Radio Shack

Class-less.

300+ Layoffs via email. What do you expect from a company that hires a new CEO to turn them around…and gets him from that well-known turnaround story…..KMART? Oh and Kmart got him from Sears, another retail masterpiece.
Radio Shack blames their recent poor performance (85% drop in quarterly profits) on “poor sales of wireless phones”.

How about blaming them on the real reasons: Forgetting who their customer is. Moving into a commodity business (cell phones). Stopping the collection of customer addresses and the resulting mailings that regular customers appreciated and looked forward to. On and on and on.
Duh.

If you enjoyed this post, make sure you subscribe to my RSS feed!
No tag for this post.

Comments on this entry are closed.

Previous post:

Next post: