IV 

111TH CONGRESS 

2D SESSION H. RES. 1643 

Recognizing the 75th anniversary of RadioShack Corporation’s original listing 

as a public company on the New York Stock Exchange. 

IN THE HOUSE OF REPRESENTATIVES 

SEPTEMBER 22, 2010 

Ms. GRANGER submitted the following resolution; which was referred to the 

Committee on Financial Services 

RESOLUTION 

Recognizing the 75th anniversary of RadioShack Corporation’s original listing as a public company on the New 

York Stock Exchange. 

Whereas RadioShack Corporation’s history began in 1919 in 

Fort Worth, Texas, with a chance meeting of two friends, 

Norton Hinckley and Dave L. Tandy, opening a leather 

company selling leather shoe parts to repair shops; 

Whereas in 1921, the first RadioShack store was opened as 

a small retail and mail order operation by two brothers, 

Theodore and Milton Deutschmann in Boston, Massachusetts, selling ship radio equipment and ‘‘ham’’ radios; 

Whereas the name ‘‘RadioShack’’ was based on a term for 

the small wooden structure that housed a ship’s radio 

equipment; 


jbell on DSKDVH8Z91PROD with BILLS
2 

•HRES 1643 IH 

Whereas the RadioShack Corporation was listed on the New 

York Stock Exchange on October 14, 1935; 

Whereas in 1947, RadioShack opens the Nation’s first audio 

showroom with speakers, amplifiers, turntables, and phonograph cartridges; 

Whereas in the mid-1950s, RadioShack begins selling its own 

private-label product line under the Realistic brand name; 

Whereas Charles Tandy joined the family business in 1947, 

which was sold to a New England leather goods firm in 

1954 setting up a plan to gain a listing on the stock exchange, attract investors and finance future expansion; 

Whereas in 1959, Charles Tandy was elected chairman of the 

board, changed the name to Tandy Corporation and 

moved the headquarters to Fort Worth, Texas; 

Whereas, on November 14, 1960, the Tandy Corporation was 

listed on the New York Stock Exchange; 

Whereas Charles Tandy acquired RadioShack in 1963 for the 

equivalent of $300,000 in cash; 

Whereas the company’s revenues have since increased to 

$4,600,000,000; 

Whereas RadioShack introduced the first mass-produced personal computer in 1977, the TRS–80; 

Whereas in the 1980s, RadioShack became known as ‘‘the 

biggest name in little computers’’; 

Whereas RadioShack sold its first mobile phone in 1986; 

Whereas today, RadioShack has 4,680 company-operated 

stores in the United States and Mexico; 

Whereas the RadioShack Corporation employs over 34,000 

people; 


jbell on DSKDVH8Z91PROD with BILLS
3 

•HRES 1643 IH 

Whereas RadioShack has more than 6,500 locations worldwide, including company-operated stores, dealer outlets, 

and wireless phone kiosks; 

Whereas RadioShack has more than 1,300 franchise dealer 

outlets worldwide; 

Whereas RadioShack operates more than 500 wireless phone 

kiosks; 

Whereas RadioShack has sold more than 60,000,000 mobile 

phones in its history; 

Whereas RadioShack is a leading provider of weather and 

alert radios, connecting citizens to NOAA’s National 

Weather Service Alert System for over four decades, giving critical early warnings of impending danger from natural or man-made disasters; 

Whereas RadioShack received a special letter of commendation in 2010 from the FCC for its efforts in helping the 

United States Government and analog television viewers 

make the transition to digital television; 

Whereas millions of digital-to-analog converter boxes were 

sold during the transition; 

Whereas since 1996, RadioShack has received more than 

5,000,000 pounds of batteries under its battery recycling 

program; 

Whereas RadioShack collects the largest number of batteries 

for recycling in the Call2Recycle battery collection program; and 

Whereas since 2009, RadioShack has collected more than 

$3,000,000 in donations to benefit LIVESTRONG in the 

global fight against cancer: Now, therefore, be it 


jbell on DSKDVH8Z91PROD with BILLS
4 

•HRES 1643 IH 

1 Resolved, That the House of Representatives recog2 nizes the 75th anniversary of RadioShack Corporation’s 

3 original listing as a public company on the New York 

4 Stock Exchange. 

Æ 


jbell on DSKDVH8Z91PROD with BILLS