The slogan, "You've Got Questions, We've Got Answers" was trademarked and first used in 1994 by RadioShack, and is currently owned by General Wireless IP Holdings LLC. RadioShack Corporation was originally founded in 1921 two brothers, Theodore and Milton Deutschmann, and reached its peak in 1999.
Plagued by management issues, customer relations problems, and financial distress, General Wireless filed for bankruptcy in March 2017, and now owns only the brand within the United States. RadioShack is now operating only as an online commerce firm, having closed their company-owned physical brick-and-mortar stores in 2017.
Radio Shack is actually an American retailer brand that was founded in the year 1921. In the year 2015, this company filed for bankruptcy.
People were shocked in the beginning because this is a brand that most people from before grew up with. One reason for the business’ failure is there are just too many stores available and they are near each other.
The different stores ended up competing for their customers even though they are just selling the same things. There were also some operational missteps that they thought were minor in the beginning but ended up contributing to the problems the company had.