Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 03-06-2014, 08:16 AM
 
23,838 posts, read 23,112,280 times
Reputation: 9409

Advertisements

Quote:
RadioShack said Tuesday that it plans to close up to 1,100 stores, or about a fifth of its U.S. locations. The news came as the retailer reported a wider quarterly loss after a disappointing holiday season. Its stock tumbled 16 percent in afternoon trading.
http://abcnews.go.com/Business/wireStory/radioshack-close-1100-us-stores-22763714

Quote:
Staples (SPLS), the largest office-supplies chain, will close as many as 225 stores in North America and reduce costs by as much as $500 million by the end of 2015, as it forecast sales
to drop for a fifth consecutive quarter.

The savings are expected to come from supply chain, retail store closures and measures including "labor
optimization, non-product related costs, IT hardware and services, marketing, sales force and customer service," the Framingham, Mass.-based company said in a statement Thursday.
Staples to Shut as Many as 225 Stores, Cut Costs by $500 Million - DailyFinance



Reporter Asks Obama: Do You Regret Calling This "Recovery Summer" - YouTube



Reply With Quote Quick reply to this message

 
Old 03-06-2014, 08:18 AM
 
22,768 posts, read 30,717,462 times
Reputation: 14745
right, because radio shack is a leading economic indicator
Reply With Quote Quick reply to this message
 
Old 03-06-2014, 08:19 AM
 
Location: San Francisco
8,982 posts, read 10,456,602 times
Reputation: 5752
It's Obama's fault that people are buying stuff online?
Reply With Quote Quick reply to this message
 
Old 03-06-2014, 08:19 AM
 
Location: Maryland
7,808 posts, read 6,386,331 times
Reputation: 9966
I haven't been inside a Radio Shack in 2 decades. It's a miracle they've been around this long.
Reply With Quote Quick reply to this message
 
Old 03-06-2014, 08:20 AM
 
23,838 posts, read 23,112,280 times
Reputation: 9409
1,325 stores...that's a lot of employees without jobs.
Reply With Quote Quick reply to this message
 
Old 03-06-2014, 08:21 AM
 
1,743 posts, read 1,657,901 times
Reputation: 808
RadioShack is garbage, they are way over priced and barely have anything. They should of kept up with the times and listened to what people want or need .

But then again , this is a real ****ty thing to hear. Wish the employees the best of luck in this economy .
Reply With Quote Quick reply to this message
 
Old 03-06-2014, 08:21 AM
 
Location: Florida
77,005 posts, read 47,592,894 times
Reputation: 14806
I have been wondering how Radio Shack is still in business because there are much better deals for their merchandise in the net.
Reply With Quote Quick reply to this message
 
Old 03-06-2014, 08:22 AM
 
Location: Great State of Texas
86,052 posts, read 84,436,896 times
Reputation: 27720
Quote:
Originally Posted by le roi View Post
right, because radio shack is a leading economic indicator
The little fish go first.
But let's just ignore it because they aren't big enough.

Boeing..600 layoffs
ToysRUs..200 layoffs
Best Buy..2000 layoffs
Sony..400 layoffs
JPMorgan..8000 layoffs
etc.


Daily Job Cuts - Layoff News , Job Layoffs 2014 / 2013 , Bankruptcy, Store closings, Business Economy News
Reply With Quote Quick reply to this message
 
Old 03-06-2014, 08:23 AM
 
Location: City Data Land
17,156 posts, read 12,949,556 times
Reputation: 33174
Quote:
Originally Posted by shiftymh View Post
I haven't been inside a Radio Shack in 2 decades. It's a miracle they've been around this long.
This. On the rare occasions my husband and I go to Radio Shack, we are the only customers in the store and we always leave empty handed. We joke that the store is really a cover for a money laundering operation.
Reply With Quote Quick reply to this message
 
Old 03-06-2014, 08:24 AM
 
Location: San Francisco
8,982 posts, read 10,456,602 times
Reputation: 5752
Quote:
Originally Posted by AeroGuyDC View Post
1,325 stores...that's a lot of employees without jobs.
Well, if they stay unemployed for more than a few days, it's their own fault. They should just pick themselves up by their bootstraps and get *real* jobs. Right?
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies

All times are GMT -6. The time now is 01:26 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top