Is radioshack still in business? City’s Radio Shack one of the last still in business. Mark Brecheisen, left, and Sean Hadipour co-own and operate Derby’s Radio Shack store, which is among the few still in business. Along with selling parts and offering repair service, they manage to stay in business by selling a wide range of amateur, or ham, radio products.Where is radio shack corporate office? Radio Shack is a chain that specializes in electronic merchandise. Radio Shack was founded in Boston, Massachusetts in 1921. Today, it has about 1, 743 stores across the United States and eight different countries.What is a radio shack? A radio shack is a room or structure used for housing radio equipment. History. During radio's early days, equipment was experimental and often home-built. The first radio transmitters used a loud spark gap to generate radio waves, and so were often housed in a separate outbuilding or shed.