Radioshack Business Analysis

Great Essays
RadioShack — once the go-to chain for consumer electronics — will shutter 1,000 stores during the Memorial Day weekend as it undergoes its second round of Chapter 11 bankruptcy proceedings, the company announced Friday.
RadioShack will continue to operate 70 brick-and-mortar stores across the U.S. as the retailer migrates most of its sales operations to its website, RadioShack said in a news release Friday. This round of closures does not affect the company’s 500 “dealers” — or franchisee-run stores.
The company currently operates four stores in San Antonio, according to its online store locator. Three of those stores will close this weekend, said Steve Moroneso, senior vice president of store operations and real estate for General Wireless

Related Documents

  • Improved Essays

    In 2011, JCPenny announced that they would be closing all of their outlet stores. Then in 2013, JCPenny announced that they would begin to downsize their employees. Since then JCPenny has continued to close underperforming stores and laying off employees. In March of 2017, they released a list of another 138 stores that they would be closing. JCPenny does have a major lawsuit that they should be concerned with.…

    • 558 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    American Eagle Outfitters is an American clothing store, which sells accessories, clothing, etc. It was founded in 1977 (38 years ago). Jerry and Mark Silverman founded it. What is American eagle’s mission state?…

    • 747 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Sears Inc Case Study

    • 702 Words
    • 3 Pages

    What is Sears’ management trying to achieve through decisions with respect to financial reporting for uncollectible accounts? Management’s objective was to find alternatives to better manage the way credit card charges were collected. The new system that was being used allowed the company to charge off customers’ accounts that neglected to make a payment within eight billing cycles. The intention of the new system was to assist the company in better managing their collection efforts giving them the ability to identify accounts that could or would become delinquent earlier on.…

    • 702 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    GameStop’s mission and overall objective is to be “committed to delivering innovation to consumers anywhere, anytime and any way they want it. Whether looking for new or pre-owned, digital or physical video game titles, the latest in video game hardware or accessories or consumer electronics, gaming and technology enthusiast are invited to discover and enjoy their favorite products in one of GameStop’s welcoming retail environments.” What makes GameStop stand out amongst its competition is their knowledgeable sales associates, GameStop has the ability to attract employees that have a genuine interest in electronic games. Another unique factor is their customer loyalty program referred to as PowerUp Rewards which boasts 43 million members across…

    • 751 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    • Strength: - High quality product and brand reputation: Lululemon is the pioneer in the industry for their high quality product and development. Their products are long lasting and lead the industry. In addition, they have a great positioning in the industry, which is ahead of their rivals. It has target customers who are educated, high-income, health-concerned and especially cult-like following. In spite of increasing price of these goods, the brand keeps on pick up steam.…

    • 603 Words
    • 3 Pages
    Decent Essays
  • Decent Essays

    Rocky Mount Crime Rate

    • 215 Words
    • 1 Pages

    As it has transpired, many of the stores in town have closed. For instance, just in the last year, Petco, Michael’s, Kmart, and Bed, Bath, and…

    • 215 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    Sears Case Study Essay

    • 1801 Words
    • 8 Pages

    Automotive centers don’t fit well with the future direction of Sears and they would not integrate well with appliance based stores. The main goal is to get Sears to focus on what they do best which is sell household appliances. In addition, Sears appliances have only seen a slight decline in sales, while every other merchandise category Sears has to offer have seen significant declines in popularity and sales. Just in women’s clothing alone, Sears ranks behind Goodwill when it comes to women’s preference on where to shop.…

    • 1801 Words
    • 8 Pages
    Improved Essays
  • Improved Essays

    Case Analysis Of Primark

    • 1922 Words
    • 8 Pages

    Target Market of Primark Demographics: Segmentation Target customers Income Low-medium income Gender Generation Y (Jahn, 2015) Occupation Student or Young Worker Age Mainly16-24 (Neville, 2016) Psychographics Life style Milan is the second highest fashion market and one of the highest growing market for fashion consumers (Kent, 2011). Price sensitivity Very price sensitive (Kotler.…

    • 1922 Words
    • 8 Pages
    Improved Essays
  • Superior Essays

    As a leading off-price apparel and home fashions retailer, Ross chooses only one type of distribution channel. Ross only distributes products through its brick and mortar stores. Ross was founded in 1957 and its headquarters is in Pleasanton, California (Pan, 2013). Ross now has 1,253 stores in 33 states of the United States (including big states like Arizona, Florida, Texas), the District of Columbia, and Guam (Pan, 2013). Ross stores, which are average 26,100 square feet, reside in strip shopping malls in urban and suburban areas (Vault, 2016).…

    • 1188 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    Case Study Bass Pro Shop

    • 900 Words
    • 4 Pages

    Case analysis#2 Bass Pro Shop is a retailer of hunting, fishing, camping, and related outdoor recreation merchandise. It targets the customers who enthusiastic in outdoor activities, providing them the best, suitable gears to take the challenges under the nature environment. Also, the Bass Pro Shop is approved by National Audubon Society, where providing and selling the authorize gear to all of the customers.…

    • 900 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    Toys R Us Failure

    • 1472 Words
    • 6 Pages

    Toys “R” Us is considered to be a brick and mortar (BAM) type of retailer and like most BAM retailers, it faced the challenges of ecommerce. (EAI Journal, October 2000) In the early 90’s, Toys “R” Us had a lack luster website. The website layout was confusing with few products listed and very little information about them. There were disclaimers that products on the website may vary from those in the store and supply was limited.…

    • 1472 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    Toys R Us Case Analysis

    • 948 Words
    • 4 Pages

    Problem Statement Toys ‘‘R’’ Us filed for bankruptcy protection in 2017 under the Companies' Creditors Arrangement Act. Toy giant, Toys “R” Us, once a market leader, is losing to its competitors: discount stores (such as Walmart), and e-commerce (such as Amazon). Their high prices, lack of technological advances, and keeping up with changing consumer taste and trends, is causing a decrease in sales. External Analysis Culture and Demographics The target consumer of toys is family and friends of children.…

    • 948 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Ross stores Inc. is headquartered in California and is the largest discount retail chain in the country. Ross operates under the names Ross Dress For Less and Discount D together the two brands operate a total of 1,350 stores across the United States. Ross attributes its success to being able to attract and retain quality employees and being very selective in the location of its stores. Ross has also average same sales growth at 5% a year. Same Sales is used in retail to describe sales over a certain a period of time from existing stores.…

    • 747 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Toys-R-Us is one of the largest and most well-known toys stores around the world, having more than 1,800 stores worldwide (“Our History”). Which means kids all over the world can get hyped up about wondering around this toy store, begging to spend their parents’ money. The primary competitors would be other toy stores or hobby shops. Build-a-Bear workshop, Disney Toy Stores, HobbyTown USA, and pretty much any other places that specializes in toys and play things for kids. Toys-R-Us secondary competitors are Wal-Mart, Target, and Amazon.…

    • 820 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    “Barnes & Noble, Inc. (NYSE: BKS) is the world’s largest bookseller and a leading retailer of content, digital media and educational products. The Company operates 632 Barnes & Noble bookstores in 50 states (as of July 29, 2017), and one of the Web’s premier e-commerce sites, BN.com. Our Nook Digital business offers a lineup of popular NOOK® tablets and eReaders and an expansive collection of digital reading content through the NOOK Store®”. William Barnes and G. Clifford Noble opened the Barnes & Noble flagship store on Fifth Avenue at 18th Street in New York City. Some time after they passed away, Leonard Riggio obtained that store.…

    • 998 Words
    • 4 Pages
    Improved Essays