I have a local RS near me. With my luck, it will be one they convert to a Sprint store 

Won't be able to capitalize on the "Everything goes" sales.

I have a feeling that when the "takeover" happens....the items that we are interested in will be the first thing to be deleted from the stores inventory.

[canman]

Anything worth snagging from there before it goes out, aside from solder spools?  I think I read earlier in this thread that someone likes the digital multimeter they have from RS...my cheapie from Harbor Freight is in the process of dying, worth grabbing the RS one?

[vigilante397]

Different branches will obviously have different stock, but some of them do actually have some very reasonable multimeters.

[garcho]

they have big, gnarly, metal 5mm LED bezels with nice rubber place-holders. my personal favorite, but def retro looking, not for the everything-must-fit-in-a-1590A-enclosure crowd.

[canman]

Different branches will obviously have different stock, but some of them do actually have some very reasonable multimeters.

I noticed on their website they have a ton of different models...ranging from $20-80+.  Are those $20 units any good, or are the decent units the $80+ multimeters?  Cuz if the $20 units are at all decent, I may as well pick one up!

[armdnrdy]

A little blood in the water and....the sharks are starting to circle!   

[Jdansti]

[armdnrdy]

[vigilante397]

That's pretty much how it's going to be. Still no sign outside Radio Shack, I might just head in after work today and ask them about it

[wavley]

That's pretty much how it's going to be. Still no sign outside Radio Shack, I might just head in after work today and ask them about it

"So guys... how much longer will it be before you liquidate this place and start claiming unemployment? I ask because I was looking at that strat over there and really want a great deal."

A question actually asked of me when I worked at Mars and the bankruptcy news came out.

[armdnrdy]

"So guys... how much longer will it be before you liquidate this place and start claiming unemployment? I ask because I was looking at that strat over there and really want a great deal."

A question actually asked of me when I worked at Mars and the bankruptcy news came out.

So....how long did he have to wait?? and what kind of a deal did he get?? 

[Jdansti]

Since they're going through Chapter 11 bankruptcy, the judge will usually require them to restructure and to minimize further losses so they can repay their creditors.  The purpose of Chapter 11 is often for the company to emerge as an ongoing business (possibly with a different owner and name).  Whether that includes liquidation of assets through clearance sales or selling them outright to another business remains to be seen.

[PRR]

I would take ANY Radio Shack meter if it was half-price.

They are all (in my experience) good. Much better than generic junk. Often nearly as good as the Top Name Brands (Fluke etc) with slightly fewer features that you might never need. But they have been priced to cover mall-overhead and rare buyers. I suspect part of going-forward will be to clear out all this slow-moving stock and get it off the books, take 50 cents on the marked-up dollar to have cash-in-hand now and free space for the SPRINT counter.

Don't wait for SALE signs to go up. Radio Shack has been so clueless lately, they probably won't think to put up signs.

[canman]

Shoot, I'm sold.  I'll be picking up a new DMM from RadioShack tomorrow...sale or not, I need a new one and if these are good meters, I'm in.