http://www.sbnation.com/2014/11/26/7281129/radioshack-eulogy...
I think this is a better explanation as to why RadioShack is folding
http://www.sbnation.com/2014/11/26/7281129/radioshack-eulogy...
I think this is a better explanation as to why RadioShack is folding
Unfortunately, this is how you make money. Getting more for your investment than you put in. RadioShack received far more back than they put in, and when that happens in a labor transaction it really is a zero sum game. What a great system we have in the US.
The very first story was getting rid of advertising in newspaper inserts, staffing up like crazy for Black Friday, only to sell maybe $200 worth of stuff that whole day. Other ridiculous things include stocking up on remote-controlled cars based on PT Cruisers and on Brum, which essentially no American recognizes. [1] Next to these, the CueCat seems like genius.