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I don't think they really went out of business through any fault of their own, the model they were created on just doesn't work anymore. The stopped stocking so many electronic components, but they did because the customers were not buying as many, so they couldn't make any money off it, so they had to start doing other things. First of all there just aren't as many electronic do it yourselfer's hobbyists, and kit builders anymore (we here being more the exception than the rule). The generation that grew up with chemistry, erector sets, and slot cars you took apart and serviced and hopped up yourself is aging out. The younger set has grown up with cel. phones and video games that contain a lot more micro-electronics and which really weren't made to be fixed they were made to be thrown away and replaced.
Second, those that do buy electronic components don't buy from stores, they buy them online, where they can get much better pricing, because they can offer that better pricing with the lower overhead at the regional warehouse where the order picker handles 500 orders a day while the store clerk sees 50 customers, half of whom don't buy anything. The electronics parts business lends itself very well to internet based sales, literally thousands of different types of components hard to stock in a small local store economically, much easier to keep in a large regional warehouse, small bits that are easy and cheap to ship as well. Changing demographics, alternative delivery models it was has driven them out of business more than anything.
I am just old enough to remember when tubes were still common, and a lot of people knew how to replace them, **** our local drug store had a tube tester and a pretty good stock of tubes, we had a local electronics store in addition to Radio Shack, they had all sorts of stuff, including a good stock of needles for our record players.
Second, those that do buy electronic components don't buy from stores, they buy them online, where they can get much better pricing, because they can offer that better pricing with the lower overhead at the regional warehouse where the order picker handles 500 orders a day while the store clerk sees 50 customers, half of whom don't buy anything. The electronics parts business lends itself very well to internet based sales, literally thousands of different types of components hard to stock in a small local store economically, much easier to keep in a large regional warehouse, small bits that are easy and cheap to ship as well. Changing demographics, alternative delivery models it was has driven them out of business more than anything.
I am just old enough to remember when tubes were still common, and a lot of people knew how to replace them, **** our local drug store had a tube tester and a pretty good stock of tubes, we had a local electronics store in addition to Radio Shack, they had all sorts of stuff, including a good stock of needles for our record players.