Midnight In The Desert — radioshack

Manager reopens Jefferson City RadioShack

Posted by K R on

Manager reopens Jefferson City RadioShack

It is not often that you see a company go out of business and quickly reopen in the same location, but that is exactly what Jeff Pederson and Trevor “Reed” Freers have done with the Jefferson City RadioShack. Freers was the manager of the original store for six years before RadioShack went bankrupt and closed all of its stores nationwide. “I saw a lot of people lose their jobs,” Freers said. “As the marketing manager, I was the one who had to let a lot of those people go. It was really sad.” Freers’s store was one of the last...

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Sprint Is Officially Saving RadioShack

Posted by K R on

Sprint Is Officially Saving RadioShack

Back in February, RadioShack filed for Chapter 11 bankruptcy, destroying the childhood memories of many a tech blogger, and putting 4,000 brick-and-mortar stores in jeopardy at the same time. But as of today, a plan to co-brand remaining stores with the Sprint logo is officially approved. As reported by Reuters, the offer to co-brand 1,740 remaining RadioShack stores as Sprint/RadioShack locations received approval in bankruptcy court today. Stores will apparently carry both names, with Sprint occupying about a third of each location. The RadioShack side of the business has been bought out by hedge fund Standard General, whose offer beat...

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Can Weird Al Save RadioShack?

Posted by K R on

Can Weird Al Save RadioShack?

Struggling RadioShack has an unlikely hope for the holidays: Weird Al. Yes, that Weird Al -- Yankovic, the pop culture parody singer, will appear in the financially-strapped electronic chain's big holiday ad that breaks Friday in cinemas nationally and on TV on Dec. 5. With many of its stores closing, a major financial restructuring in the works and its stock below $1 a share -- the chain is hoping that this won't be its last-ever holiday ad campaign. The company will close about 200 of its roughly 4,000 U.S. stores this year. RadioShack shares Thursday closed flat at 99 cents....

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Radio Shack and the construction workforce are disappearing for the same, sad reason

Posted by K R on

Radio Shack and the construction workforce are disappearing for the same, sad reason

Despite a very funny Super Bowl ad and an attempt to catch up with the times by remodeling a few stores, Radio Shack is headed for insolvency. MSN Money lists a bunch of problems that retail experts have identified. But there’s a much larger problem for the company—kids today don’t want to build anything for themselves. They are passively educated and passively entertained with a cornucopia of electronic gadgets bought with mummy and daddy’s money and built in Asian factories. Radio Shack’s original and core customer used to be the young man who was a tinkerer: ham and shortwave radio...

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