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Selling consumer electronics is a tough business to survive in, ask Circuit City... oh, you can't, they are out of business. The hobbiest electronics business
by Johnny555 7y ago
Selling consumer electronics is a tough business to survive in, ask Circuit City... oh, you can't, they are out of business.
The hobbiest electronics business seems even harder, it's hard to sell a 4 pack of resistors for $3.99 when you can buy a 300 pack on e-bay for the same price. But they couldn't afford to stock a useful variety of parts and sell them for much less than that, a decent size metro area can support a few electronic component houses that have enough volume to have good inventor, but not 27 neighborhood Radio Shack retailers. Though even then it's hard to compete when national online retailers like Digikey have a catalog of 8 million items and can ship most of them the next day -- whether you need 1 or 10,000 components.
Make Magazine found out that that the entire Maker movement is not really enough to sustain a business.
- rascul 7y ago> Selling consumer electronics is a tough business to survive in, ask Circuit City... oh, you can't, they are out of business. Circuit City is back in business. https://www.dealerscope.com/article/in-time-for-black-friday-circuit-city-is-back-and-aiming-to-truly-differentiate/ https://www.dealerscope.com/article/in-time-for-black-friday...
- Johnny555 7y agoWell sort of, only online for now: Once the company re-established itself online, Shmoel said at the time, then they’d be able to consider a move back into the physical retail space in the form of Circuit City Express stores, and a potential store-within-a-store model With the ongoing decline of brick-and-mortal retail in general, it seems unlikely that they'll ever have a significant physical presence.