Content about RadioShack

December 16, 2014

Struggling consumer electronics retailer RadioShack Corp. has named Carlin Adrianopoli, a consultant with strategic advisory and interim management services firm FTI Consulting, as its new interim CFO. 

Struggling consumer electronics retailer RadioShack Corp. has named Carlin Adrianopoli, a consultant with strategic advisory and interim management services firm FTI Consulting, as its new interim CFO.

Adrianopoli replaces Alix Partners managing director Holly Etlin, who was named interim CFO in September to replace previous CFO John Feray after he resigned.

Adrianopoli, 39, has been a senior managing director in the FTI Consulting Corporate Finance/Restructuring practice since 2010 and joined FTI in 2002.

December 11, 2014

RadioShack CEO Joe Magnacca contends the company’s core strategies are working even though evidence of the success was hard to see between a steep third quarter loss and double digit same store sales decline.

RadioShack CEO Joe Magnacca contends the company’s core strategies are working even though evidence of the success was hard to see between a steep third quarter loss and double digit same store sales decline.

Same store sales were down 13.4% in the third quarter ending Nov. 1, driven by traffic declines and soft performance in the mobility business, the company said. Total sales and operating revenue were $650.2 million, compared with $775.4 million last year.

December 11, 2014

RadioShack CEO Joe Magnacca contends the company’s core strategies are working even though evidence of the success was hard to see between a steep third quarter loss and double digit same store sales decline.

RadioShack CEO Joe Magnacca contends the company’s core strategies are working even though evidence of the success was hard to see between a steep third quarter loss and double digit same store sales decline.

Same store sales were down 13.4% in the third quarter ending Nov. 1, driven by traffic declines and soft performance in the mobility business, the company said. Total sales and operating revenue were $650.2 million, compared with $775.4 million last year.

December 8, 2014

Struggling retailer RadioShack has a new hope for the holidays: Weird Al Yankovch. 

Eighties sensation Weird Al Yankovic is offering RadioShack a new hope for the holidays.

Yankovic is appearing in the chain's holiday ad campaign called "Gift Smart.” In the ad, he sings his own unique take on the holiday song “Toyland.”

"He's tech-savvy, smart and a social media guru," said RadioShack chief marketing officer Jennifer Warren. Yankovich has more than 3.5 million Twitter followers and 1.6 million Facebook fans. "I don't think there could be a better fit for our brand right now."

December 8, 2014

Struggling retailer RadioShack has a new hope for the holidays: Weird Al Yankovch. 

Eighties sensation Weird Al Yankovic is offering RadioShack a new hope for the holidays.

Yankovic is appearing in the chain's holiday ad campaign called "Gift Smart.” In the ad, he sings his own unique take on the holiday song “Toyland.”

"He's tech-savvy, smart and a social media guru," said RadioShack chief marketing officer Jennifer Warren. Yankovich has more than 3.5 million Twitter followers and 1.6 million Facebook fans. "I don't think there could be a better fit for our brand right now."

November 26, 2014

Few retailers have as much at stake this holiday season as RadioShack which explains why the company made the high risk move of relaunching its Web site just days before the busiest shopping weekend of the year.

Few retailers have as much at stake this holiday season as RadioShack which explains why the company made the high risk move of relaunching its Web site just days before the busiest shopping weekend of the year.

The struggling retailer said the redesign of RadioShack.com offers an easier user experience and comes just in time for the holiday season and kicks off a week of free shipping offers on promotionally priced goods.

November 26, 2014

Few retailers have as much at stake this holiday season as RadioShack which explains why the company made the high risk move of relaunching its Web site just days before the busiest shopping weekend of the year.

Few retailers have as much at stake this holiday season as RadioShack which explains why the company made the high risk move of relaunching its Web site just days before the busiest shopping weekend of the year.

The struggling retailer said the redesign of RadioShack.com offers an easier user experience and comes just in time for the holiday season and kicks off a week of free shipping offers on promotionally priced goods.

