I don’t go to Radio Shack often, but when I go, I really need to go for those strange, weird and expensive little batteries that are sometimes in our consumer electronic devices. No matter what letter or number combo I come with as I enter the store, they typically have it.
This is why was sad to learn that today, the company announced that it was closing 400- 700 stories. Who could blame them? The CEO, David Edmondson has admitted to lying on his resume and quarterly profits fell 62%. The company even said it was "unwise" to issue an earnings estimate for 2006.