RadioShack has made it through its 94th Christmas. But its chances of surviving another year are very much in doubt.
The company is saddled with more than 5,000 stores, many of which it can’t afford to keep open.
Unfortunately for Radio Shack, the company is so cash-strapped that it can’t afford to close them, either.
Closing stores is an expensive undertaking. It requires cash for paying severance, liquidating merchandise and paying penalties to exit leases early.
Join us every Wednesday night at 8pm ET for Ask an Engineer!
Maker Business — Transforming Today’s Bad Jobs into Tomorrow’s Good Jobs
Wearables — Snap a picture
Electronics — To Y5V or not to Y5V?
Biohacking — Quantified Bob’s Experience with Ketone Esters
No comments yet.
Sorry, the comment form is closed at this time.