November 14, 2014

RadioShack continues to roll out its new “Fix It Here!” service as it looks to become more relevant with shoppers.

RadioShack continues to roll out its new “Fix It Here!” service as it looks to become more relevant with shoppers.

The company announced the new mobile device repair service is now available in at least 30 stores in the Houston area. The move is part of an ongoing national rollout expected to have the service in 750 locations by year end. The service is currently offered at 650 stores.

RadioShack is looking to increase sales during the crucial holiday shopping season, and the new service is seen as a way to generate store traffic and sales.

November 14, 2014

RadioShack continues to roll out its new “Fix It Here!” service as it looks to become more relevant with shoppers.

RadioShack continues to roll out its new “Fix It Here!” service as it looks to become more relevant with shoppers.

The company announced the new mobile device repair service is now available in at least 30 stores in the Houston area. The move is part of an ongoing national rollout expected to have the service in 750 locations by year end. The service is currently offered at 650 stores.

RadioShack is looking to increase sales during the crucial holiday shopping season, and the new service is seen as a way to generate store traffic and sales.

October 23, 2014

Radio Shack is launching its new “R Promise” initiative to offer holiday shoppers services including price matching and new payment options.

Radio Shack is launching its new “R Promise” initiative to offer holiday shoppers services including price matching and new payment options. Radio Shack stores will match prices on identical products from local brick-and-mortar competitors, major online retailers (excluding wireless phones from online retailers) and RadioShack.com at the time of purchase or within 15 days of the purchase.

October 23, 2014

Radio Shack is launching its new “R Promise” initiative to offer holiday shoppers services including price matching and new payment options.

Radio Shack is launching its new “R Promise” initiative to offer holiday shoppers services including price matching and new payment options. Radio Shack stores will match prices on identical products from local brick-and-mortar competitors, major online retailers (excluding wireless phones from online retailers) and RadioShack.com at the time of purchase or within 15 days of the purchase.

October 20, 2014

RadioShack’s same-day mobile repair service, branded as Fix it Here!, has been extended to more location in the Chicago market.

RadioShack’s same-day mobile repair service, branded as Fix it Here!, has been extended to more locations in the Chicago market.

The service is billed as a first-of-its-kind from a national retailer and offers owners of broken mobile devices such as tablets and smartphones the ability to have them repaired the same day, typically in less than two hours, for prices starting at $39.99.

October 20, 2014

RadioShack’s same-day mobile repair service, branded as Fix it Here!, has been extended to more location in the Chicago market.

RadioShack’s same-day mobile repair service, branded as Fix it Here!, has been extended to more locations in the Chicago market.

The service is billed as a first-of-its-kind from a national retailer and offers owners of broken mobile devices such as tablets and smartphones the ability to have them repaired the same day, typically in less than two hours, for prices starting at $39.99.

September 15, 2014

Longtime RadioShack adviser Holly F. Etlin has been tapped once more as interim CFO, replacing John Feray. Citing personal reasons, Feray resigned Sept. 12, just a day after the company posted its 10th straight quarterly loss.

Longtime RadioShack adviser Holly F. Etlin has been tapped once more as interim CFO, replacing John Feray. Citing personal reasons, Feray resigned Sept. 12, just a day after the company posted its 10th straight quarterly loss.

Etlin, a managing director of AlixPartners, has already served as RadioShack's interim CFO, from July 2013 to Feb. 2014.

RadioShack warned in a regulatory filing it may seek bankruptcy protection, with a possible sale or third-party investment as other potential avenues to remedy its ongoing financial woes.

September 15, 2014

Longtime RadioShack adviser Holly F. Etlin has been tapped once more as interim CFO, replacing John Feray. Citing personal reasons, Feray resigned Sept. 12, just a day after the company posted its 10th straight quarterly loss.

