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BUSINESS
August 11, 2009 | DAN NEIL
One of my many undistinguished postings was a summer job as an assistant manager of a Radio Shack (then spelled as two words) in a strip mall in Rock Springs, Wyo. Dante couldn't think of a better description of hell. This was in 1982, and Radio Shack was actually a pretty happening electronics retailer, selling cordless phones, turntables, circuit boards, resistors and a magical something called a TRS-80 Color Computer, with which one could glimpse the future's horizons in a game called Starfire.
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BUSINESS
April 18, 2014 | By Salvador Rodriguez
If you're looking to buy the iPhone 5s for cheap, RadioShack is the place to go. The electronics retailer is holding a promotion that drops the price of the 16-gigabyte Apple iPhone 5s to $99 on a two-year contract. That's a nearly 50% discount on the device, which is normally sold at $199 with a two-year contract. VIDEO: Protecting against Heartbleed Customers can save more money and get the gadget for free if they trade in an older iPhone. Fine print for the promotion says an iPhone 4s that works with either AT&T, Sprint or Verizon, is in working condition, includes its charger and has no cracks on the screen is enough to get the iPhone 5s for free.
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BUSINESS
January 29, 1998 | Associated Press
Compaq Computer Corp., snubbing IBM for a second time this week, unveiled an exclusive deal with Radio Shack that replaces IBM's Aptivas with Compaq's Presarios in the nation's largest electronics retailer. The deal comes just two days after Compaq agreed to buy Digital Equipment Corp. in a challenge to IBM as the dominant supplier of a range of computers, from desktop PCs to powerful business machines.
BUSINESS
March 4, 2014 | By Ricardo Lopez
Beleaguered electronics retailer RadioShack Corp. reported its fourth-quarter store sales were down 19% compared to last year and that it would close up to 1,100 underperforming stores, the Fort Worth company said Tuesday. " Our fourth-quarter financial results were driven by a holiday season characterized by lower store traffic, intense promotional activity particularly in consumer electronics, a very soft mobility marketplace and a few operational issues," RadioShack chief executive  Joseph C. Magnacca said.  The company's fourth-quarter revenue was down 20%, slumping to $935.4 million compared to nearly $1.2 billion during the same period last year, RadioShack reported.  It also reported a net loss of $191.4 million for the fourth-quarter, its eighth consecutive quarterly loss.
BUSINESS
August 19, 2006 | From Bloomberg News
RadioShack Corp. President and Chief Operating Officer Claire Babrowski will leave the company at the end of the month after failing to win the top job at the third-biggest U.S. electronics retailer. Babrowski, who came to RadioShack from McDonald's Corp. in July 2005, was acting chief executive before turnaround specialist Julian Day was hired last month. The Fort Worth-based company ousted previous CEO David Edmondson in February for lying on his resume.
BUSINESS
February 17, 2006 | From Reuters
The board of RadioShack Corp. said it had hired a lawyer to investigate admissions by Chief Executive David Edmondson that he had lied about his academic record. The company's statement, released late Wednesday -- along with newspaper reports that Edmondson had been involved in several alcohol-related driving incidents -- left analysts and legal experts wondering whether he could survive in his position.
BUSINESS
March 19, 2005 | From Associated Press
RadioShack Corp. lowered its earnings outlook because of a slowdown in wireless sales and a weaker-than-expected performance in its battery business. The consumer electronics retailer's shares skidded $3.11, or 11%, to close at $24.60 on the New York Stock Exchange. The close was the stock's lowest since June 2003. The Fort Worth-based company lowered its first-quarter earnings forecast to between 30 cents and 34 cents a share from a previous forecast of 39 cents to 41 cents.
BUSINESS
April 10, 1991 | JESUS SANCHEZ, TIMES STAFF WRITER
Tandy Corp., owner of Radio Shack electronics stores, agreed Tuesday to pay up to $16 million to former California employees to settle charges that it illegally withheld vacation pay due departing workers. Lawyers said the settlement, one of the largest of its kind, covers an estimated 25,000 people in California who left Tandy between Oct. 12, 1983, and last Nov. 15. Most employees worked at Radio Shack.
BUSINESS
July 7, 2001 | Associated Press
RadioShack Corp. said it has agreed to buy Microsoft Corp.'s 25% stake in the consumer electronics chain's Internet venture, RadioShack.com, for $88 million in cash. With the purchase, Fort Worth-based RadioShack ended a relationship that began in November 1999, and it becomes the sole owner of its Internet venture. Separately, RadioShack said sales from its retail division increased 8% to $356.6 million in June. Sales at company-owned outlets open at least a year rose 4%.
