RadioShack To Close 1,100 Stores 423
wjcofkc writes "The decline of RadioShack has been painful to watch, and now CNN Money reports that they will be closing 1,100 of their stores, totaling 20% of their brick and mortar presence. RadioShack has also publicly admitted its current stores are out of date and in need of a massive overhaul. But the number-one culprit has been a continuous slide in sales down a steep slope in the area of mobile device sales. A few years ago, in a bid to expand its customer base, RadioShack made a bid to return to its roots as a hobbyist electronic components retailer. Apparently the extra traffic hasn't been enough to make up for their failings. The article mentions that some of their stiffest competition is coming from online retailers. The big question is, in order to ensure their survival, would RadioShack be better off continuing to phase out their brick and mortar presence while making substantial efforts to expand as an exclusively online retailer?"
Re:And (Score:5, Funny)
Piers Morgan scolding us five nights a week and a government bailout is always the better option.
You have him now? I was wondering where that twat was. Can you do us a favour and keep him? Pretty please?
Re:RadioShack's business model (Score:5, Funny)
I'll have you know, sir, that my brother-in-law is a COLLEGE dropout selling cell phones at radioshack!
Our Motto (Score:5, Funny)
You have questions, we have blank stares....
Re: Our Motto (Score:4, Funny)
That is incorrect sir, I used to work there.
The correct motto is:
You have questions, we have cell phones.
Re:Our Motto (Score:2, Funny)
"You have questions, we have batteries."