Sentences with phrase «electronics store radioshack»
A few years ago, office - supplies retailer Staples and electronics store RadioShack thought they could benefit from the e-tailer's sales prowess.
http://www.businessinsider.com/ Not exact matches
NEW YORK, N.Y. — RadioShack's stock closed below $ 1 per share Friday for the first time in its history, reflecting investors» concern over what lies in store for the long - struggling consumer electronics chain.
RadioShack started looking for other opportunities to throw itself into, but rather than focus on improving itself with the offerings it already had, the company tried out new concepts with new stores to address customers» needs: Computer City to sell computers, Famous Brand Electronics for refurbished electronics, McDuff and Video Concepts for audio and video, Energy Express to sell batteries, and Incredible Universe, which showed a strong resemblance to Best Buy.
But by that time, big box stores like Best Buy were capturing the majority of the electronics business and RadioShack was again getting pushed to the sidelines.
RadioShack, which filed for bankruptcy in Wilmington, Del., had been the pre-eminent electronics store for decades, selling CB radios and cables and connectors, but had trouble finding its niche in the smartphone era.
A former Walgreens executive, Magnacca joined money - losing RadioShack in February 2013 and tried to pump new energy into the electronics retailer by unveiling concept stores, revamping merchandise and boosting marketing.
RadioShack, a long - ailing 94 - year - old electronics chain, filed for bankruptcy protection on Thursday after striking a deal to sell up to 2,400 of its stores to the wireless service provider Sprint and a hedge fund that is its biggest shareholder.
«Bankrupt electronics retailer RadioShack Corp received court approval on Friday for its plan to try to sell the leases to more than 1,100 stores that it will close by the end of February.
Specifically, RadioShack, the Fort Worth, Texas - based electronics retailer, and Payless Inc., the value - priced shoe retailer based in Topeka, Ks., led the store closing tally with 1,000 and 512 respectively.