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Power outage? RadioShack’s shares risk delisting after dipping below $1
For the first time, RadioShack’s shares are trading below $1, leading some to worry that the company’s stock could be delisted. Shares of the electronics retailer dipped 11 cents, or 10.6%, on Friday...
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RadioShack says it may need new financial batteries
RadioShack told investors on Thursday it is exploring options to overhaul the struggling electronics retailer’s balance sheet, moves that could include a debt restructuring and possible store closures....
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RadioShack’s CFO resigns after less than 9 months on the job
RadioShack’s Chief Financial Officer John Feray has resigned after serving in that role for less than a year, leaving that post just a day after the struggling electronics retailer warned it could file...
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Lying on resumes: When business execs go rogue
David Tovar, the VP of corporate communications at Walmart WMT , had been a rising star at the retailer. One big problem: He lied on his resume. And, unfortunately for him, it cost him the job. Tovar...
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Jobs report and hack attacks — 5 things to know today
Hello, friends and Fortune readers. Happy Friday! The latest monthly jobs report, released this morning, is likely to rule the news today, but there’s also an increasingly difficult situation in Hong...
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Which retailers will sing a Black Friday swan song?
A season of giving isn't enough for some retailers. A few struggling companies are in need of a holiday miracle. "The overall landscape in retail has had no real growth in earnings since 2009," says...
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RadioShack unveils a cost-cutting plan as its losses deepen
Beleaguered electronics retailer RadioShack RSH reported a wider third-quarter loss as net sales tumbled 16% due to store traffic declines and weakness in the mobility business. Here's what else you...
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RadioShack hires advisory firm, names new interim CFO
RadioShack has tapped an advisory firm and named a new interim chief financial officer, moves that come less than a week after the struggling electronics retailer unveiled a cost-cutting plan in the...
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After 94 years, RadioShack may be about to pull the plug
Troubled electronics retailer RadioShack is reportedly close to filing for bankruptcy and is in talks to sell half of its more than 4,000 stores to Sprint while shuttering its remaining locations....
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RadioShack’s bankruptcy and the jobs report — 5 things to know today
Good morning friends and Fortune readers. Happy jobs Friday! Stocks look set to move higher following the release of the January employment report. A strong rally Thursday lifted stock indexes into...
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RadioShack’s proposed sale worth $200 million; GameStop eyes stores
RadioShack’s RSH sale of about 2,000 stores to a hedge fund is worth $200 million, an advisor to the electronics retailer told a U.S. Bankruptcy Court on Wednesday.This was the first time the bankrupt...
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GameStop nabs 163 RadioShack leases for Spring Mobile push
GameStop may sharply increase the number of its Spring Mobile stores after the company bid on Wednesday for the right to take 163 leases over from electronics retailer RadioShack Corp, which filed for...
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RadioShack’s bankruptcy auction may include your personal data
If you shopped at RadioShack before the company started closing its stores en masse earlier this year, your personal data could be up for bid in the company’s bankruptcy auctions. More than 13 million...
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RadioShack stores get a new roommate: Sprint
Your local RadioShack may have just sprouted a Sprint store. On Friday, Sprint started opening 1,435 co-branded Sprint-RadioShack stores across the U.S. in a move that will expand the retail presence...
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Corporate defaults are piling up at the fastest pace since the recession
Despite the improving the economy, the number of companies at risk of going bust is rising faster than at any time since the Great Recession. According to credit rating agency Standard & Poor’s, 52...
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RadioShack will pay cash for your unredeemed gift cards
Still holding onto that RadioShack gift card you got for Christmas two years ago? Well, dig it out. It may be worth something again. RadioShack, which filed for bankruptcy in February, has tentatively...
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This retailer is taking (somewhat of) a stand against Black Friday shopping...
Over the past few years, the annual day of shopping mayhem known as Black Friday has been starting earlier and earlier--so early, in fact, that many stores have started opening on Thanksgiving Day,...
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RadioShack is Moving Black Friday up to Wednesday
Radioshack wants to get ahead of the competition this holiday shopping season. The electronics retail chain is starting its Black Friday deals on the Wednesday before Thanksgiving. Stores will also...
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RadioShack’s CEO Has Quit After Less Than a Year
Ron Garriques, who took the reins of RadioShack after it filed for bankruptcy and was sold to a New York hedge fund, has reportedly quit as CEO after less than a year in the position. Garriques stepped...
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RadioShack Just Hired Its 10th CEO in 10 Years
As it tries to rebuild in its post-bankruptcy era, RadioShack has tapped a former CEO of Target Australia and CEO of Sears Canada to take over the electronics retailer. 54-year-old Dene Rogers will...
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