Content about RadioShack Corp.

July 29, 2014

The stakes will be high for every retailer during the upcoming holiday season, but none more so than RadioShack where a stellar fourth quarter could help the company avert a gloomy scenario outlined by Moody’s Investors Service.

The stakes will be high for every retailer during the upcoming holiday season, but none more so than RadioShack where a stellar fourth quarter could help the company avert a gloomy scenario outlined by Moody’s Investors Service.

The rating agency suggested in a report released July 29 that RadioShack has adequate liquidity to see it through this year, but noted that 2015 could be a different matter.

July 16, 2013

RadioShack’s has unveiled its first branded section of a college bookstore at the University Co-op at the University of Texas at Austin, as part of the retailer’s five-year agreement with NACSCORP, along with a new logo.

FORT WORTH, Texas — RadioShack has unveiled its first branded section of a college bookstore at the University Co-op at the University of Texas at Austin, as part of the retailer’s five-year agreement with NACSCORP, which sports the retailer's new logo.

February 26, 2013

Comps were down 7% at RadioShack for the fourth quarter, driven by a decline in the mobility and consumer electronics platforms.

FORT WORTH, Texas — Comps were down 7% at RadioShack for the fourth quarter, driven by a decline in the mobility and consumer electronics platforms. Total sales and and operating revenue were $1.3 billion, compared with $1.4 billion last year.  

The company reported a fourth-quarter net loss of $63 million, or 63 cents per diluted share, compared with net income of $12 million last year. 

September 6, 2012

IBM announced at its Smarter Commerce Global Summit that RadioShack Corp. is working with IBM's cloud-based solutions to improve price image and pricing operations over the entire pricing lifecycle.

ORLANDO, Fla. — IBM announced at its Smarter Commerce Global Summit that RadioShack Corp. is working with IBM's cloud-based solutions to improve price image and pricing operations over the entire pricing lifecycle.

The solutions being used by RadioShack are part of IBM's cloud-based merchandising analytics software and services, which help companies define the optimal price points and product mix based on customer buying trends.

February 23, 2012

RadioShack Corp. said Thursday that it has named William "Bill" Nebes III as senior VP, overseeing the company's operations in Mexico.

FORT WORTH, Texas — RadioShack Corp. said Thursday that it has named William "Bill" Nebes III as senior VP, overseeing the company's operations in Mexico.

Nebes will report to Jim Gooch, president and CEO.

Nebes has served as VP Mexico operations for RadioShack since February 2009, shortly after RadioShack acquired full ownership of the Mexico business in December 2008.

February 21, 2012

RadioShack reported a fourth-quarter sales increase, thanks to the rollout of Target Mobile centers, but profits were down.

FORT WORTH, Texas — RadioShack reported a fourth-quarter sales increase, thanks to the rollout of Target Mobile centers, but profits were down.

Total net sales and operating revenues from continuing operations for the 2011 fourth quarter increased 5.9% to $1.39 billion, compared with $1.31 billion for the 2010 fourth quarter. Net income for the 2011 fourth quarter was $11.9 million, or 12 cents per diluted share, compared with net income of $57 million, or 51 cents per diluted share, for the fourth quarter ended Dec. 31, 2010.

November 30, 2011

RadioShack Corp. has initiated a formal review of its creative agency of record for the U.S. general market.

FORT WORTH, Texas — RadioShack Corp. has initiated a formal review of its creative agency of record for the U.S. general market. RadioShack reported total advertising expenses of approximately $206 million for the fiscal year ended Dec. 31, 2010.

To help navigate the review process, RadioShack has retained the services of Select Resources International (SRI), an agency-review consulting firm based in Santa Monica, Calif.

February 23, 2011

RadioShack Corp. on Tuesday said its fourth-quarter net income fell by 25%, which was toward the low end of the company's already reduced guidance.

Fort Worth, Texas -- RadioShack Corp. on Tuesday said its fourth-quarter net income fell by 25%, which was toward the low end of the company's already reduced guidance.

The company reported net income of $57 million in the October to December period, down from $75.7 million a year ago.

January 11, 2011

RadioShack Corp. plans to almost double its presence in Target stores, where it operates wireless departments for the Minneapolis retailer, according to Minneapolis/St. Paul Business Journal. RadioShack ran mobile departments in 850 Targets at the end of 2010, the report said, with the number expected to increase to approximately 1,450 Target stores by June 30.

New York City -- RadioShack Corp. plans to almost double its presence in Target stores, where it operates wireless departments for the Minneapolis retailer, according to Minneapolis/St. Paul Business Journal.

RadioShack ran mobile departments in 850 Targets at the end of 2010, the report said, with the number expected to increase to approximately 1,450 Target stores by June 30.