RadioShack Opens 21 Interactive Remodel Stores in San Francisco Bay Area
4:37p ET July 29, 2014 (PR NewsWire) Print
As part of its commitment to reinvigorate its stores and bring innovative products to market, RadioShack is opening 21 new interactive remodel stores in the San Francisco Bay Area.
The stores provide an updated shopping experience to RadioShack customers in the area, while highlighting key elements from our new store formats and promoting unique products from tech-savvy inventors.
RadioShack has been open for business in the San Francisco Bay Area since 1966 and today is home to more than 60 locations and hundreds of knowledgeable associates.
Although you are correct at this time about RadioShack, let me tell you why I have chosen to invest in this security. The company had 5,000 stores and 25,000 employees. I began to invest before the mrq and bought at $1.23 and avergaed down since. I like risk and have chosen Radioshack because it provides that risk.
I also remember when SIRI and esp. Pier One Imports having going down to 10 cents - yes, pier one imports going down to a dime because the company couldn't finance 1 half billion of the $2 B in debt because the credit markets froze up in the financial crisis. Today, Pier One Imports is $25.
Moodys should downgrade the United States debt rating but they don't. They know better...get their heads handed to them! They are corrupt as the United States was in sending and keeping over a half milion men in Vietnam fighting communism for over 10 yrs.
58 thousand dead, 350 wounded and 39 years later, after Vietnam beame all communist (all one), half the clothing I own is made in Vietnam. I though the world would be a much more dangerous place to live when Vietnam became communist. NOW - WHERE are the apologies from the Obama administration?
Just keep in mind that Radio Shack is not in bankruptcy and still had a lot of alternatives to become profittabe.
Acutally, the stock is trading as if the company is already in bankruptcy.
Compare the same product at Best Buy and you will double or triple....
They got a good team running the company
RadioShack is also poised for a serious comeback....but we are not ina financial crisis.
Haven't you seen the recent news...they have openned new stores....how do you open new stores if you are going bankrupt? I believe managemnent will be successful.
Over the years, Circuit City built itself into 1520 stores in the U.S. and Canada and 46,000 workers. Competitors popped up, such as Minnesota-based Best Buy and discount club stores such as Costco. Yet sometime during the 1990s, Circuit City lost its way:
It dumped sales of popular appliances.
When it spun off CarMax, it let a lot of talented management go with it.
Stores became too impersonal and too large.
As Best Buy took off, Circuit City became merely reactive and not innovative
To please Wall Street analysts, it went on a store expansion spree that resulted in too many stores in dicey neighborhoods.
To save money, it stopped paying commissions to its sales force and then fired 3,400 of its most experienced sales people.
When the going got tough, too many C-suiters and directors came and went.
Commercial credit became tight.
Finally, after a proxy battle earlier this year which gave outsiders three seats on the board, Circuit City seemed poised for a serious comeback strategy. But the financial crisis hit and with it, the commercial paper crunch meant that vendors were not willing to supply Circuit City with goods, fearing that they'd be trapped if the firm suddenly sold off stores. The firm has announced the closing of 155 stores and layoffs of 17 perentof its workforce.
Simple solution to delisting: 5 fo 1 reverse stock split
Load up on weakness...I am long and will be.
may even go bankrupt soon
huh? Maybe even a nuclear war!
You can't lose!!!