Vypir500

IT WAS YOU!

I was someone who could see a direct loss and profit report, I sometimes wonder myself. The profit of phone sales is pretty much non existent unless you are the only business in town. Their profit stems from the bits and pieces. However it's not much vs the rent space cost for most of their establishments. In my district, about 12 of 15 stores operated in loss.

Yes, but I like bacon more.

Radioshack re-branded about 3 years ago to "the shack" and it failed. That marketing company is no longer employed. (recently hired the company responsible for the e-trade commercials). Old radioshack customers had the "know how" to fix their electronics. In today's age is almost as cheap to buy it new rather than waste time fixing it. (most electronics). Radioshack saw the new trend towards mobile electronics and tried to dive in with the big boys. Their stock price is result of how well they're fairing, and how ill prepared I believe they were. I always had ideas how radioshack should transform to make money but I'm just a manager at one of thousands of locations.

EDIT: Also, if you google deep enough they operate on revolving cash flow (top line sales), and a new loan for $100 million.

I worked in a top ten violent city in the u.s. and anything from prostitues buying prepaid joe phones to prepaid burners for drug dealers was my bulk business. Many stories to tell there lol. Most customers were shady, however not harmful. Other stores had a high volume prepaid phone sales to illegal imigrants who wont pass credit check.