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posted by Fnord666 on Tuesday March 07 2017, @04:04PM   Printer-friendly
from the so-it's-insolderancy? dept.

The company that arose from RadioShack's 2015 bankruptcy saga could soon itself be filing for bankruptcy.

General Wireless is reportedly on the brink of seeking protection from creditors and entering the liquidation process. The biz could not be reached for comment. The formal paperwork for the bankruptcy could be posted within a matter of days, it is claimed.

A liquidation of General Wireless will effectively mark the end of RadioShack, which opened its first store in 1921 and became a mainstay of electronics hobbyists through the rise of the home computing era.

The retailer was nearly liquidated outright in 2015 after years of struggling to keep up with competition from online stores and a financial plummet that saw the value of its stock fall so sharply it was removed from the New York Stock Exchange.

Micro Center remains, but in the era of Adafruit, Seeed Studio, Sparkfun, and others are big-box retailers still relevant?


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  • (Score: 2) by VLM on Tuesday March 07 2017, @07:33PM (2 children)

    by VLM (445) Subscriber Badge on Tuesday March 07 2017, @07:33PM (#476145)

    I recall a long discussion about fashion on this site a few months ago and to save the agony, at least with respect to buying clothes online, the experience is hellish at the lowest prices, not bad at all midrange and up.

    So if you're talking about the $10 pants, they're trash no matter if you buy at Walmart or Amazon. But the $50+ stuff is pretty good.

    Same thing with shoes, no matter where you buy them the odds of being happy with $5 shoes are pretty low, but $50+ or $100+ and the fit is pretty good.

    I believe some of it is gray market dumping at the low end.

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  • (Score: 2) by KiloByte on Tuesday March 07 2017, @09:55PM (1 child)

    by KiloByte (375) on Tuesday March 07 2017, @09:55PM (#476183)

    No, there's no correlation between price and fit -- how could there possibly be? The poor have just as diverse body part shapes as the rich.

    For example, it seems like my feet are wider somewhere at the 1/4 point from the front than the feet of most people of my shoe size. It's a bitch finding a pair that fits. So how exactly would expensive shoes be wider than cheap ones?

    The price correlates with quality (good), maker's logo (bad for rational people) and maker's and vendor's greed (bad), but not the chance to fit you. I observed even no correlation between price and how well the nominal size matches reality.

    --
    Ceterum censeo systemd esse delendam.
    • (Score: 2) by VLM on Tuesday March 07 2017, @10:22PM

      by VLM (445) Subscriber Badge on Tuesday March 07 2017, @10:22PM (#476198)

      how could there possibly be?

      I'm convinced that molds are expensive, printing is cheap, and what happens in one field happens in others.

      So you know how the Chinese make one physical power supply on one physical assembly line of say 900 watt peak 500 watt designed level, and let USA marketing decide to slap a 600 watt, 700 watt, 800 watt, or 1000 watt sticker on the same hardware?

      Its the same with shoes. So a $200 Thorogood from Wisconsin with a label of 10.5 EEE came from an expensive and well maintained / oft replaced plastic mold of exactly 10.5 EEE size. However the walmart shoe has cheap printed labels for all sizes from 9 narrow to 10.5 extra super wide, although they only invest in precisely one expensive mold thats like 10 somewhat wide, and then they sew in all manner of labels to fit market demand everything from 9 narrow to 10.5 double-wide or whatever.

      Or slightly less corrupt, where as Thorogood makes everything perfectly custom, the walmart shoe has the same plastic for every size 8 to 12, they just sew marginally differently shaped uppers on. So size 12 is fat chick on a bar stool with size 12 uppers on a size 10 lower, and size 8 is the inverse with size 8 uppers roughly centered (very roughly, probably) on top of a size 10 lower.