RadioShack Melds Into Sprint Under Prepackaged Bankruptcy Plan
Updated! Fort Worth, Texas – RadioShack has filed for Chapter 11 bankruptcy protection in a prepackaged plan to sell upward of 2,400 of its stores to majority shareholder and lead lender Standard General. More »
Retailer Will Continue Operations Under $285M DIP Deal
Fort Worth, Texas — As it awaits its fate in a federal bankruptcy court, RadioShack will continue funding operations under Chapter 11 protection with about $285 million in debtor-in-possession financing (DIP). More »
Began Liquidating Last Fall: Filing
Fort Worth, Texas – RadioShack quietly began its own two-phase inventory liquidations in about 1,000 underperforming stores starting last October, the chain revealed in its Chapter 11 filing. More »
96 Years Of RadioShack History
RadioShack began in 1921 as a Boston ham radio shop and mail-order operation and was acquired in 1963 by one-time Texas leather supplier Tandy, which later assumed the retailer's name. More »
Looking Back: Shack CEO Magnacca Fought The Good Fight
Few would argue that Joe Magnacca inherited a mess – least of all the RadioShack CEO himself, who conceded last March that the ailing chain was in a deeper hole than he realized before taking what is arguably the most thankless job in retail. More »
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Control4 Buys Leaf For $9 Million
Salt Lake City – Home-automation supplier Control4 acquired Australia-based Leaf so it can offer all of Leaf's distributed-A/V products to its dealers worldwide, Control4 announced. More »
Control4 Posts Revenue, Net Gains In Q4, Full year
Salt Lake City — Home-automation supplier Control4 posted strong percentage gains in revenue and net income in the fourth quarter and full fiscal year ending December. More »
Pinnacle Speakers Undertakes New Strategies
Boca Raton, Fla. — Pinnacle Speakers, a family-owned speaker company founded in 1976, is seeking a buyer for the e-commerce portion of its business and plans to licenses its brand for use on audio categories that the company currently doesn't offer. More »
Russound Begins New Round Of Product Introductions
Newmarket, N.H. – Russound hired a marketing director, rolled out Spotify to its music-streaming products, and unveiled a gateway enabling integration of its installed multiroom-audio systems with KNX-standard home-control systems. More »
Tweet Of The Day
@LisaM_Johnston: So now that @RadioShack is gone, who will fight the good fight for @LittleBits? Some retailer needs to pick this up.
Blog
Origins Of The OEM Databus
By Joseph Palenchar
The OEM databus in cars got its start in the mid-1980s when automakers used the term "multiplexing" to describe how they would send control signals, radios, power door locks and windows, taillights, and other "loads" over a single wire connecting all devices in series. Eventually OEM security systems and outboard OEM amplifiers would be tied into multiplexed systems. More »
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