Longtime RadioShack adviser Holly F. Etlin has been tapped once more as interim CFO, replacing John Feray. Citing personal reasons, Feray resigned Sept. 12, just a day after the company posted its 10th straight quarterly loss.

Etlin, a managing director of AlixPartners, has already served as RadioShack's interim CFO, from July 2013 to Feb. 2014.

RadioShack warned in a regulatory filing it may seek bankruptcy protection, with a possible sale or third-party investment as other potential avenues to remedy its ongoing financial woes.

September 11, 2014

RadioShack posted a net loss of $137.2 million in its second quarter, more than double the $52.2 million loss reported in the year-ago period. It was the troubled retailer’s 10th straight quarterly loss.

RadioShack posted a net loss of $137.2 million in its second quarter, more than double the $52.2 million loss reported in the year-ago period. It was the troubled retailer’s 10th straight quarterly loss.

RadioShack warned in a regulatory filing it may seek bankruptcy protection, with a possible sale or third-party investment as other potential avenues to remedy its ongoing financial woes.

September 11, 2014

RadioShack posted a net loss of $137.2 million in its second quarter, more than double the $52.2 million loss reported in the year-ago period. It was the troubled retailer’s 10th straight quarterly loss.

RadioShack posted a net loss of $137.2 million in its second quarter, more than double the $52.2 million loss reported in the year-ago period. It was the troubled retailer’s 10th straight quarterly loss.

RadioShack warned in a regulatory filing it may seek bankruptcy protection, with a possible sale or third-party investment as other potential avenues to remedy its ongoing financial woes.

August 22, 2014

Top executives from Starbucks, Walmart, Nordstrom and RadioShack, among others, are confirmed as participants at Texas A&M University’s Center for Retailing Studies annual fall conference.

Top executives from Starbucks, Walmart, Nordstrom and RadioShack, among others, are confirmed as participants at Texas A&M University’s Center for Retailing Studies annual fall conference.
 

August 22, 2014

Top executives from Starbucks, Walmart, Nordstrom and RadioShack, among others, are confirmed as participants at Texas A&M University’s Center for Retailing Studies annual fall conference.

Top executives from Starbucks, Walmart, Nordstrom and RadioShack, among others, are confirmed as participants at Texas A&M University’s Center for Retailing Studies annual fall conference.
 

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 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.

June 18, 2014

Specialty retailer Batteries Plus Bulbs is doubling down on its existing device repair business with plans to add the service to more than 600 stores by yearend.

Specialty retailer Batteries Plus Bulbs is doubling down on its existing device repair business with plans to have the service in more than 650 stores by yearend.

Since August of last year, device repair was being tested in 40 markets nationwide and had grown to 275 stores, however the popularity of the service among consumers combined with the surging popularity of smartphones, iPods, tablets and other devices prompted the decision to expand the service to all stores, according to the company.

June 18, 2014

Specialty retailer Batteries Plus Bulbs is doubling down on its existing device repair business with plans to add the service to more than 600 stores by yearend.

Specialty retailer Batteries Plus Bulbs is doubling down on its existing device repair business with plans to have the service in more than 650 stores by yearend.

Since August of last year, device repair was being tested in 40 markets nationwide and had grown to 275 stores, however the popularity of the service among consumers combined with the surging popularity of smartphones, iPods, tablets and other devices prompted the decision to expand the service to all stores, according to the company.

June 10, 2014

RadioShack is making progress on its turnaround, according to CEO Joe Magnacca, even if it wasn’t readily apparent in first quarter results the company reported on June 10.

RadioShack is making progress on its turnaround, according to CEO Joe Magnacca, even if it wasn’t readily apparent in first quarter results the company reported on June 10.

June 10, 2014

RadioShack is making progress on its turnaround, according to CEO Joe Magnacca, even if it wasn’t readily apparent in first quarter results the company reported on June 10.

RadioShack is making progress on its turnaround, according to CEO Joe Magnacca, even if it wasn’t readily apparent in first quarter results the company reported on June 10.