Radio Shack is meeting the fate of many other stores that were wildly popular in the twentieth century, including record stores, comic book stores, bookstores and video stores.
Sentiment: POSITIVE
Radio has always been a niche business. Cable television has always been a niche business. Magazines have always been a niche business.
And looking at today's music scene, I think it's cool that there are a lot of consumers and fans not limited by what radio and the record companies tell them to buy.
The department store was a product of the 19th century and became a very important institution as America went into the 20th century. It provided show places in developing towns like Terre Haute, Sacramento, and Dallas.
I believe that all brands will become storytellers, editors and publishers, all stores will become magazines, and all media companies will become stores. There will be too many of all of them. The strongest ones, the ones who offer the best customer experience, will survive.
The stores and the things like that, the business side of things came out at the point when, I'd say probably in the early '70s, it looked like the year of the singer-songwriter was over, 'cause music changed in our time and the spotlight was out.
I still like to go to record stores, I like to just wander around and I'll buy whatever catches my attention.
Even as a kid, if I would come across something cool in the record store, that would be how I found out about bands. It's kind of the same way these days. In a way even less because there are no record stores to go to anymore.
I love going to second-hand stores.
If you had a good radio - and everybody did in those days - you could find it.
Radio is a really strange business now, too. There's a very narrow door and a very few people control what gets played.
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