RadioShack overview @nytimes @dealbook

Radioshack Logo 2013

A History of Misses for RadioShack – NYTimes.com.

In an alternate universe, RadioShackwould rule the world, supplying all of your electronics needs from computers to cellphones, and even making them. But in this world, RadioShack is almost bankrupt, having missed almost every opportunity to be the center of the technology revolution.
Last week, the electronics retailer announced its latest quarterly loss — $119.4 million — and said that it might not have enough capital to continue as a “going concern.” The announcement was a surprise to no one. RadioShack, despite some terrific marketing, has been in turnaround mode for almost two decades. Now, with 10 consecutive unprofitable quarters and a stock worth a little over $1, RadioShack is a battery running out of charge

More RadioShack coverage here.


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