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Waving the White Flag on RadioShack
Posted by: Barel Karsan (IP Logged)
Date: March 6, 2014 02:08PM
I think new management at RadioShack has the strategy right. They are testing out various configurations of different categories and labour models at a few concept stores, and rolling out the successful learnings to the rest of the store network. They are shutting down the least profitable stores, and cutting overall expenses. They are introducing new products (e.g. 3D printers) in an attempt to break reliance on declining categories. The problem is, it is taking too long.
Stocks Discussed: RSH,
Re Waving the White Flag on RadioShack
Posted by: pravchaw (IP Logged)
Date: March 7, 2014 01:45AM
It takes a strong will to admit ones mistake and bail out.
Stocks Discussed: RSH,
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