Mar 04
RadioShack To Close 20% Of Stores
Posted in: Today's Chili
I suppose you can pull a line from Charles Dickens’ “A Tale of Two Cities”, where “it was the best of times, and it was the worst of times”, and apply it to the current economic climate around the world. While the economy might be recovering in certain countries, it does feel as though there is an underlying current that might just cause everything to collapse just like that. Companies like HTC have had it rough going for quite some time now, and it seems that struggling RadioShack will have to shutter one fifth of its stores after reporting a loss of $191.4 million in the fourth quarter of last year, which was worse than what analysts had expected.
RadioShack To Close 20% Of Stores original content from Ubergizmo. 
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