BUSINESS
May 14, 2004 | From Bloomberg News
Vonage Holdings Corp., a closely held telephone company, will sell its Internet-based phone service through stores owned by RadioShack Corp., the third-largest U.S. electronics-store chain. RadioShack, which is based in Fort Worth, will offer Vonage gear and service plans starting at $14.99 a month at almost 4,000 stores in 38 states. The agreement gives Edison, N.J.
BUSINESS
March 4, 2014 | By Ricardo Lopez
RadioShack Corp., the struggling electronics retailer, on Tuesday said it might close 1,100 stores - about a fifth of all its outlets - after it reported its eighth straight quarterly loss. The Forth Worth company said it had a net loss of $191.4 million for the fourth quarter - more than triple what it lost a year earlier. Its fourth-quarter revenue slumped 20% to $935.4 million. Like many bricks-and-mortar retailers, RadioShack is struggling to reverse declining foot traffic to its stores and fend off competition from other retailers, including Amazon.com.
BUSINESS
September 27, 2012 | By Tiffany Hsu, Los Angeles Times
Another CEO of an electronics retailer is out of a job. RadioShack Corp. said its chief executive, James F. Gooch, was stepping down. The troubled company issued a statement Wednesday saying that Gooch's departure was effective immediately and that an executive search firm had been engaged to find his replacement. Gooch, who had previously been chief financial officer of RadioShack, held the CEO post for less than a year and a half. The strip mall staple's stock tanked more than 80% during his tenure as CEO. In the second quarter, the Fort Worth company suffered a net loss of $21 million, compared with a profit of $24.9 million in the same period a year earlier.
HEALTH
September 1, 2012 | By Karen Ravn
Many companies make pillows meant to improve your health, at many prices. Here are some of them, but consumers can certainly shop around. Acupressure Halsa pillow , $29.95 Bed of Nails pillow, $24.95  for $24.95  * Sinus congestion, allergy National Allergy for a Healthier You , $5.99 to $26.99 * Anti-acid reflux There's a wide variety of pillows in a range of prices, including at...
SPORTS
May 22, 2011 | By Diane Pucin
Chris Horner and Levi Leipheimer crossed the finish line Saturday at the top of Mt. Baldy holding hands at the end of Stage 7 of the Amgen Tour of California. Leipheimer, by the margin of a finger, was the winner of the 75.8-mile stage from Claremont to the top of Mt. Baldy, and Leipheimer's RadioShack teammate Horner just about clinched the overall title with only Sunday's 82-mile ride from Santa Clarita to Thousand Oaks as a wrap-up. It took three-time race winner Leipheimer 3 hours 33.01 seconds to ride Saturday's stage.
SPORTS
July 14, 2010 | Reuters
GAP, France — Sergio Paulinho gave Lance Armstrong's team RadioShack their first victory in the Tour de France when he won the 10th stage here Wednesday. The 2004 Olympic silver medalist was also the first Portuguese to win an individual Tour stage in 21 years and only the fourth rider from his country to do so. Paulinho, who also won a Vuelta d'Espana stage in 2006, outsprinted Belarus' Vasil Kiryienka on the line, while Belgium Dries Devenyns was third, one minute 29 seconds behind.
BUSINESS
August 11, 2009 | DAN NEIL
One of my many undistinguished postings was a summer job as an assistant manager of a Radio Shack (then spelled as two words) in a strip mall in Rock Springs, Wyo. Dante couldn't think of a better description of hell. This was in 1982, and Radio Shack was actually a pretty happening electronics retailer, selling cordless phones, turntables, circuit boards, resistors and a magical something called a TRS-80 Color Computer, with which one could glimpse the future's horizons in a game called Starfire.
BUSINESS
May 30, 2001 | Bloomberg News
RadioShack Corp. said fiscal second-quarter profit will fall more than expected because of slower sales of wireless telephones and computers in April and May. The company forecast profit of 25 cents to 27 cents a share for the quarter ending June 30, less than the 34-cent average estimate of analysts polled by First Call/Thomson Financial. RadioShack earned $75.4 million, or 38 cents, in the year-earlier quarter. RadioShack also said earnings for full year 2001 may decline by 10%.
BUSINESS
August 10, 1995 | DAN MARGOLIS
Struggling AST Research Inc. has suffered another setback as Radio Shack, which accounted for 18% of the Irvine computer maker's retail sales, signed an agreement this week to make IBM the featured brand this fall at Radio Shack outlets. AST had been selling computers through Radio Shack stores since last fall as part of its effort to bolster sales by distributing products through national retail chains.
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