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To: usconservative
Seriously, Radio Shack isn't even good for the occasional spare part anymore.

I went to a Radio Shack last week. A gal clerk came running over and insisted on helping me. So I asked her for a 22 to 24 gauge stranded wire pair spool, preferably black and red. She hands me some electrical 16 gauge solid wire. I said forget it. She hovered around me trying to hand me various wiring, all wrong. I kept repeating myself, then told her to go away. Sigh! Can't find the soldering tips for my torch soldering iron. Can't find the electrical connectors I want. All they have are cellphone batteries and toys. Used to be able to get chips and resistors and other components easily 30 years ago. Now they're a joke.

47 posted on 09/15/2014 8:53:21 PM PDT by roadcat
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To: roadcat

These clowns make the idiots at FEDGOV look like high functioning autistics!

From Wiki:

“Fix 1500” initiative[edit]
In early 2004, RadioShack introduced Fix 1500, a sweeping program to “correct” inventory and profitability issues company-wide. The program put the 1,500 lowest-graded store managers, of over 5,000, on notice of the need to improve. Managers were graded not on tangible store and personnel data but on one-on-one interviews with district management.[18]

Typically, a 90-day period was given for the manager to improve (thus causing another manager to then be selected for Fix 1500). A total of 1,734 store managers were reassigned as sales associates or terminated in a 6-month period. Also, during this period, RadioShack canceled the employee stock purchase plan. By the first quarter of 2005, the metrics of skill assessment used during Fix 1500 had already been discarded, and the corporate officer who created the program had resigned.

CEO turnover[edit]
On February 20, 2006, the company announced that its CEO, David Edmondson, had resigned over questions raised about his résumé. The Fort Worth Star-Telegram discovered that he had not earned degrees in theology and psychology from Heartland Baptist Bible College as claimed on his résumé.[19] RadioShack’s board of directors stood up for Edmondson, but Edmondson admitted to the errors, calling them “misstatements”, and resigned.[20]

In wake of Edmondson’s absence Claire Babrowski acted as CEO, chief operating officer and president for RadioShack. She had just joined several months prior, after spending 31 years employed with McDonald’s Corporation, most recently as a vice president and Chief Restaurant Operations Officer. In August 2006, Claire Babrowski left RadioShack, later to become CEO and Executive Vice President of Toys “R” Us.

RadioShack had also admitted that 2005 fourth-quarter earnings had fallen 62 percent after a switch in wireless providers led to an inventory write-down. The news sent the company’s shares to an almost three-year low.

On July 7, 2006, RadioShack’s board of directors announced it had chosen Julian C. Day (then aged 54) to serve as chairman and chief executive officer of the company. Day had previously served in senior leadership positions at several large publicly traded retailing companies in the US and had played a key role in revitalizing such companies as Safeway, Sears and Kmart. Day had financial experience, but woefully lacked any practical front-line sales experience needed to run a retail company. As such, he was named as one of the “10 Crappiest CEOs” of 2009 (among consumer-facing companies, according to their own employees).[21] Day’s failing tenure lasted 5 years; he resigned in May 2011.[22][23][24]

James “Jim” Gooch, whom Day hired as Chief Financial Officer in 2006, succeeded Day as CEO of the company in 2011 and served for 16 months. He “agreed to step down” as CEO following a 73% plunge in the price of the stock.[25]

On February 11, 2013, RadioShack Corp. hired Joseph C. Magnacca as its fourth chief executive officer in three years, tapping a drugstore marketing expert to help revive the unprofitable electronics chain. Unlike his two predecessors, Magnacca has retailing experience.[26]


60 posted on 09/15/2014 9:07:51 PM PDT by Rome2000
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