Saturday, February 18, 2006

Radio Shack Falls for Microsoft - Costs the Company 700 Stores?

The Seattle Times: Business : "DALLAS — RadioShack's troubles deepened Friday, as the electronics retailer announced it would close up to 10 percent of its 7,000 stores after a report of weak fourth-quarter earnings.

At an investment conference at RadioShack's Fort Worth, Texas, headquarters, where the news was released, President and Chief Executive David Edmondson apologized to investors over 'misstatements' on his résumé."


Yet another reason why Radio Shack chose Windows. Now that they can't afford it, they are closing 700 stores. Smart people: Makes me wonder who else lied on their resume like David Edmondson. And they thought they were saving millions by switching to Windows.

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