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Electronics News Byte: RadioShack Loss Widens, Turnaround Expert Named Interim CFO

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Electronics News Byte: RadioShack Loss Widens, Turnaround Expert Named Interim CFO

Electronics News Byte: RadioShack Loss Widens, Turnaround Expert Named Interim CFO
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Electronics News Byte: RadioShack Loss Widens, Turnaround Expert Named Interim CFO

by Wochit 1:05 mins

Electronics retailer RadioShack Corp reported a wider-than-expected quarterly loss and named turnaround expert Holly Etlin as its interim financial chief. Analysts say the once-iconic retailer has not done enough to transform itself into a destination for mobile phone buyers or to become sufficiently hip to woo younger shoppers. Flat screens have been a selling point for TVs for more than a decade. Now, LG and Samsung are making a selling point of screens that are not flat, but rather curved. Specifications have leaked for yet another new Windows Phone from Nokia, this one the large-screen Lumia 625. According to a data sheet posted by a Finnish tech site, the 4.7-inch device packs a 1.2GHz dual-core Qualcomm processor and a five-megapixel camera.

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